Tracking Trends

April Sales and Traffic Down While Input Costs Continue to Flatten

April Sales and Traffic Down While Input Costs Continue to Flatten May 21, 2020 Pandemic concerns and shelter-in-place restrictions significantly impacted home builder sales and traffic in April, according to the latest monthly survey conducted by BTIG in partnership with HomeSphere. At the same time, however, input costs continued to flatten rapidly.   In fact, it was another survey low for…

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Builders Report Low Increases in Labor and Land Costs in March

Builders Report Low Increases in Labor and Land Costs in March April 28, 2020 While sales and traffic were undoubtedly impacted in March, we also saw a survey low for input cost increases according to the latest Builder Intelligence Report, compiled by BTIG in partnership with HomeSphere.  In fact, responses for month-over-month increases in both labor and land costs…

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Cancellation Rates Are Looking Better for Home Builders Mid-April

Cancellation Rates Are Looking Better for Home Builders Mid-April April 23, 2020 HomeSphere is partnering with BTIG to keep our partners current on home building business trends as they relate to COVID-19’s impact on the economy and our industry. This week’s survey represents mid-sized, private regional builders from 27 states.   Our latest flash survey, compiled from April 17 to 20, indicates builders are continuing to see…

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Majority of Home Builders Report Slower Sales in Mid-April

Majority of Home Builders Report Slower Sales in Mid-April April 15, 2020 HomeSphere is partnering with BTIG to keep our partners current on home building business trends as they relate to COVID-19’s impact on the economy and our industry. This week’s survey represents mid-sized, private regional builders from 27 states.   Our latest flash survey, compiled from April 10 to 13, showed business conditions remain…

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Home Builders See Higher Cancellation Rates in Early April

Home Builders See Higher Cancellation Rates in Early April April 8, 2020 HomeSphere is partnering with BTIG to keep our partners current on home building business trends as they relate to COVID-19’s impact on the economy and our industry.   Our latest flash survey, compiled from April 3 to 6, indicates home builders are starting to see more cancellations — though it should be noted the…

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Home Builders Report Slower Sales at the End of March

Home Builders Report Slower Sales at the End of March April 1, 2020 HomeSphere is partnering with BTIG to keep our partners current on home building business trends as they relate to COVID-19’s impact on the economy and our industry.   In our latest flash survey, compiled from March 27 to 30, the majority of builders reported that they’re experiencing slower-than-normal…

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