December BTIG/HomeSphere Building Industry Report
December 20, 2018
The story from December’s BTIG/HomeSphere Building Industry Report is that entry-level housing is still going strong, but the rest of the market is starting to take a hit. Materials costs are starting to stabilize or come down for most builders.
Highlights from the HomeSphere/BTIG Building Industry Report – December 2018
- 49% of HomeSphere builders reported lower sales per community year-over-year
- The exception to the downward sales trend is entry-level housing: Builders with at least 40% entry level exposure or more accounted for 70% of builders who saw higher-than-expected sales
- 25% of HomeSphere builders reported lower materials costs month-over-month, and an additional 53% of builders reported that costs remained about the same
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: