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Metro Atlanta new construction continues to grow in 2016

by Peter Thomas Ricci

new-construction-home-house-worker-frame

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

In September, Metro Atlanta saw more than $505 million in total residential construction spending, a 12 percent increase over Sept. 2015. More importantly, the ATL’s year-to-date construction spending now totals $5.662 billion, a 13 percent increase over the same time period last year.

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

Metro Area Residential Construction Spending – Sept. 2016 (in millions) YOY Change YTD 2016 Construction Spending (in millions) YOY Change
Atlanta $505 12% $5,662 13%
Boston $515 77% $3,684 7%
Chicago $446 13% $5,948 72%
Dallas $847 -7% $9,237 8%
Houston $671 -20% $6,696 -18%
Los Angeles $528 20% $6,736 16%
Miami $267 -14% $4,986 -4%
New York $1,154 16% $14,402 -25%
San Francisco $287 28% $3,324 29%
Seattle $570 25% $3,836 -6%

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