Tuesday, December 13, 2011

North Texas Real Estate By The Numbers

FORT WORTH (Fort Worth Star-Telegram) – According to the latest figures from McGraw-Hill Construction, commercial building contracts in the Metroplex totaled $166.9 million in October, down 38 percent from a year ago. Meanwhile, residential contracts totaled $544.5 million, up 28 percent.
Year to date, commercial contracts through October totaled $3 billion, down 2 percent compared with a year ago. Residential contracts totaled $4.4 billion for the first ten months, up 10 percent.
Statewide numbers for the year show commercial contracts down 13 percent at $11.5 billion and residential contracts remaining flat at $14.6 billion.

The area includes Collin, Dallas, Delta, Denton, Ellis, Hunt, Johnson, Kaufman, Parker, Rockwall, Tarrant and Wise Counties.