New Construction News

Declining interest rates spurred the increase.

A redevelopment project proposal that would bring a six-story building with 230 apartments to Roslindale’s Arboretum Road is one step closer to approval.

A new development project will bring more than 1,400 residential units to Dorchester, including income-restricted and senior-living residences.

Specifically, single-family homes were built at a seasonally adjusted annual rate of 963,000, up 3.2% from 933,000 in August and up 8.6% from 887,000 a year earlier, according to government figures.

A development proposed for Blue Hill Avenue in Mattapan will bring a 100% income-restricted development to the area.

The Boston Planning & Development Agency has given the greenlight to a project that will bring 1,900 residential units within 21 buildings to the former Bayside Expo Center in Dorchester.

Construction is set to begin on the development of a city-owned property on Talbot Avenue in Dorchester.

A Boston-based design and architecture firm announced the completion of the city’s first internationally certified Passive House single-family home project.

A developer has filed a letter of intent to redevelop a South Boston site to bring a multi-family mixed-use building to the neighborhood.

Single-family home permits and completions, meanwhile, also rose, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.

Low inventory and high demand are buoying builder sentiment in the face of several headwinds.

Fenway Corners will include eight mixed-use buildings with office space, labs, residences, retail and restaurants.

Demand for newly built homes has remained strong as high interest rates keep many would-be sellers of existing homes off the market.

The larger-than-expected increase comes as homebuilder sentiment rose for the sixth month in a row.

A shortage of existing inventory continues to drive buyers to new construction.

Single-family permits also posted a gain, indicating even more new homes are headed to today’s supply-constrained housing market.