New Construction News

Housing starts post surprisingly big jump in February 

The pace of new-home construction was higher than economists expected, even as homebuilders expressed concern about the impact of tariffs and supply-side challenges. 

New-home sales post unexpectedly large decline in January 

At the same time, the median sales price for a new home hit its highest level since 2022, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.   

Four projects to bring 190 new residences to Boston neighborhoods

The projects are located in Roxbury, Fenway, Dorchester and East Boston.

NAHB: Tariff worries help send builder confidence to five-month low 

At the same time, builder sales expectations for the next six months posted their second-largest drop since the sentiment index started in 1985. 

Boston’s new zoning amendment requires net zero carbon for new buildings

New buildings in Boston will be required to achieve net zero carbon emission standards before opening due to a new zoning amendment.

New-home sales rise 5.9% month over month in November

The median-sales price slid from $425,600 in October to $402,600 last month. 

New single-family housing construction dips in October 

Multifamily construction, meanwhile, rose on a monthly basis. 

Dawn McKenna’s Christine Lutz to lead sales at downtown Naples redevelopment, The Avenue  

The Avenue will feature a mix of high-end retail and hospitality venues, plus 50 upscale residences priced from just under $3 million. 

New-home sales post surprise gain in September 

The median price of a new home sold during the month was also up, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

Single-family housing starts increase for the second month in a row 

Multifamily starts, meanwhile, declined, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said.    

First residential building in Suffolk Downs redevelopment opens

A grand opening ceremony was held for the eight-story Amazya building, bringing the first 475 residential units to the project.

Developer breaks ground on new Salem affordable housing development

Construction is set to begin on the redevelopment of senior housing into a new affordable housing development in Salem. 

New-home sales dip in August but beat expectations 

The 716,000 per-year rate of new-home sales topped the consensus estimate of 700,000. 

New-home sales jump in July 

July’s seasonally adjusted annual rate of 739,000 represented a 10.6% jump from June’s upwardly revised rate of 668,000. 

Developer inks Massport deal to build housing at former Boston Edison power plant

A developer has received the approval it needed from Massport to build a housing development at the former Boston Edison Power Station on Summer Street in South Boston. 

Housing starts rebound in April after March slump 

New-home construction jumped 5.7% month over month after a soft March, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

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