New Construction

Grand Central Park begins sales on 147 new homesites

The Conroe master-planned community of Grand Central Park has begun sales on 147 new homesites in two different neighborhoods.

December new-home sales jump 8%

Declining interest rates spurred the increase. 

New-home sales jump in September despite interest rates 

The median price of a new home sold during the month fell to $418,800 from $433,100 in August, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported. 

Housing starts rebound in September after August dip 

Specifically, single-family homes were built at a seasonally adjusted annual rate of 963,000, up 3.2% from 933,000 in August and up 8.6% from 887,000 a year earlier, according to government figures. 

Housing starts rebound in July after June slump 

Single-family home permits and completions, meanwhile, also rose, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

New-home sales surge in May 

Demand for newly built homes has remained strong as high interest rates keep many would-be sellers of existing homes off the market. 

Single-family home starts jump in May 

The larger-than-expected increase comes as homebuilder sentiment rose for the sixth month in a row. 

Construction begins at new Johnson Development community, Jubilee

Construction is underway at Jubilee, a new master-planned community from Johnson Development.

Kids R Kids preschool coming to Bridgeland

Howard Hughes Corporation announced that early childhood education provider Kids R Kids will open a preschool at its Bridgeland master-planned community.

New-home sales rise for fifth month in a row 

A shortage of existing inventory continues to drive buyers to new construction. 

Single-family starts rise in April 

Single-family permits also posted a gain, indicating even more new homes are headed to today’s supply-constrained housing market. 

Builder confidence rebounds in May on tight existing inventory 

Homebuilder optimism was buoyed by continued shortages of new housing inventory, the National Association of Home Builders reported. 

Partner Content
Apartment construction dwindling in Houston

According to Berkadia’s Houston Construction Pipeline report, the number of planned units citywide is down by almost 22,000 from the fourth quarter of 2022.

Coventry Homes extends savings promotion

Coventry Homes extended its “Ultimate Savings Event” through May, according to a news release. The promotion was originally set to end in April.

Ashton Woods presents homes in StoneCreek Estates

Ashton Woods Homes will hold a grand opening event for their homes in StoneCreek Estates on May 11.

Newmark adds homesites in Elyson, expanding Houston-area presence

Prominent Houston builder Newmark Homes has gained homesites in Elyson, a master-planned community in Katy.

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