New Construction News
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Belle Meadows comprises 33 single-family homes priced from the low $400,000s.
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The 716,000 per-year rate of new-home sales topped the consensus estimate of 700,000.
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The Fielder will bring 288 affordable apartments to the community.
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The master-planned community has 1,450 homesites, with homes priced from the mid-$200,000s.
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July’s seasonally adjusted annual rate of 739,000 represented a 10.6% jump from June’s upwardly revised rate of 668,000.
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New-home construction jumped 5.7% month over month after a soft March, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
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With 2,694 build-to-rent units completed in 2023, Dallas is the No. 2 metro in the nation for this type of new construction.
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Coventry Homes recently unveiled a new model home in Solterra Texas, a master-planned community in the Dallas County city of Mesquite.
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Landsea Homes is strengthening its Dallas presence with the acquisition of Dallas-Fort Worth-based builder Antares Homes.
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Declining interest rates spurred the increase.
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Curve Development broke ground on Cyrene at Painted Tree, a 302-unit collection of single-family rentals in the Painted Tree master-planned community in McKinney.
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Nationwide homebuilder Toll Brothers will develop Oakbridge Crossing, a luxury home community in Flower Mound.
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Presidium received approval from the city of McKinney to revamp a North Dallas cotton mill, originally constructed in 1910, for mixed-use development.
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Southgate Homes recently unveiled a lineup of new floor plans that it will offer in two Dallas-area communities.
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Freshly relocated from the Seattle area, a family of four is now living in a mid-century modern home in Corinth. But not just in any home — it’s the prototype for a whole community of steel-framed houses built from recycled cars.
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Chicago-based homebuilder Williams Ryan Homes will open models in four Dallas-area communities: West Crossing in Anna, Creekside in Royse City, Preserve at Pecan Creek in Denton and Devonshire in Forney.