Zuri Gardens is a collaboration between the City of Houston and local home building companies Cole Klein Builders and HiveASMBLD. When complete, it will offer 80 energy-efficient homes at an attainable price.
Single-family building permits fell for the sixth straight month in June, declining by over 5% year-over-year. Meanwhile, the multifamily sector continues to see growth.
From lakefront retreats to urban townhomes, these designs highlight innovative outdoor features such as decks, patios, and rooftop terraces tailored for entertainment, relaxation, and maximizing space amidst site constraints.
Both buyers and sellers are stepping away from the market. Homes spent an average of 43 days on the market before selling in July, but the share of active listings also hit a new low as sellers take a step back.
Wages in the residential construction sector remain competitive, but growth is slowing. In June, hourly wages for residential building workers grew by 3.5%, compared with over 9% the year prior
