The community will offer 41 single-family homes and townhomes in the Heart of Boynton District. 

The 20-story, 36-condominium project is the world’s first yacht-branded residential tower, according to its developers. 

The 12-story Modera community will bring several public-space improvements to the South Dixie Highway corridor. 

The 37 mansions start at $15 million each and offer private-elevator entry foyers. 

The inventory of new homes for sale surged year over year, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.    

The developer appointed Fortune Development Sales to lead sales efforts.

New single-family home construction declined as builders continue to grapple with macroeconomic headwinds. 

The 21-story luxury tower will offer 54 condominiums starting at $1.9 million. 

Located on the Intracoastal Waterway in Jupiter, the 15 multi-level residences will offer coastal views, private terraces, rooftop decks and private garage parking.

The organization issued a statement in support of the pro-development campaign at its annual meeting in Tampa. 

The branded residential project is the German hotelier’s first ground-up development in the United States.  

The 46-story condominium development has already sold over 50% of its 163 units. 

Homebuilder sentiment recently reached its third-lowest level since 2012. 

The project has sold about 60% of its 40 luxury condominiums, which are priced from $2 million to $4.9 million. 

The community’s 74 single-story villas come in two- and three-bedroom floor plans measuring between 1,300 to 1,450 square feet.

Existing-home sales declined, while housing inventory and days on market rose across Naple and Miami-Dade, Broward and Palm Beach counties.