New Construction

13th Floor breaks ground on highly anticipated East Fort Lauderdale luxury enclave 

Marina Landings will bring 34 homes priced from the low $1 millions to the supply constrained market. 

New-home sales jump in September despite interest rates 

The median price of a new home sold during the month fell to $418,800 from $433,100 in August, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported. 

Housing starts rebound in September after August dip 

Specifically, single-family homes were built at a seasonally adjusted annual rate of 963,000, up 3.2% from 933,000 in August and up 8.6% from 887,000 a year earlier, according to government figures. 

Housing starts rebound in July after June slump 

Single-family home permits and completions, meanwhile, also rose, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

Residential building boom hits North Miami and Aventura

A surge of residential and other developments in North Miami and neighboring Aventura are reshaping the South Florida landscape. 

New-home sales surge in May 

Demand for newly built homes has remained strong as high interest rates keep many would-be sellers of existing homes off the market. 

Single-family home starts jump in May 

The larger-than-expected increase comes as homebuilder sentiment rose for the sixth month in a row. 

New-home sales rise for fifth month in a row 

A shortage of existing inventory continues to drive buyers to new construction. 

Single-family starts rise in April 

Single-family permits also posted a gain, indicating even more new homes are headed to today’s supply-constrained housing market. 

Builder confidence rebounds in May on tight existing inventory 

Homebuilder optimism was buoyed by continued shortages of new housing inventory, the National Association of Home Builders reported. 

March brings rise in single-family construction 

U.S. government data shows builders increased the pace of single-family home construction while slowing the pace of multifamily starts. 

NAHB: Builder confidence rose again in April 

The National Association of Home Builders/Wells Fargo Housing Market Index rose for the fourth month in a row in April as the construction industry remained “cautiously optimistic.”     

New-home sales rise 1.1% in February as median-sales price surges 

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

Housing starts post major gains in February 

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

Builder confidence rises again in March 

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.    

New-home sales rise in December 

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

New Subscribe

  • This field is for validation purposes and should be left unchanged.