New Home Construction Increases

New Home Construction Increases

In yet another sign of a market recovery, new home construction grew by over 50% year on year from 2011 to 2012 in metro Atlanta. A total of 8,288 homes were started but still didn’t meet the growing demand for property as recession foreclosures dropped and homeowners were hesitant to sell. Builders expect to start at least 25,000 homes a year within five years to address the backlog demand and growth in the Atlanta area.

The original article can be read at Atlanta Journal Constitution.

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