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Signed contracts declined despite lower interest rates and improved affordability and inventory, the National Association of REALTORS® said.
This former Masonic lodge in Little Falls, New York, was once a meeting place for a local chapter of the Freemasons.
The pace of home-price appreciation declined to its slowest pace in two years, according to the S&P Cotality Case-Shiller U.S. National Home Price Index.
“You must have multiple revenue streams or a ton of savings.” — Mindy Roberts, Realtor, Ansley Real Estate
Community amenities include a pool, sundeck, walking trails, clubhouse, grill area and fitness center.
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.
Nationally, home sales rose 0.6% year over year but slid 0.7% month over month, RE/MAX said.
This home has been carefully constructed out of retrofitted steel shipping containers using alternative construction methods.
The association said the housing market is making a definitive swing back in the direction of the buyer thanks to wage growth, slowing home-price gains and rising inventory.
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.
For the third year in a row, the Atlanta-based developer built the project’s grand prize, a four-bedroom, four-bathroom house in Cumming.
The NAHB/Wells Fargo Housing Market Index slid a point to 32, reflecting ongoing negative sentiment in the homebuilding industry.
EPIC primarily serves Roswell, Alpharetta, East Cobb-Marietta, Milton, Sandy Springs and Woodstock.
The 630-apartment project is the 15th Atlanta-area community from AMLI, which has multifamily developments in major cities across the country.
