0
0
0

Despite Slowdown, Developers are Still Pumping Billions into Houston’s Housing Market

by Peter Thomas Ricci

New analysis from Dodge Data & Analytics paints an encouraging picture for Houston’s new construction marketplace

construction-spending-january-census-bureau-single-family-multifamily

The Houston housing market capped off a strong year of residential investment, according to the latest numbers from Dodge Data & Analytics.

Per Dodge Data’s report, Houston homebuilders and developers pumped $610 million into the housing market in December and $9.945 billion over all of 2015; though December’s total was 18 percent less than a year ago (and the yearly tally was down 1 percent), Houston’s new construction volume is easily among the highest in the nation.

How does Houston’s market compare with other large metro areas? Check out our graph below to find out:

 

Read More Related to This Post

Join the conversation

Oops! We could not locate your form.