The supply of new homes for sale ticked lower from February, according to government figures.

A shortage of existing-home inventory is driving more people to the market for newly built homes. 

Homebuilders expressed “cautious optimism” that the lack of existing inventory would drive demand for new homes despite high construction costs and interest rates, the National Association of Home Builders reported.    

What if neighborhoods were built for humans rather than cars, capital or corporations? That’s the question posed by Meristem Communities, the developer behind a new community coming to Fort Bend County.

In its 43-year history, the GHBA Benefit Homes Project has raised over $13 million via the construction and sale of homes.

Located at 1617 Enid St. in Houston, Alta Sunset Heights will contain 378 luxury units upon completion.

The median sales price of a new home was down on a monthly basis but up on an annual one. 

The increase in builder confidence breaks a string of 12 straight monthly declines in the NAHB/Wells Fargo Housing Market Index. 

Builders have plans to add over 75,000 apartments to the greater Houston area, according to Berkadia’s most recent Construction Pipeline Report.

Which cities will be the best for finding new apartments in 2023? According to RentCafe, the answers are in Texas.

For more than 10 years, Lifestory Research has released its highly anticipated study: America’s Most Trusted®. And the 2023 results are in.

The move comes despite a slowdown in the single-family rental market. 

A wave of homebuilding is expected to start up in 2024 and run through the end of the decade, according to the NAHB.

New-home permits fell 11.2% month over month, while housing completions jumped 10.8% in what one observer said could have “worrisome” long-term consequences for the nation’s housing supply. 

The pace of new single-family home sales, meanwhile, fell 6.1% from September to 598,000. 

The number of homes under construction rose during the month, as homebuilders continued to work through a large backlog of homes.