At the same time, completions of new single-family homes were on the rise last month, according to federal statistics. 

The community will include 10 homes ranging from 1,862 to 2,905 square feet with three to four bedrooms, up to three bathrooms and 2.5-car garages.

Johnson Development will offer 70- and 80-foot homesites in the next phase of development at Jubilee, a master-planned community in Hockley.

The 200-acre community includes 250 homesites, the largest of which are one acre. M/I will serve as the exclusive homebuilder.

Three builders will build 308 homes in the first phase of development: Drees Custom Homes, Perry Homes and Westin Homes.

The builder will offer eight floor plans with three to four bedrooms, two to 3.5 bathrooms and 2.5-car garages.

Plans for the new section, called Roots at Townsend Reserve, include an entry park, putting green, playground, walking and biking trails and street art.

The upside surprise came despite monthly and yearly declines in the pace of sales. 

Trophy Signature Homes, Green Brick’s homebuilding subsidiary, will open model homes this fall, showcasing design options for homebuyers.

The Joy Hub features an 11,000-square-foot pool with the Clear Comfort Hydroxyl-Based Advanced Oxidation Process, a treatment system that uses 50% fewer chemicals than typical chlorinated pools.

The single-family sector managed to eke out a slight monthly gain, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

The NAHB/Wells Fargo Housing Market Index slid a point to 32, reflecting ongoing negative sentiment in the homebuilding industry. 

The building features 209 apartments, 2,900 square feet of retail space and amenities including a fitness center, lounge, dog run and outdoor pool with cold plunge and hot tub.

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 builder will offer 12 floor plans for 50-, 60- and 70-foot lots. Designs range from 1,599 to over 3,200 square feet.

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