New Construction News

Builder debuts new series of duet homes in Sienna

Beazer Homes has launched pre-sales for its new Duets series of homes in Sienna’s Forest Landing neighborhood. 

Luxury builders open four new model homes in Sienna

Four builders have opened model homes priced above or near $1 million in Sienna, comprising the Missouri City community’s new Luxury Collection.

NAHB: Builder confidence continues to rise in November despite supply issues

November’s reading of 83 was up three points from October, driven by low existing inventories and strong buyer demand, the National Association of Home Builders reported, citing the latest NAHB/Wells Fargo Housing Market Index.

Supply chain woes hamper housing starts in October

Housing observers noted that demand for housing remains robust despite the lack of new supply.

Construction to begin on Bridgeland park, amenity space

The Howard Hughes Corp. will break ground this month on a new park and amenity space in its master-planned community, Bridgeland.  The 4.5-acre Longwing Landing park will be located adjacent to a 40-acre lake poised to become the centerpiece

New-home sales rebound in September as prices hit new record

“There simply aren’t enough homes for sale relative to the demand fueled by millennials armed with low mortgage rate-driven house-buying power.” — First American Deputy Chief Economist Odeta Kushi

New-home construction cools in September

The decrease was driven by a 5.1% month-over-month slide in the rate of multifamily starts, while single-family construction was flat.

New-home sales rise in August

The seasonally adjusted estimate of new houses for sale at the end of July was 378,000, representing a supply of 6.1 months at the current sales rate.

M/I Homes doubles presence in Houston
M/I Homes to double presence in Houston area

With plans to begin sales in six new communities, M/I Homes is set to double its current footprint in the greater Houston area over the next 18 months.

New-home construction falls in July

“The bright spot in an otherwise underwhelming report comes from the increase in the overall number of permits issued, which can signal how much home construction is in the pipeline.” — First American deputy chief economist Odeta Kushi

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