New Construction
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.
New single-family home construction declined as builders continue to grapple with macroeconomic headwinds.
The multi-phase development is planned for 1,278 acres along the shore of Lake Talmadge.
The community offers three-story, detached homes priced from the high $700,000s.
At full build-out, the Newnan active-adult community will have 700 single-family homes priced from the mid-$300,000s to the $800,000s.
