Somerset is located just south of the Gilbert Arizona Temple of The Church of Jesus Christ of Latter-day Saints.

At the same time, completions of new single-family homes were on the rise last month, according to federal statistics. 

Villas II is the final opportunity to buy a home at Seven Desert Mountain.

The builder is offering floor plans ranging from 1,880 to 2,712 square feet, with three to four bedrooms.

The upside surprise came despite monthly and yearly declines in the pace of sales. 

David Weekley Homes will offer one-story homes at Regent Hills, a gated community within the Verrado master-planned community in Buckeye.

The single-family sector managed to eke out a slight monthly gain, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

The NAHB/Wells Fargo Housing Market Index slid a point to 32, reflecting ongoing negative sentiment in the homebuilding industry. 

Seven other builders are slated to open models in Floreo throughout the next several months: Brightland Homes, Cortland Communities, KB Home, Lennar, Meritage Homes and New Home Co.

Builders will break ground in September.

Toll Brothers will construct Toll Brothers at Storyrock, a gated neighborhood within Scottsdale’s Storyrock master-planned community.

Located at 25255 North 19th Ave., the community includes 456 apartments with one-, two- and three-bedroom floor plans.

The inventory of new homes for sale surged year over year, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.    

The builder will offer four floor plans ranging from 3,124 to 3,692 square feet with guest casitas, covered patios and cabanas.

New single-family home construction declined as builders continue to grapple with macroeconomic headwinds. 

Scottsdale-based Sunbelt Holdings and Mosaic are collaborating on development, while Boston-based private equity firm Rockpoint is providing financing.