Housing and Building Products
Housing and Building Products Builders
Four builders, two sizes
D.R. Horton $34.3B and Lennar $34.2B are the volume names. PulteGroup $17.3B and NVR $10.3B are the smaller public prints. Homebuilding is 92% of Horton, 94% of Lennar, and 98% of Pulte.
Closings, deliveries, settlements
Horton closed 84,863 homes. Lennar delivered 82,583 including unconsolidated entities. Pulte closed 29,572. NVR settled 21,915. These are not the same statistic.
Year-end backlog
Lennar 13,936 homes / $5.2B. Horton 10,785 / $4.1B. Pulte 8,495 / $5.3B. NVR 8,448 / $4.0B. Year-ends differ, so this is not a same-day snapshot.
Average closing price
Pulte $566,000. NVR $460,600. Lennar $391,000 excluding unconsolidated deliveries. Horton $370,400. Mix and incentives, not a quality ranking.
