Tracking Trends

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…

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,…

Lumber Adding to Increased Costs as New Home Demand Remains Stable September 17, 2020 Our latest State of the Industry Report, compiled by BTIG, continues to show that rising lumber prices are driving up costs for home builders, leading to more builders raising prices to offset the costs. So far, the move has not resulted in a negative impact on sales as demand…