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Tracking Trends

Home Builders: Sales Cool Slightly, Still up Year-Over-Year

Home Builders: Sales Cool Slightly, Still Up Year-Over-Year December 17, 2020 In matching with other national housing reports, home builders indicated that new home sales cooled slightly in November according to the latest State of the Industry Report from BTIG. However, sales and customer traffic still exceeded year-over-year numbers, emphasizing the overall strength of the season.   Builders also reported continuing to raise prices, though at a lower…

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Industry Survey: No Winter Slowdown for Home Builders

Industry Survey: No Winter Slowdown for Home Builders November 18, 2020 Home builders aren’t feeling a winter slowdown according to our latest State of the Industry Report, compiled by the research firm BTIG.   Seventy-three builders in all responded to our monthly survey, indicating their community sales, traffic and pricing power were anti-seasonally strong in October. Traffic came in at pre-pandemic levels while builders continued to raise prices.    Meanwhile, building material…

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Survey: Builder Traffic Back to Pre-COVID Highs, Demand Still Stable

Survey: Builder Traffic Back to Pre-COVID Highs, Demand Still Stable October 20, 2020 Our latest State of the Industry Report, compiled by the research firm BTIG, indicates that sales centers are returning to near-normal operations for most of our builder respondents.   With 90 respondents in total for this report, 67 percent noted year-over-year increases in customer traffic in September compared to 58 percent for August. In fact,…

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