Atlanta Residential Construction Review: Q2-2024

New residential construction in the Metro Atlanta area has continued to see gains this year in comparison to last year. Through the second quarter of 2024, there has been a 25 percent year-over-year increase in new home construction, resulting in more than 11,820 new permits added to the HBW database. And while the Metro Atlanta area has experienced an overall increase in new residential construction, there are a handful of counties that have exhibited higher concentrations of new permits than others – There are five counties (out of 24 that make up the Metro Atlanta area) that carried nearly 50 percent of all new permits through the second quarter of this year; those counties are as follows:

Gwinnett County (2,375 permits; +39 percent YOY)

Cherokee County (952 permits; +7 percent YOY)

Fulton County (909 permits; +16 percent YOY)

Forsyth County (748 permits; +34 percent YOY)

Cobb County (746 permits; +24 percent YOY)

When using the data derived from the latest HBW Building Activity Trend Reports to identify areas with the greatest year-over-year increases in new home construction, we found that there are a few counties with significant growth so far this year; those counties are as follows:

Dawson County (482 permits; +141% YOY)

Douglas County (350 permits; +55% YOY)

Jackson County (510 permits; 50% YOY)

Hall County (690 permits; +48% YOY)

In addition to the leading counties listed above, there were a few other notable Metro Atlanta counties that carried a higher volume of new residential construction activity through Q2-2024; those counties include but are not limited to: Paulding County (663 permits); Bartow County (475 permits); and Newton County (422 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.

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