When it comes to homebuilding, Houston is a top 40 market to watch in 2017, according to a joint report from PwC and the Urban Land Institute.
The city’s No. 39 ranking comes as little surprise, as Houston has seen strong residential construction spending this year – though, down from previous, record-breaking years. During the month of September, builders spent more than $671 million on new projects – which, while a 13 percent increase year over year, still represents some of the largest spending levels in the country. Year to date, spending was down 18 percent to $6.6 billion.
Check our table below to see how Houston compares:
|Rank||City||5-Point Index Score|
|7||Washington, D.C. – District||4|
|16||Washington, D. C. – Md. Suburbs||3.83|
|20||Salt Lake City||3.76|
|22||Washington, D.C. – Northern Va.||3.72|
|30||Northern New Jersey||3.41|
|31||Kasnas City, Mo.||3.38|
|36||New York – Manhattan||3.23|