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.

Georgia MLS’s monthly survey of the 12-county metro area also found that sales volume was strong, up 44.2% year-over-year to $2.64 billion.

In 40% of metro areas analyzed, first-quarter home prices hit new peaks or tied previous ones, according to ATTOM Data Solutions’ first-quarter 2021 U.S. Home Sales Report. 

The three-story building at 1223 Canton will replace a single-family home that, like its neighbors, has been converted to office use.

Homes stayed on the market for 18 days less than they did last year, at an average of 31 days.

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

The class A property was built in 2020 and offers studios through three-bedroom apartments ranging from 622 square feet to 1,375 square feet.

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

“Be patient and treat it like a full-time job.” — Tom Peters, Agent, Coldwell Banker Realty – 400N/Lake Lanier.

Under the terms of the deal, Conversant will commit up to $600 million of equity capital to fund Quinn’s growth as the developer, owner and operator of new rental homes in purpose-built communities across the Southeast.

The 2021 REACH recipients have collectively raised more than $700 million in capital, employ more than 125 people and represent a valuation of more than $1 billion.

Nationwide, the seasonally adjusted housing index rose 1.1% month over month in February and 12% year over year, up from monthly and yearly increases of 0.8% and 11.2% in January, respectively.

The boost in inventory shows signs of seasonal norms as supply starts to catch up with demand.

The median sales price fell in March to $330,800 from $345,900 in February and rose relative to March 2020, when the median price was $328,200.

The deal represents a price of $223,000 per unit, or $157 per square foot.