The median price of a new home sold during the month was also up, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

The development is the first stand-alone Ritz-Carlton condominium community in Texas. 

Multifamily starts, meanwhile, declined, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said.    

The wellness-focused community’s second phase comprises almost 300 lots. 

The 716,000 per-year rate of new-home sales topped the consensus estimate of 700,000. 

The 67-single-family-home community is located on 10 acres in Montgomery. 

The second phase of the 1,500-acre community in Mont Belvieu will add 311 homes to the Houston exurb.

The charity home in the Elyson by Newland community was developed by Chesmar Homes and Brookfield Properties. 

July’s seasonally adjusted annual rate of 739,000 represented a 10.6% jump from June’s upwardly revised rate of 668,000. 

To commemorate the opening, a ribbon-cutting ceremony was held with Housing Authority President and CEO David Northern Sr. and other elected officials. 

The builder will offer both one- and two-story floor plans ranging from 1,785 to over 3,000 square feet. Prices start from the $380,000s.

Model homes are open and sales are underway at The Trails, a new-home community situated along the Grand Parkway at Plum Grove Road.

Coventry Homes will offer affordably priced homes in Westridge Cove, a new-home community by Tri Pointe Homes in Conroe.

The project was financed through First Continental’s new master-planned community fund and represents the ninth collaboration with Johnson Development Services.

Houston multifamily developer Vero Sade announced plans for a 310-unit project within an Opportunity Zone in Rosenberg.

Tricoast Homes broke ground on its first proprietary community, Summer Place, a 67-home community in Montgomery.