Major US cities saw sharp drops in new construction projects in 2017: report

Multifamily and commercial construction slowed in most major U.S. metro areas last year, according to a new report. Major declines in funding for new construction starts were registered in cities like New York, Miami and Los Angeles. The report by Dodge Data & Analytics tracked the 20 cities with the highest dollar contribution for new construction projects last year. The total was $194.7 billion, down from $209 billion in 2016. Dodge mostly attributed the decrease […]


Source: Real Estate

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