New Construction News
The pace of new-home sales hit an annual rate of 800,000, its highest level since January 2022.
At the same time, completions of new single-family homes were on the rise last month, according to federal statistics.
Lots at the luxury farming community range five to over 20 acres and are priced from $349,000 to $1.1 million.
Community amenities include a pool, sundeck, walking trails, clubhouse, grill area and fitness center.
The upside surprise came despite monthly and yearly declines in the pace of sales.
The single-family community will bring 39 homes to market in the Paulding County city.
The 19-story luxury high-rise will bring 304 apartments to market when it opens.
The single-family sector managed to eke out a slight monthly gain, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
The NAHB/Wells Fargo Housing Market Index slid a point to 32, reflecting ongoing negative sentiment in the homebuilding industry.
The 630-apartment project is the 15th Atlanta-area community from AMLI, which has multifamily developments in major cities across the country.
The townhomes will begin in the low $400,000s.
Meadow Glen Village will comprise nine residential mid-rises when it opens in June 2027.
Prices in the luxury townhome community begin in the mid-$900,000s.
The first phase of the community, Park Ridge, comprises 72 townhomes.
The inventory of new homes for sale surged year over year, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
Homebuyers will have the option to add flex rooms, patios and basements and choose their design finishes through the Toll Brothers Design Studio.
