by Calculated Risk on 3/23/2015 04:52:00 PM
Monday, March 23, 2015
Lawler: Net Home Orders for Three Large Builders in Latest Quarter
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 28 | YOY % Change | ||||
---|---|---|---|---|---|
2015 | 2014 | 2013 | 2015 | 2014 | |
Lennar Corp. | 5,287 | 4,465 | 4,055 | 18.4% | 10.1% |
KB Home | 2,189 | 1,765 | 1,671 | 24.0% | 5.6% |
Hovnanian Ent. | 1,514 | 1,402 | 1,581 | 8.0% | -11.3% |
Total | 8,990 | 7,632 | 7,307 | 17.8% | 4.4% |