Continuing its slow return to prominence, residential construction is gaining ground in many metropolitan areas in the U.S. Unfortunately, not everyone did so well in April.
The Houston area has seen its fair share of rough residential construction months, but April 2014 won’t be counted among them. According to numbers provided by McGraw-Hill, residential construction in Houston is already outpacing 2013.
Last April, total residential construction projects were valued at approximately $864 million, making Houston one of the most active markets in regard to new construction. Looking at the market, it would seem unreasonable that Houston would surpass 2013, but as McGraw-Hill confirmed, construction in the city was up in April by more than $10 million, bringing total construction to $878 million.
Check out our graph below to see how your city compares: