2015 has been a good year for new construction in Miami

Residential construction spending in the Miami housing market totaled $354 million in October, a 53 percent decline from Oct. 2014, according to new numbers from Dodge Data & Analytics.

Year-over-year numbers, though, can be very erratic, and Miami’s year-to-date construction spending is more positive. At $5.386 billion, it’s up 8 percent over the same time period in 2014.

Our infographic below shows how Miami’s construction market compares with other major metro areas: