Dallas-Fort Worth Ranked Number Two in Top US Construction Markets
Dallas-Fort Worth construction market is down 8 percent from last year’s building projects. However, DFW is still ranked number two on the list of the largest construction markets of 2018 right behind New York.
According to Dallas News, commercial building starts are down 27 present year-to-date and DFW residential construction for 2018 is up from last year’s total, with the area leading the country in starts of both single family homes and apartments.
All of the major Texas metros were down in building projects with the exception of Houston. Due to last year’s hurricane the construction starts are up 13 percent this year for Houston.
Even though Dallas is down from last year it is still too soon to tell if we are declining from a peak. To read more on this topic please click here.