New Construction
Floor plans for Toll Brothers at Horizon Lakes will range from 2,900 to over 4,900 square feet, with pricing starting in the low-$600,000s.
Homes built in 2020 or later cost 10% to 15% less to insure per square foot than homes built between 1980 and 2010.
New-home sales decreased from 2,095 in June to 1,963 in July. Sales were also down annually, from 2,141 in July 2025.
Lindhorst joined Mattamy as COO in February after working at D.R. Horton for the previous 16 years.
New builds are about the same price as existing homes on the market, but that is not due to rising regulatory costs builders have to pay.
The seasonally adjusted annual rate of 628,000 homes topped Wall Street’s estimates.
LGI Homes officially opened Blue Ridge Crossing, its new-home community in the north Dallas town of Blue Ridge.
“While the improvement in days on market last month is encouraging, the decline in pending sales is also consistent with seasonality,” HomesUSA CEO Ben Caballero explained.
Offerings include both single- and double-wide layouts with up to three bedrooms and interiors equipped with ENERGY STAR appliances.
Houston-based First America Homes expanded into the Dallas-Fort Worth market with the acquisition of 81 homesites at the Leonard Trails community in Anna.
Trophy Signature Homes will build a new home community called Nicholson Ranch in Lavon.
The median sales price of new homes sold in April rose 8% to $422,500 from $391,100 in March, the U.S. Census Bureau and the Department of Housing and Urban Development reported.
New-home sales increased month over month in April, bouncing back from a sluggish start to the spring homebuying season in March.
Despite a monthly decline, the rate of new-home construction still came in above consensus estimates.
Among the top 50 metro areas, Boston and Miami led the pack.
Builder confidence saw a modest bump in May, but affordability challenges continue to weigh heavily on the housing market, according to new survey from the National Association of Home Builders.
