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South Florida Residential, Commercial Construction Sharply Divided

In South Florida, residential construction spiked, while commercial construction plummeted according to an April-to-April Dodge Data & Analytics report. So reports The Real Deal.

Residential construction starts jumped 58% from April 2017 to April 2018 while commercial started dropped 42%. Total building activity was up about $1 billion year-to-year, though.

New steel tariffs are not expected to hurt South Florida’s market due to building code requirements that rebar be used in concrete structures.

Read the full article from The Real Deal.

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