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February 2018 Building Industry Report

February 21, 2018

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HomeSphere has partnered with BTIG to produce a monthly home building industry report covering sales, traffic, pricing, labor costs, and other key housing industry metrics.

The HomeSphere community shares their insight and expertise every month to create a unique look into the U.S. housing industry from the perspective of the local and regional home builder.

Highlights from HomeSphere/BTIG building industry report - February 2018

 

  • 40% of builders surveyed reported that sales were better than internal expectations.
  • 61% of builders reported higher traffic levels per community than last month.
  • 59% reported higher subcontractor labor costs, with 72% reporting rising materials costs.

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