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

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

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

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. 

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. 

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.