Mixed month for Houston area construction projects started in September


According to a new Dodge Data & Analytics report, Houston's new non-residential construction project gained momentum in September but is not enough to surpass the decline in residential areas.

The value of non-resident construction projects initiated in the Houston area increased 15{7be40b84a6a43fc4fae13304fce9a2695859798abfc41afd127b9f8b21c5f9c5} during September year, while housing uptime fell 12{7be40b84a6a43fc4fae13304fce9a2695859798abfc41afd127b9f8b21c5f9c5} during the period, according to the report.

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According to Dodge Data & Analytics, the value of the new Houston area construction project was $ 1.363 billion in September, down 3{7be40b84a6a43fc4fae13304fce9a2695859798abfc41afd127b9f8b21c5f9c5} year-on-year. Non-residential projects totaled $ 558 million and residential projects totaled $ 800 million.

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Total construction starts from this year to September were $ 13.4 billion, down 22{7be40b84a6a43fc4fae13304fce9a2695859798abfc41afd127b9f8b21c5f9c5} year-on-year. In the first nine months of 2018, $ 11.7 billion worth of construction work began.

Non-resident projects include offices, retail, hotels, warehouses, manufacturing, schools, healthcare, religions, and other buildings. Residential projects include houses and apartments.

Dodge Data & Analytics tracks construction in areas including Austin, Brazoria, Chambers, Fort Bend, Galveston, Harris, Liberty, Montgomery, San Jacinto, and Waller County.

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