Friday 29 July 2016

Lawler: Homebuilder Summary Table for Q2 2016

CR Note: Housing economist Tom Lawler sent me these summary results for several large publicly-traded builders who have reported results for last quarter.

Lawler notes: CalAtlantic was formed with the merger of Standard Pacific and Ryland, completed in October 2015. The Q2/2015 statistics for CalAtlantic are pro forma statistics for Standard Pacific and Ryland combined. Also, while MDC Holdings has not yet released its “official” results for Q2/2016, it did release preliminary estimates of selected operations statistics for the quarter, which are shown above.

  Net Orders Settlements Average Closing
Price (000s)
Qtr. Ended: 616 6/15 % Chg 6/16 6/15 % Chg 6/16 6/15 % Chg
D.R.
Horton
11,714 10,398 12.7% 10,739 9,856 9.0% $290 290 0.2%
Pulte
Group
5,697 5,118 11.3% 4,772 3,744 27.5% $367 332 10.5%
NVR 4,324 3,796 13.9% 3,581 3,175 12.8% $379 384 -1.5%
Cal
Atlantic
3,921 3,954 -0.8% 3,484 3,119 11.7% $447 427 4.7%
Beazer
Homes
1,490 1,524 -2.2% 1,364 1,293 5.5% $330 318 4.0%
Meritage
Homes
2,073 1,986 4.4% 1,950 1,556 25.3% $408 380 7.4%
MDC
Holdings
1,647 1,481 11.2% 1,272 1,126 13.0% $448 410 9.3%
M/I
Homes
1,354 1,100 23.1% 1,042 919 13.4% $362 340 6.5%
SubTotal 32,220 29,357 9.8% 28,204 24,788 13.8% $354 $340 4.0%


from
http://feedproxy.google.com/~r/CalculatedRisk/~3/Pjkh7itHSbI/lawler-homebuilder-summary-table-for-q2.html

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