Business
Business

Atlanta housing starts zoom in third quarter

By
Nov 20, 2012

Housing starts in metro Atlanta increased 50.3 percent in the third quarter ended in September compared to the same period a year ago, according to a report by Metrostudy, a real estate research and consulting firm.

In a research note earlier this month, Eugene James, Metrostudy’s Atlanta regional director, said modest improvement in employment, coupled with higher demand, is helping the housing market. Inventory of available new homes overall remains low.

About the Author

J. Scott Trubey is the senior editor over business, climate and environment coverage at The Atlanta Journal-Constitution. He previously served as a business reporter for the AJC covering banking, real estate and economic development. He joined the AJC in 2010.

Follow J. Scott Trubey on twitter
More Stories

Keep Reading

Home Depot is an economic bellwether and its financial results are closely watched as a gauge of consumer spending and the housing market. (Hyosub Shin / AJC file)

Credit: HYOSUB SHIN / AJC

Home Depot cuts outlook amid housing slump and consumer uncertainty

Home Depot said its net income dipped to $3.6 billion during the third quarter, down 1.3% from the same period last year.

Global software firm announces Atlanta expansion with 250 new jobs

Sales software company Salesforce announced Tuesday it will invest $15 million to expand its Georgia operations, adding 250 new jobs to Fulton County by the end of 2028.

Downtown Atlanta’s Hotel Phoenix takes flight, sets opening date

The opening comes as Centennial Yards and its parent, CIM Group, push ahead on several key projects across the 50-acre site, the largest project the city has seen in decades.

The Latest

Older model used vehicles for sale at an independent dealership in Chattanooga, Tennessee, on Nov. 11, 2023. Photo courtesy of Chris Hardesty.

Credit: Special

Beyond the odometer: What matters most in a used car

Why your car’s safety tech needs maintenance, too

OPINION

Saying goodbye to the Porsche 718 Cayman — for now

Featured

Rose Scott signals as Closer Look goes on air in the WABE studio. An Atlanta resident left WABE a $3 million donation, a boost after WABE lost $1.9 million in annual funding from the Corporation of Public Broadcasting. (Ben Gray / AJC file)

Credit: Ben Gray

Donor leaves WABE $3 million, largest individual gift in station’s history

An Atlanta resident has bequeathed WABE a $3 million donation, the largest one-time individual donation in the nonprofit media operation’s 76-year history.

Usher sues business partners over failed Buckhead restaurant plan

Atlanta singer Usher wants his money back after loaning $1.7 million to music producer Bryan-Michael Cox and others to buy a Buckhead restaurant property for $6.3 million.

Braves’ original ‘Freeze’ is retired. But you probably still can’t catch him.

As the Atlanta Braves prepare to find their next sprinting mascot, Nigel Talton is enjoying his new career coaching high school athletes at McEachern High.