Selected Operating Statistics, Large Publicly-Traded Home Builders

From housing economist Tom Lawler: Below is a table showing selected operating statistics for eight large, publicly-traded builders for the quarter ended June 30th. Sales per active community for these builders as a whole last quarter were up 4.9% from a year earlier, while the order backlog for this builder group as of the end of June was up 5.1% from last June. The relative modest year-over-year gains in average prices was in many cases a "mix" issue, with several builders focusing a bit more on first-time buyers. For D.R. Horton, "Express" Homes, its "entry"-level product, represented 36%......(read more)

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