M/I Homes is starting on three new projects in the Lake Norman area, including Laurelbrook in Sherrills Ford.

MOORESVILLE, N.C. — More than 200 new homes are set to be built in the Lake Norman area following unanimous approval from commissioners, according to the Charlotte Observer.

In total, 105 real estate sales were registered in the area during the past week in the week of June 11, with an average price of $705,438. The average price per square foot ended up at $265.