The surprisingly large decline in the pace of housing starts comes as builder sentiment remains depressed by tariff worries and high prices. 

The development offers 24 fee-simple condominiums priced from $499,900. 

The community, Villas at Gold Creek, will bring paired-patio homes to the established Gold Creek neighborhood. 

The Elyse Buckhead will join the Florida-based developer’s other local luxury condominium towers, the Graydon Buckhead and the Dillon Buckhead. 

The three- and four-story townhomes will be priced from the low $900,000s when sales begin. 

The community, to be known as Silverton, will offer single-family homes in a future phase of development. 

The pace of new-home construction was higher than economists expected, even as homebuilders expressed concern about the impact of tariffs and supply-side challenges. 

The unnamed community will bring 269 units and is being co-developed with TMGRI from Dallas.  

Trilogy bought the site of the future community from Blue River Development, which also sold it the homebuilder, now known as Rêve Homes. 

The developers recently secured a $42.74 million construction-completion loan for the first phase of project, which is leasing up. 

The Lyniece Talmadge family sold the land, which overlooks the J.W. Smith County Reservoir, with the help of SSG Realty Partners. 

At the same time, the median sales price for a new home hit its highest level since 2022, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.   

Monte Hewett Homes and Kingdom Estates are developing a 1.61-acre parcel at 236-244 N. Main St. 

Pulte Homes is the first national homebuilder to join in the build-out of the 1,140-acre master-planned community in Jefferson. 

The Atlanta-based build-to-rent developer is rolling Blue River into a new homebuilding company, Rêve Homes. 

At the same time, builder sales expectations for the next six months posted their second-largest drop since the sentiment index started in 1985.