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.

Amenity offerings include a pickleball court, playground, dog park, walking paths and green spaces, as well as direct access to the Cross Kirkland Corridor Trail.

Despite a monthly decline, the rate of new-home construction still came in above consensus estimates. 

High Street Residential will construct a multifamily housing community at 1200 116th Ave. NE in Bellevue.

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.

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

The new floor plans — Curlew and Grayland — include unique design features like a covered patio and fenced backyard.

The development will bring studio, one-, two- and three-bedroom apartments for households earning between $60,000 and $100,000 annually.

Affordable units — defined by RentCafe as those where rent doesn’t exceed 30% of the area median income — now make up nearly one in four new apartments in Seattle.

Affordability challenges continue to bedevil homebuyers, despite mortgage rates falling to a three-year low, the National Association of Home Builders reported. 

The pace of new-home sales hit an annual rate of 800,000, its highest level since January 2022. 

LGI Homes celebrated the grand opening of Shelm Meadows, a new-home community located southeast of Olympia in Yelm.

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

The metro will add 11,196 units by the end of the year — and construction is only set to increase in 2026 as zoning changes related to House Bill 1110 create more opportunities for development.