A Look at Damage Five Weeks Later

Local retail sales will increase, especially for durable goods such as automobiles (credit: Kelley Blue Book).

HOUSTON—It’s been five weeks since Hurricane Harvey. Progress is being made, as evident from the stats from local research companies which provide an update and recap of the damage to commercial real estate properties in the area.

ApartmentData.com has been conducting one-on-one interviews with managers at 2,725 apartment properties in Greater Houston to obtain an accurate assessment of the number of units damaged by Harvey. As of September 22, the multifamily research company surveyed 2,610 or 95.8% of those 2,725 properties, GlobeSt.com learns.