October BTIG/HomeSphere Building Industry Report
October 19, 2018
HomeSphere builders saw more signs of a slowing housing market in September with lower absorption rates and more builders resorting to incentives.
Highlights from the HomeSphere/BTIG Building Industry Report – October 2018
- 32% of respondents had worse-than-planned sales in September
- 33% of builders reported positive year over year sales growth per community in September; 22% reported declines in reported sales
- 12% of builders reported lowering some or all of their base prices
HomeSphere/BTIG Builder Industry Report
HomeSphere has partnered with BTIG to create a monthly report to provide our builders and manufacturers with exclusive and timely insights about the market.
To compile the report, we surveyed HomeSphere’s 2,400 regional and local home builders about sales, traffic, pricing, labor costs, and other key industry metrics.
How to get the monthly report
If you are a builder and would like to participate and receive the monthly report for free, request an invitation below: