November BTIG/HomeSphere Building Industry Report
November 27, 2018
The latest insights from HomeSphere’s community of builders suggest that incentives and price cuts are on the rise, but the value of those incentives and cuts remain marginal.
Highlights from the HomeSphere/BTIG Building Industry Report – November 2018
- Approximately 60% of surveyed builders raised sales incentives or cut base prices this year
- 80% of price reductions have been less than 4% of the selling price
- Only 26% of builders reported that sales were better than internal expectations
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: