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Metro Atlanta new construction growing strongly in 2016

by Peter Thomas Ricci

Construction-crane-homebuilding-builders

The Metro Atlanta new construction market is putting up strong numbers in 2016, according to research from Dodge Data & Analytics.

In August, Metro Atlanta saw more than $464 million in total residential construction spending, a 15 percent decline from Aug. 2015. Metro Atlanta’s year-to-date construction spending, though, is quite positive, and now totals $5.071 billion, a 12 percent increase over the same time period last year.

See our chart below for more details on August’s new construction activity:

Metro Area Residential Construction Spending – Aug. 2016 (in millions) YOY Change YTD 2016 Construction Spending (in millions) YOY Change
Atlanta $464.21 -15% $5,071.61 12%
Boston $286.97 -52% $3,065.81 -3%
Chicago $1,216.80 140% $5,477.44 79%
Dallas $1,043.05 10% $8,068.84 7%
Houston $726.89 -14% $6,043.01 -16%
Los Angeles $1,431.23 49% $6,151.25 15%
Miami $570.96 -20% $4,718.74 -4%
New York $1,372.10 -6% $13,197.13 -27%
San Francisco $652.44 140% $3,016.22 29%
Seattle $380.08 -33% $3,173.32 -13%
Washington, D.C. $555.63 29% $3,995.37 -9%

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