LA's new construction booms in first half of 2016, but it's still nowhere near New York

  • New construction starts in the commercial and multifamily sector are down 5 percent from 2015 in the first half of 2016, according to a new report from Dodge Data & Analytics.
  • In 2015 there were "several unusually large projects" valued at $7.6 billion. This year, there have only been two projects over the $500 million mark.
  • New construction of commercial and multifamily buildings in Houston is down 44 percent from 2015.

EMBRACE. FOCUS. EXECUTE. Build your 2019 roadmap to success with 4,000+ real estate leaders.
Inman Connect New York | January 29 - February 1, 2019

A new report from Dodge Data & Analytics shows new construction starts in the commercial and multifamily sector down 5 percent nationwide. Following a banner year in 2015 thanks to major project in New York, the first half of 2016 shows signs of leveling off under the previous year’s mark.