NORTH TEXAS HOUSING CONSTRUCTION'S DECEMBER SPIKE
FORT WORTH (Fort Worth Business Press) – Regional residential construction contracts rose 44 percent in December.
Residential contracts in the Dallas-Fort Worth-Arlington metro area climbed from $376.9 million in December 2011 to $542.6 million in December 2012, according to McGraw Hill Construction. The December boost closed 2012 at 28 percent higher than the previous year.
Total construction contracts in 2012, including nonresidential development, totaled $9.06 billion for the region, a 19 percent increase over 2011. Statewide, overall construction was up 10 percent for the year.
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