February BTIG/HomeSphere Building Industry Report
February 26, 2019
In this month’s report, we find that sales are sluggish but there was a modest improvement in traffic. The report also includes other sales and cost trend data.
Highlights from the HomeSphere/BTIG Building Industry Report – February 2019
- In January, 29% of respondents reported year-over-year increases in orders vs 28% last month and 52% in January 2018.
- 21% of builders reported that sales were better than expected vs 30% reporting worse than expected sales.
- 26% of builders increased some or all sales incentives in January, down from 41% in December but well above 4% seen in January 2018.
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 2,500 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: