Builder inventory-to-backlog ratios flag spec risk pre-Q3 earnings
Inventory to backlog ranges from 0.44x at NVR to 3.09x at Century, with margin pressure risk into Q4
Source: https://www.housingwire.com/articles/builder-inventory-backlog-ratios/
Inventory to backlog ranges from 0.44x at NVR to 3.09x at Century, with margin pressure risk into Q4
Source: https://www.housingwire.com/articles/builder-inventory-backlog-ratios/