July BTIG Building Industry Report
July 26, 2018
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.
Highlights from the HomeSphere/BTIG Building Industry Report – July 2018
July’s survey has raised concerns about sales and traffic dipping in June versus expectation.
According to BTIG’s analysis, it appears that “builders are attempting to hold price to maintain margins at the expense of unit volume.” Consider some of the survey results:
- 23% of builders reported sales below June 2017 (versus only 7% reporting down sales YOY in May).
- 51% of builders surveyed had flat or down unit sales in June versus last year
- 54% saw flat or down traffic YOY (compared to just 40% who said so in May)
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:
