New-Construction Projects

Housing Markets

June Housing Market Snapshot: Home Sales Drop Year-Over-Year While Inventory Keeps Rising

Texas and Florida have seen the strongest growth in inventory

For Exterior Walls, Stucco Still Rules

Stucco ranks as the most popular exterior wall material on new single-family homes, while fewer home builders are using wood and stone as the primary material

Exposed slab foundation with framed portion of home in background

New-Construction Projects

More Houses Are Being Built on Slab Foundations

Slab foundations are growing in popularity due to their cost-effectiveness

New-Construction Projects

New Homes Are Now Cheaper per Square Foot

Existing homes are still more affordable than new homes overall by $54,000, but the gap between the two is shrinking

Market Data + Trends

While Lot Sizes Continue to Shrink, Data Show Their Value Is Growing

The median lot value for single-family spec homes increased to $58,000 in 2023

Market Data + Trends

Buyer Expectations Aren’t Aligned With Actual Home Prices

38% of buyers expect to pay less than $250,000 for a home, but just 5% of home starts in 2023 were priced below this figure

roofline of neighborhood with bubbles showing different home prices floating in the sky above

Planning + Development

First Geothermal Neighborhood in US Launches in Massachusetts

If more communities adopt the geothermal system, it could significantly reduce building emissions across the US

Cutaway view of a home's geothermal system

Government + Policy

The Missing Middle: How Recent Policies Aim to Create Housing for the Average American

The need for workforce and middle-income housing is growing due to affordability challenges, and many local and state governments are creating programs to help expedite construction

Home price increases represented by stack of coins increasing in value from left to right while man holds model house in background

Market Data + Trends

Single-Story New-Home Construction Increases Year-Over-Year

Single-story homes appear to be a popular choice in the Midwest and South, while homes with two or more stories are still preferred in other US regions

Single-Family Homes

New Single-Family Starts Down 7% Year-Over-Year

In 2023, six out of nine US Census-designated regions recorded a decrease in single-family construction

An upward view of a single-family home under construction

Housing Markets

32 Housing Markets That Are Back to Pre-Pandemic Inventory Levels

Most of the markets seeing high inventory levels are in southern states, such as Texas and Florida

A home under construction sits at the corner of a suburban street

Single-Family Homes

Century Communities-Led Partnership Surprises Family in Need With Custom-Built Home in Houston

The 2,000-square-foot home is fully accessible, with widened doorways, ramps, and more

Ellenbeck family, along with homebuilding team, cutting a ribbon in front of newly built home

Innovation

Could 3D Printing Provide Homes That Cost Under $99,000 to Build?

A design competition in Austin seeks to find out

3D printer at work on walls of a single-family home

Market Data + Trends

Mortgage Rates Stay High, Builder Confidence Remains Low

As confidence in the housing market declines, more builders are turning to sales incentives to entice homebuyers

June Housing Market Snapshot: Home Sales Drop Year-Over-Year While Inventory Keeps Rising

For Exterior Walls, Stucco Still Rules

More Houses Are Being Built on Slab Foundations

New Homes Are Now Cheaper per Square Foot

What Impact Does Immigration Have on Housing?

US Home Price Growth Soars to New Highs

These States Have the Highest Share of Assumable Mortgages