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McGraw Hill: Residential Construction in Chicago Up 65% in August

by Peter Thomas Ricci

Construction in the Windy City remains historically low, but it’s made quite a bit of progress thus far in 2013.

mcgraw-hill-construction-data-august-construction-spending-housing-recovery

First, the bad news – residential construction in Chicagoland remains historically low, and is among the lowest of all major metropolitan housing markets.

Now, the good news – at the same time, residential building has risen 65 percent in the last year, and is up a robust 48 percent year-to-date, according to the latest numbers from McGraw Hill Construction.

How does Chicago compare with the rest of the pack? See our graphic below to find out.

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