Miami new construction activity skyrocketing

Miami new construction activity skyrocketing

The Miami new construction market is putting up some of the most impressive numbers in the nation this year, according to research from Dodge Data & Analytics.

In October, Miami saw more than $1.108 billion in total residential construction spending, which is a whopping 217 percent increase from Oct. 2015. Furthermore, year-to-date construction spending is a much better indicator of the market’s overall health, and at $6.119 billion, Miami’s market is up 10 percent over the same time period last year.

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