Houston Economy MarketWatch
Transcription
Houston Economy MarketWatch
Market Watch HOUSTON ECONOMY February 2015 Houston #1 r ankings Fastest Growing City - Forbes U.S. Key Indicators Top Market for Real Estate Investment and Development Expectations for 2015 - Houston Chronicle Best Places to Find a New JobSugar Land and The Woodlands - Grow Texas 52 Wk High DJIA S&P 500 NASDAQ 1-Yr TRSY 10-Yr TRSY Prime Rate h o u s t o n q u i c k fac t s 52 Wk Low 18,103.45 2,097.03 4,893.84 0.25 2.80 3.25 15,855.45 1,814.36 3,946.03 0.07 1.67 3.25 52 Wk High WTI Brent 30 Yr Fixed 15 Yr Fixed Freddie Mac Fannie Mae 100.52 110.67 4.83 3.96 6.00 6.35 52 Wk Low 43.58 47.68 3.71 2.98 1.44 0.01 The above information is current as of the publication date of this report. If you need real-time numbers for any of these key indicators, visit the WSJ Market Data Center. Fourth most populous city in U.S. Fifth largest metro by population in U.S. Third most Fortune 500 headquarters locations in U.S. Added more jobs since the bottom of the recession than any of the other 20 most populous metros More than 5,000 energy firms doing business in the Houston metro area Home to Texas Medical Center, the largest medical/life sciences complex in the world which employs over 106,000 people Home to the Port of Houston, one of the busiest ship channels in the world and ranked first in the U.S. in import and export tonnage Unemployment Rate 2014 2013 2012 2011 2010 Houston MSA Texas U.S. 4.1% 4.1% 5.4% 6.2% 6.8% 8.1% 8.5% 6.3% 6.8% 7.9% 8.2% 7.4% 8.1% 9.0% 9.7% Source: Bureau of Labor Statistics & Texas A&M Real Estate Center Houston Employment By Sector Trailing 12 Months Non-Farm INDUSTRY EMPLOYMENT DECEMBER 2014 December 2013 Mining & Logging Construction Manufacturing Trade, Transportation & Utilities Information & Financial Activities Professional & Business Services Education & Health Services Leisure & Hospitality Other Services Government Total 118,600 107,400 203,800 188,900 263,800 255,600 603,500 587,200 181,300 174,100 448,400 431,000 363,200 340,100 286,700 277,900 101,800 99,500 389,600 378,400 2,960,700 2,840,100 % Growth 10.4% 7.9% 3.2% 2.8% 4.0% 4.0% 6.8% 3.2% 2.3% 3.0% 4.2% Source: Bureau of Labor Statistics Population Houston MSA Texas U.S. 2013 6,340,014 26,448,193 316,128,839 2012 6,202,549 26,060,796 313,873,685 2011 6,081,133 25,640,909 311,582,564 2010 5,946,800 25,145,561 308,745,538 Source: Texas A&M Real Estate Center & US Census Bureau Average Home Prices December 2014 Houston MSA Texas U.S. Average Price $280,863 $247,000 $255,800 Median Price $209,590 $191,900 $209,500 2.5 3.1 4.4 Mos. Inventory Source: Texas A&M Real Estate Center & National Association of Realtors HOUSTON ECONOMY MARKET WATCH February 2015 A B OUT TRANS W E ST E RN H OUSTON IN T H E N E W S Details on major upgrades planned for massive industrial park Transwestern is a privately held real estate firm specializing in agency leasing, property and facilities management, tenant advisory, capital markets, research and sustainability. The fully integrated global enterprise leverages competencies in office, industrial, retail, multifamily and healthcare properties to add value for investors, owners and occupiers of real estate. As a member of the Transwestern family of companies, the firm capitalizes on market insights and operational expertise of independent affiliates specializing in development, real estate investment management and research. Transwestern has 34 U.S. offices and assists clients through more than 180 offices in 38 countries as part of a strategic alliance with Paris-based BNP Paribas Real Estate. link to story Houston Business Journal, February 17, 2015 Changes aim to put the ‘park’ back in Allen Parkway link to story Houston Chronicle, February 16, 2015 New bay-area hospital set to expand further link to story Houston Business Journal, February 13, 2015 BUILDING PERMITS ISSUED HOUSTON MSA Permits: Multifamily Permits: Single Family 4,000 3,500 3,000 2,500 2,000 1,500 Transwestern was founded in Houston, Texas in 1978, and Houston remains the corporate headquarters today. As one of the preeminent commercial real estate firms in Houston, we offer a comprehensive menu of real estate services designed to provide owners, tenants and investors with the optimum solutions for their unique requirements. Transwestern has seasoned veterans in every area of expertise with the integrity, experience and creativity to be the best partner for its clients. Transwestern’s Houston office currently employs over 400 team members and has been an innovator in the Houston market for 37 years. 1,000 500 0 DEC-13 JAN-14 FEB-14 MAR-14 APR-14 MAY-14 JUN-14 JUL-14 AUG-14 SEP-14 OCT-14 NOV-14 DEC-14 Source: Texas A&M Real Estate Center H OUSTON CONTACTS Eric Anderson Executive Vice President - Office 713.407.8704 [email protected] Brian Gammill Managing Director - Industrial 713.270.3321 [email protected] Ed Cummins Senior Vice President - Multifamily 713.272.1288 [email protected] Michael Snodgrass Managing Director - Structured Finance 713.270.3342 [email protected] Ken Page Managing Director - Investment Sales 713.270.3361 [email protected] Doug Little Senior Managing Director - Office 713.272.1284 [email protected] Nick Hernandez Managing Director - Retail 713.270.3354 [email protected] Justin Leighton Managing Director - Tenant Advisory 713.272.1227 [email protected] Jan Sparks Managing Director - Structured Finance 713.270.3398 [email protected] Scott Myers Vice President - Investment Sales 713.270.3384 [email protected] David Baker Executive Vice President - Office 713.407.8701 [email protected] Micha van Marcke, CCIM Senior Vice President - Retail 713.272.1231 [email protected] Bobbie Bozarth Senior Vice President - Tenant Advisory 713.272.1221 [email protected] David Schwarz, SIOR Vice President - Land 713.270.3371 [email protected] Michelle Wogan Executive Vice President - Office 713.270.3348 [email protected] Eric Johnson Managing Director - Healthcare 713.272.1217 [email protected] Micheal Palmer Senior Vice President - Tenant Advisory 713.231.1627 [email protected] Carlos Bujosa Vice President - Land 713.272.1289 [email protected] Contact Methodology Rachel Alexander Director of Market Research 713.270.3344 [email protected] The information in this report is the result of a compilation of publicly available data from a variety of commercial and government sources. 1900 West Loop South, Suite 1300 Houston, Texas 77027 T 713.270.7700 F 713.270.6285 www.transwestern.net/houston Copyright © 2015 Transwestern. All rights reserved. No part of this work may be reproduced or distributed to third parties without written permission of the copyright owner. The information contained in this report was gathered by Transwestern from CoStar and other primary and secondary sources believed to be reliable. Transwestern, however, makes no representation concerning the accuracy or completeness of such information and expressly disclaims any responsibility for any inaccuracy contained herein.
Similar documents
Enterprise Wireless Network Solution Provider
Enterprises systems offer wireless network design in Houston. We develop network solution for keeping your network secure. Visit Us: http://enter-sys.com/
More information