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. 

Coastal-inspired architectural elements at Carrol Crest include metal roofs, front porches, patios and rear-access garages.

Offerings in the community include one- and two-story floor plans with four to six bedrooms, 4.5 to six bathrooms and three- or four-car garages.

Mattamy Homes opened two staged model homes at The Bridges at Preston Crossings, a resort-style community located within The Bridges Golf Club in Gunter.

KB’s new corporate home base in Maricopa County, located at the Hayden Ferry Lakeside business park, will preside over the company’s operations in 49 markets across the country.

Builders American Legend Homes, Bloomfield Homes, Highland Homes, Perry Homes and Westfield Homes will offer homes priced from the low $400,000s to the $600,000s.

For the first phase of development, the developer will deliver a mix of 45- to 70-foot lots to builders.

The 2026 National Housing Supply Summit was held in Washington, D.C., on March 18.

Pending sales increased from 2,228 in January to 2,303 in February. Pending sales increased statewide as well.

The builder is offering eight floor plans at Lone Oak, with three to five bedrooms and two to three bedrooms.

Floor plans range from 1,602 to 2,733 square feet with three to five bedrooms, two to 2.5 bathrooms and attached two-car garages.