Courtyards at Traditions will offer 42 ranch homes priced from the $500,000s. 

The supply of new homes for sale ticked lower from February, according to government figures.

The 220-home build-to-rent community is the first development project between Resmark Companies and Eastwood Homes. 

The 33 residences will be priced from the upper $500,000s. 

A shortage of existing-home inventory is driving more people to the market for newly built homes. 

The master-planned communities will bring almost 400 new homes to Duluth, Johns Creek and Cumming. 

Homebuilders expressed “cautious optimism” that the lack of existing inventory would drive demand for new homes despite high construction costs and interest rates, the National Association of Home Builders reported.    

The luxury apartment community is part of the new Publix-anchored Sam’s Crossing Village on North Arcadia Avenue. 

The Atlanta-based builder said the 200-plus homes are aimed at “first-time and move-up buyers.” 

The 114-townhome, build-to-rent community is situated on 10 acres near the intersection of Sugarloaf Parkway and Five Forks Trickum Road. 

The median sales price of a new home declined on both a monthly and yearly basis, however, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.        

Of the 23 area counties analyzed by asset manager and developer St. Bourke, 20 saw new-home construction decline. 

The mid-rise development will have a sky lounge overlooking the neighboring Dekalb-Peachtree Airport.

A request for proposal seeks the development of at least 200 affordable and market-rate residences on a 1-acre site at 184 Forsyth St. 

The buyer is purchasing the project in stages, acquiring each phase when it receives its occupancy certificate. 

Multifamily investor CONTI Capital cited Atlanta’s young demographic in its ranking.