2016 is predicted to be grim for many sectors of real estate in Houston, including office and multifamily, as the fallout from low oil prices is forecasted to last another 12 to 18 months.
But retail is one sector that's looking quite healthy, and a report predicts that trend will continue through 2016.
Houston-based Transwestern's Trendlines 2016 report notes that the sector has added 11,300 jobs in the 12 months leading up to September, an increase of 3.8 percent. That's the best year on record since the recession ended in 2011.
