Monday, March 23, 2015

Lawler: Net Home Orders for Three Large Builders in Latest Quarter

by Bill McBride on 3/23/2015 04:52:00 PM

From housing economist Tom Lawler:

Below is a table showing net home orders for the quarter ended February 28 of 2015 compared to the comparable quarter of the previous two years.

At least for these three builders, the beginning of this year’s “spring” (a misnomer) home selling season looks materially better than last year’s disappointing season.

Net Home Orders, Quarter Ending February 28YOY % Change
  20152014201320152014
Lennar Corp.5,2874,4654,05518.4%10.1%
KB Home2,1891,7651,67124.0%5.6%
Hovnanian Ent.1,5141,4021,5818.0%-11.3%
Total8,9907,6327,30717.8%4.4%