Oct 31, 2016
REIS: Houston, Dallas, LA, Chicago construction, industrial first glance 3Q 2016
U.S. - Third quarter 2016 was marked by a somewhat consistent trend—a pronounced pullback in new completions, relative to recent quarters.Houston leads the list for the highest number of new completions...
U.S. – Third quarter 2016 was marked by a somewhat consistent trend—a pronounced pullback in new completions, relative to recent quarters.
Houston leads the list for the highest number of new completions in the apartment sector for 3Q 2016, with 4,245 units coming online—and all this even as the metro suffers from depressed energy prices.
Houston, with its lack of zoning laws, once again leads the top five markets for office completions in the 3Q 2016.
The top five markets listed in the Top Office by Completions chart account for 58.5 percent of all new office deliveries in Reis’s top 82 markets in the third quarter.
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