Chicago’s new construction market ended 2016 on a high note. It started to 2017 still hitting that same note, apparently.
A new report from Dodge Data & Analytics shows that in January, residential construction spending in Chicago skyrocketed over 110 percent, amounting to a gain of more than $450 million and making it one of the most active markets in the country. That’s after a 34 percent year over year residential construction spending gain in December, which capped off a year in which, overall, spending had increased 46 percent.
See our table below to see how Chicago compares against the other markets we cover:
|Metro area||Jan. 2017||Jan. 2016||Percent change|