Construction Projects Still Down From a Year Ago

by Isaac Benmergui, Esq on January 4, 2012

Although several new construction projects have been proposed for the South Florida area, construction numbers are still down 23 percent from one year ago. In contrast, contracts were up 13 percent over the year in total.

Residential property building, for the moment, appears to be outpacing commercial construction. Although housing projects were down 18 percent in November from a year ago, overall the market has seen an uptick of 33 percent for the year.

Getting Legal Help

The law offices of Isaac Benmergui can help you with your legal real estate needs; call 780-800-2510 or email for more information or to set up an appointment today.


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