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Beazer Homes USA Inc. Message Board

  • smythwrd smythwrd Oct 15, 2012 12:14 PM Flag

    Construction to grow by at least 20% a year for each of the next two years

    "We think the recovery is for real this time around," said Rick Palacios, senior analyst with John Burns Real Estate Consulting. "If you look across the U.S. economy right now, there are only a handful of industries looking at 20-30% growth over the next 4-5 years, and housing is one of those."

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    • With demand for new homes expected to increase, homebuilders will need to change their inventory management activities. Inventories of new homes available for sale are at their lowest level in the nearly 40 years that data have been available. BZH

    • With demand for new homes expected to increase, homebuilders will need to change their inventory management activities. Inventories of new homes available for sale are at their lowest level in the nearly 40 years that data have been available. BZH

    • Construction is expected to be even stronger, with numerous experts forecasting home construction to grow by at least 20% a year for each of the next two years. Some believe building could be back near the pre-bubble average of about 1.5 million new homes a year by 2016, about double the 750,000 homes expected this year.

 
BZH
18.61-0.30(-1.59%)Sep 19 4:04 PMEDT

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