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Atlanta new construction continues strong 2016

by Peter Thomas Ricci

new-construction-home

The Metro Atlanta new construction market continued its sterling 2016 performance in April, according to new numbers from Dodge Data & Analytics.

In April, Metro Atlanta saw more than $423 million in total residential construction spending, a 25 percent decline from April 2015. Metro Atlanta’s year-to-date construction spending, though, was more encouraging with its $2.251 billion total a 7 percent increase over the same time period last year.

Here is a chart showing how Atlanta’s construction spending compares with the rest of the country:

Metro Area Residential Construction Spending – April 2016 (in Millions) YOY Change YTD 2016 Construction Spending (in Millions) YOY Change
Atlanta $423.33 -25% $2,250.80 7%
Boston $417.20 71% $1,901.90 44%
Chicago $407.32 25% $1,551.69 33%
Dallas $985.70 -19% $3,700.71 0%
Houston $701.68 -24% $2,849.64 -24%
Los Angeles $422.66 -33% $1,956.51 3%
Miami $321.41 -35% $2,279.03 14%
New York $1,463.97 -51% $7,064.88 -11%
San Francisco $555.26 83% $1,699.55 87%
Seattle $303.25 -41% $1,526.91 -13%

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