Residential construction speeding up in the Chicago metro, says Dodge Data Analytics

  • Single-family housing starts are expected to surpass 6,000 this year in the Chicago metro.
  • The city of Chicago has several notable, residential tower projects slated to start this year.
  • Chicago's non-residential construction sector is down on a year-over-year basis.

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So far this year residential construction starts activity in the Chicago-Naperville-Joliet metro is up noticeably on a year-over-year basis.

During the first two months of this year residential construction starts in the metro totaled more than $606 million, up from $312.5 million during the same span last year, according to data from Dodge Data & Analytics.