Tracking Trends
January Builder Sentiment Turns More Positive
The January 2026 HomeSphere/BTIG State of the Industry Survey, based on small- and mid-sized builders nationwide, shows a meaningful improvement in demand trends compared to December.
Read MoreSales and Traffic Weaken as Pricing and Incentives Remain Stable
Builders reported weaker sales and traffic trends in December compared with November, while pricing and incentives remained largely unchanged.
Read MoreNovember Home Builder Survey: Momentum Softens
Builder Sentiment Pulls Back in November
Read MoreMay Builder Trends: Sales, Traffic, and Market Sentiment Improve
May brought improved sentiment and performance for builders, with momentum building as we head into the summer months.
Read MoreBuilder Sentiment Softens Amid Rising Incentives and Tariff Concerns
BTIG’s April State of the Industry report highlights mixed builder sentiment, with steady sales trends but rising concerns around buyer traffic, incentives, and the impact of newly implemented tariffs.
Read MoreBuilder Sentiment Improves Slightly, but Uncertainty and Incentives Rise Ahead of Tariffs
In BTIG’s State of the Industry report, released ahead of the Liberation Day tariff announcement, builder sentiment showed modest improvement with mixed signals across sales, traffic, and pricing trends.
Read MoreFebruary Home Building Trends Decline as Buyer Uncertainty Grows
Homebuilder sentiment weakened in February as year-over-year sales and traffic trends declined. Fewer builders reported positive sales, while more saw declines, and traffic expectations worsened.
Read MoreBuilder Sentiment Improves as Traffic Increases, but Conversion Rates Remain Low
Builders saw improved year-over-year sales and traffic trends in January, with fewer reporting declines compared to December.
Read MoreDecember Housing Market: Positive Surprises Amid Seasonal Challenges
December’s housing market showed stable sales trends and positive surprises in traffic and performance, despite challenges from higher interest rates and seasonal slowdowns.
Read MoreMixed Post-Election Trends: Builders See Modest Sales Shifts Amid High Rates and Sticky Prices
According to the monthly HomeSphere/BTIG survey, fewer builders reported positive year-over-year sales trends, compared to October results.
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