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New Residential Construction in Houston Down 34% in January

by Peter Thomas Ricci

The latest numbers from McGraw Hill Construction gave us insights to the nation’s new construction markets.

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New residential construction activity in Houston slipped a bit in January, falling 34 percent year-over-year, according to the latest economic data from McGraw Hill Construction; however, with total construction spending totaling $382 million, Houston still had among the largest construction markets in the nation.

How did that activity, though, compare with the nation’s other large metro areas? To find out, we put together the following graph:

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