The campaign, which Realtor.com launched at SXSW in 2025, aims to encourage officials to take advantage of the 21st Century ROAD to Housing Act to streamline the homebuilding process. 

The reports show higher mortgage rates taking a larger share of household income while applications for new-home purchases are falling.

Homes built in 2020 or later cost 10% to 15% less to insure per square foot than homes built between 1980 and 2010.

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. 

NexMetro will develop its 25th build-to-rent community in the Phoenix area with Avilla Foothills, a 108-home community in Surprise.

Oakwood Homes will deliver 100 homes at the Moonlight master-planned community in Maricopa.

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.

The $6.37 million deal was finalized on May 18.

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. 

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.

Toll Brothers opened model homes at the Sereno Canyon master-planned community in Scottsdale, showcasing its new Enclave Collection.

Toll Brothers will build a luxury condominium at Cavasson, a 1.8 million-square-foot mixed-use development in North Scottsdale.