Homebuilders open three developments in June
Home Builders Research said Las Vegas-area builders opened three new developments in June, adding 133 lots. Lennar, Sekisui House US (under Richmond American Homes) and Toll Brothers (under Storybook Homes) launched new communities. D.R. Horton led with 108 net sales. June closings were 664, down 12% y/y, with median prices at $525,000. Land deals included Century Communities and The Howard Hughes Company.




