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.

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

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

“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

A new northwest Houston master-planned community by Johnson Development Corp. will focus on sparking joy and eliciting positivity in its homeowners, according to a press release. Aptly named Jubilee, the 1,620-acre Hockley development will aim to improve its homeowners’

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

Johnson Development Corp. President Larry Johnson discusses everything from his childhood on a farm on the windy plains of the Texas Panhandle to his latest development, the 1,300-acre Harvest Green community in Richmond, Texas.

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.

Lakes at Creekside’s new single-family homes sit on 45-, 50- and 65-foot sites, with 60-foot sites to be revealed this fall.

Homes on the 45-foot sites are priced from the upper $200,000s and have 11 floor plans ranging from 1,678 to 2,592 square feet.

With several of its homesites pre-sold, Serenity at Meridiana has embarked on construction of its amenity center, model homes and initial move-in ready homes as the first 55-plus active-adult community along the Texas 288 corridor.

Monroe model offers exceptional design in community focused on lake life.

“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

The real estate investment and land asset-management company has identified 17 near-term development opportunities and is in advanced negotiations to develop build-to-rent communities with about 2,500 units across the country.

The seasonally adjusted estimate of new houses for sale at the end of May was 330,000, representing a supply of 5.1 months at the current sales rate, the U.S. Census Bureau and the Department of Housing and Urban Development reported.

Single-family housing starts were up 4.2% from April and 49.8% from May 2020, at 1,098,000, according to the U.S. Census Bureau and Department of Housing and Urban Development.