This is the Acadiana Business e-mail newsletter from The Acadiana Advocate.
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The Advocate
Tuesday, July 11th, 2023
 
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Cost of a newly built home rose again; Chick-fil-A to close for 3 months

by Adam Daigle | Acadiana business editor​ ​ ​

Good morning, Acadiana business news readers. It's business news time.

In yet another sign of the rising cost of real estate, the average sale price for a newly built home in Lafayette Parish last month bumped up to the highest amount in over a year.

The 95 new builds sold last month went for an average price of $347,446, the highest monthly average sale price in at the last 12 months, according to data from Bill Bacque with Market Scope Consulting.

It put the average sale price so far through the first half of this year at $330,088, an 8% bump on the average reported 12 months ago and 25% bump over the average sale price reported at the end of 2018, data shows.

Check out the full story here.

Have a great day and thanks for reading. 

 
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Chick-fil-A to close Louisiana Avenue location this week for renovation; Here's what we know

The Chick-fil-A on Louisiana Avenue will close Thursday and remain closed for three months for renovations, a company official said Monday. Read more

Monique Boulet to leave APC to run for Lafayette mayor-president

Monique Boulet, CEO of the Acadiana Planning Commission, is resigning to focus on her campaign for Lafayette mayor-president. Read more

12 restaurants where Baton Rouge and Acadiana chefs go when they need pampering

We asked nine Baton Rouge and Acadiana-area chefs/restaurateurs to pick their favorite spots to get pampered.  Read more

 
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