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

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.  

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.

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

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

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

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.

The National Association of Homebuilders expects continued growth in single-family construction through the rest of 2021, although at a slower pace than that of 2020.

Barry Companies Inc. is asking Newnan to annex 42 acres it hopes to turn into a massive mixed-use development that would bring more than 1 million square feet of residential, office and retail space to an undeveloped area east of the city’s downtown.

The project is being developed by Royal Oak Developers and marketed by SET Real Estate Group, which is affiliated with Compass Georgia LLC.

The project, dubbed Chamblee Park, calls for 417 condominiums, 28 single-family homes, 370 apartment units and 10,000 square feet of retail space.

Fortune 500 builder Toll Brothers recently broke ground on Portland Row in the heart of East Atlanta Village.

The Henry County neighborhood will offer five home designs sized 3,000 square feet and up.

The Park 108 property is on the corner of Park Row and East Lake Road NE in Decatur’s Oakhurst neighborhood.

Epic Development Atlanta is building the Village Stacks, which offers three floorplans of two-bedroom, two-and-a-half bath units priced from the mid-$400,000s.

Artisan Built Communities is now offering the Perry, Hartwell and Alston plans to buyers.