Homebuilders drive into peak season

Julie C. Nichols General

HousingWire – Brena Swanson

Homebuilders are driving into their peak season, with more than 75% of annual homebuilder returns historically generated in the November-to-January timefame, Keefe, Bruyette & Woods noted in its latest report. The main factor behind the uptick in growth is building excitement in advance of the upcoming spring-selling season, where approximately 38% of new home sales are placed.

"The spring selling season is significant as its strength can drive volume and margin performance for the year based on momentum, pricing, and inventory build," the firm said. Top homebuilders tend to surpass the market by 1.2% in November, 6.4% in December and 6.9% in January.

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