Development

Year-over-year change in U.S. commercial real estate properties under construction in the industrial, office and retail sectors, updated monthly.

Year-over-year change in U.S. commercial real estate properties under construction in the industrial, office and retail sectors, updated monthly.

Year-over-year comparison of hotel construction starts across the top 10 metros, updated twice a year.

Year-over-year comparison of industrial building construction starts across the top 10 metros, updated twice a year.

Year-over-year comparison of retail building construction starts across the top 10 metros, updated twice a year.

Year-over-year comparison of office building construction starts across the top 10 metros, updated twice a year.

Year-over-year change in U.S. commercial real estate under construction in the industrial, office and retail sectors, updated monthly.

Year-over-year comparison of multifamily housing construction starts across the top 10 metros, updated twice a year.

Month-over-month, the percentage of industrial properties under construction decreased by 20.2 percent, followed by an 8.1 percent decrease for retail properties.

New development (on a square-foot basis) decreased compared to July 2016 for all property types.

Compared to May 2017, the percentage of industrial properties under construction decreased by 11.9 percent, followed by a decrease of 7 percent for office construction.

The retail sector peaked in May 2014 at 52.5 million square feet, but experienced a 27 percent decline in construction in the following year.