Lawler: Large Home Builder Results, Q2/2015

From housing economist Tom Lawler: Below is a table showing some selected operating statistics for nine large, publicly-traded home builders for the quarter ended June 30, 2015. As the table indicates, reported net home orders for these nine home builders in the quarter ended June 30, 2015 were up 13.7% from the comparable quarter of 2014. There are a few things worth noting. First, while Standard Pacific's reported net home orders for the latest quarter exclude orders associated with the acquisition of a small Austin builder last June, both Horton's orders and Meritage's orders include......(read more)

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