South Florida construction starts plummeted for the second straight month. Total construction starts declined 63 percent on a year-over-year basis in February to $589 million, according to a new report by Dodge Data & Analytics. Commercial real estate saw the biggest drop, falling 78 percent to $190.1 million, while residential starts declined 43 percent to $399 million. While monthly housing starts reports can be volatile, February marks the second consecutive month that construction starts fell […]
source https://therealdeal.com/miami/2019/03/28/south-florida-construction-starts-plummet-in-february/#new_tab
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