KB Home (KBH), PulteGroup, Inc. (PHM) & More: What Six Homebuilder CEOs Are Saying About Housing

Ara Hovnanian (NYSE:HOV), Hovnanian Enterprises, Inc. (NYSE:HOV)

Needless to say, the growth in sales is significant. As a matter of fact, every single month in fiscal ’13 is virtually double what it was 2 years ago. If you look at net contracts per active selling community … We sold more homes per community in each of the prior 12 months than we did the year before. In fact, the 3.3 net contracts per community we reported for February of ’13 was the highest net contracts per community for a single month since September of ’07.

Richard Dugas, PulteGroup, Inc. (NYSE:PHM)

Demand up and down the East Coast remains strong, with double-digit percentage increases in almost every market. We continue to see notable gains reported by our operations in the New England area, the Carolinas and Florida. In fact, exceptional demand in our Florida markets is forcing us to take similar action to that in Phoenix, where we are purposefully slowing our rate of sales, as we focus on maximizing margin over driving volume.

Market conditions in the middle third of the country also showed continuous strength in the quarter. Demand in the Midwest was generally strong, with limited lot supply often being as big an influence of our reported sign-ups as buyer demand. All of our Texas markets posted double-digit gains, with Houston delivering the biggest year-over-year increase in sign-ups during the quarter.

For more on housing’s recovery, check out what could be the coming boom.

Transcripts courtesy of SeekingAlpha.com.

The article What 6 Homebuilder CEOs Are Saying About the Housing Industry originally appeared on Fool.com.

Fool contributor Morgan Housel has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

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