Development

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

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

On a month-over-month basis, Retail properties under construction decreased by 12.8 percent and Industrial assets dropped by 11.0 percent. In November 2017, construction activity in the Office sector dropped by 8.9 percent compared to the previous month.

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.

The percentage of industrial under construction decreased by 7 percent, followed by the decrease of 5.2 percent for retail construction, compared to March 2017.