A few comments and a table from economist Tom Lawler:
D.R. Horton and Beazer Homes released their operating results for the quarter ended September 30th today. Here is a table showing some summary stats for nine large publicly-traded home builders. The net orders and settlements figures include results from 'discontinued operations.'
The combined order backlog of the builders on September 30th, 2012 was 30,461, up 44.6% from last September.
CR Note: I broke Tom's table into two sections - the first for orders and settlements, and the second for prices.
This increase in net orders was about the same as last quarter (year-over-year), and the backlog is continuing to increase.
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