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KB Home has opened Highgrove at Fairview, a one and two-story home community in Hollister, California; community features homes constructed with roomy light-filled spaces, easy indoor/outdoor flow, and high energy and water efficiency

LGI Homes announced further expansion into the Raleigh-Durham, North Carolina market with opening of new community, Satterfield Farm; community offers single-family homes with up to five bedrooms ranging from 1,173 sq. ft. to 2,805 sq. ft.

Sales of new US single‐family houses in April at seasonally adjusted annual rate of 683,000, up 4.1% from revised March rate, up 11.8% year-over-year; median sales price was US$420,800, inventory at end of April was 433,000: Dept. of Commerce

Median US single-family home had an area of 2,261 sq. ft. in Q1 2023; on a one-year moving average basis, median size is up 7% from cycle lows to 2,262 sq. ft.: NAHB

KB Home launches Magnolia Creek in Tampa, featuring modern designs with up to six bedrooms and three baths, attractive amenities including a pool, walking paths, and no CDD fees, and personalized building options through the KB Home Design Studio

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