New Construction News

NAHB: Builder confidence stays strong in May despite concerns about materials costs
NAHB: Builder confidence stays strong in May despite concerns about materials costs

Builder confidence was steady in May, carrying over April’s reading of 83 for another month, according to the most recent National Association of Home Builders/Wells Fargo Housing Market Index.

Major mixed-use development slated for Oaks Golf Course in Newton County
Major mixed-use development slated for Oaks Golf Course in Newton County

The 19-hole Oaks Golf Course will be replaced with 142 single-family houses, 190 townhomes, 360 apartments and 143,000 square feet of retail space.

Lumber prices triple, raising home prices by $36,000
Lumber prices triple, raising home prices by $36,000

Lumber prices have tripled over the past 12 months, driving up the price of the average new single-family home by $35,872. NAHB hopes to alleviate the situation by meeting with the White House, lawmakers and others.

New construction makes up 24% of Q1 residential sales in Atlanta
New construction makes up 24% of Q1 residential sales in Atlanta

Low mortgage rates and low inventory levels are making the demand for homebuilding more attractive to buyers in Atlanta.

NAHB: Single-family homes help boost total residential construction spending in March
NAHB: Single-family homes help boost total residential construction spending in March

The NAHB attributed the monthly increase in its construction spending index to single-family construction and single-family improvements, both of which rose by 2% on a monthly basis. Multifamily construction, meanwhile, declined 0.3% after falling 0.9% in February.  

340-unit apartment community coming to West Midtown
340-unit apartment community coming to West Midtown

The five-story, wood-frame building will be located on the future Westside Beltline Trail and one mile away from the Westside Reservoir Park at Bellwood Quarry.

Beazer planning 30 townhouses for downtown Roswell
Beazer planning 30 townhouses for downtown Roswell

The national homebuilder will tear down five older single-family houses to make way for the new master-planned community.

Mass. developer to break ground on $38M Fourth Ward affordable-housing community
Mass. developer to break ground on $38M Fourth Ward affordable-housing community

Station 496, as the project will be known, will bring 123 affordable-housing units to Boulevard Northeast when it opens in 2022.

Artisan Built to open 7 new homesites for sale in The Georgian
Artisan Built to open 7 new homesites for sale in The Georgian

The new basement-ready sites will be available this summer.

Brock Built Homes planning 25-acre mixed-use development in Alpharetta
Brock Built Homes planning 25-acre mixed-use development in Alpharetta

The development, to be known as Morrison Park, would be built on an undeveloped 25-acre parcel at the intersection of Haynes Bridge Road and Morrison Parkway.

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