Houston's once-torrid housing market kicked into slowdown mode in home and apartment construction, according to a monthly release by Dodge Data & Analytics. Houston Chronicle staffer Katherine Feser takes a look at the numbers, and compares them with historical data. Feser writes,
"The value of residential construction starts dropped by 18 percent in December to $610.5 million, down from $743.9 million in December 2014. For the year, the residential tally was down slightly to $9.9 billion, a 1 percent drop from 2014.
The value of construction started on nonresidential buildings - including office, retail, hotel, healthcare, churches and other categories - also fell."