Last week, we reviewed the latest construction data on record with HBW for new swimming pool construction in Atlanta; in the report, we recognized that Atlanta’s swimming pool construction market is showing some signs of potential improvement. This week, we are looking at how the residential construction market is performing, and based on the latest reports from HBW, it appears that new home construction is off to a stable and steady start so far this year.
Since the start of this year (through March), there has been no notable year-over-year change in new home construction; that being stated, there were just over 4,990 new permits added to the HBW database. And while overall the Metro Atlanta area has been on target with last year’s figures for residential construction, there are some counties that have proven to exhibit some growth in the first quarter of this year (vs. Q1-2024); those counties include but are not limited to the following:
- Forsyth County (394 permits, +19 percent)
- Hall County (360 permits; +14 percent)
- Barrow County (204 permits; +96 percent)
- Jackson County (203 permits; +10 percent)
- Newton County (190 permits; +17 percent)
When reviewing the latest HBW Building Activity Trend Report to identify areas with the highest levels of new residential construction activity, we found that there are five counties (out of 24 that make up the Metro Atlanta area) that carried nearly 45 percent of all new permitting activity; those counties are as follows:
- Gwinnett County (740 permits)
- Forsyth County (394 permits)
- Cherokee County (392 permits)
- Hall County (360 permits)
- Fulton County (327 permits)
Other Metro Atlanta counties that held a higher volume of new residential construction in the first quarter of this year include: Cobb County (302 permits); Dawson County (252 permits); and Paulding County (251 permits).
Information utilized for the above listed figures for Metro Atlanta residential construction was directly derived from HBW construction data reports. To gain access to the HBW database and receive custom and detailed reports on the latest residential and commercial building activity in Florida, Georgia, Texas, Alabama, and Oklahoma, please contact HBW for details.