According to past data, homebuilders are entering their peak season, as November, December and January make up more than 75% of homebuilders’ annual returns. Experts suggest that the jump in supply is due to anticipation for the spring selling season. Keefe, Bruyette & Woods firm said, “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.” More here
