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DALLAS (Federal Reserve Bank of Dallas) – August 20, 2019 – Texas employment will grow 2.6 percent this year, according to the Texas Employment Forecast by the Federal Reserve Bank of Dallas. Based on the forecast, the state will add 331,100 jobs this year. Employment in December 2019 will reach 12.9 million. This prediction comes […]
HOUSTON (BISNOW & JLL) – August 12, 2019 -Mixed-use is taking hold in Houston. The success of CityCentre, and more recently Kirby Collection and the River Oaks District, has increased the demand for projects that embrace the live-work-play mantra. More than 20 mixed-use projects are under construction, planned or recently delivered within the Inner Loop […]
HOUSTON (BISNOW) – August 8, 2019 – Absorption came in strong for the second quarter at 684K SF; however, it was counteracted by the delivery of 754K SF of office space in the Bank of America Tower in Downtown Houston, according to Transwestern. “The recovery has been a lot slower than we thought it would […]
HOUSTON – (RECON-Texas A&M) – July 30, 2019 – Local multifamily occupancy (90.2 percent) and rents ($1.17 per square foot) significantly rose over the year in second quarter 2019, improving on the flat rent and occupancy growth in the prior quarter reached 10,094 units, which means Houston has already absorbed more in two quarters than […]
From Houston Economy at a Glance (July 2019 Publication of the Greater Houston Partnership) The U.S. Census Bureau posted population estimates for U.S. metros in April. Metro Houston has a population of nearly 7.0 million, a gain of just over 1.0 million since ’10. The Bureau released estimates for cities in May. The city of […]