NVR Inc
- Single-family house sales eased 0.3% from the previous month and rose 5.9% from a year ago in February to a seasonally adjusted rate of 662,000.
The median sale price of a new house sold was $400,500, and the average sale price was $485,000, according to the latest government statistics.
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the new residential statistics Monday.
The seasonally adjusted estimate of new homes for sale at the end of February was 463,000, a supply of 8.4 months at the current sales rate.
Home price affordability and elevated mortgage rates have kept first-time home buyers away from the market, as mortgage rates have continued to advance over the last year.
Mar 25, 2024 - NVR Inc. declined 2.6% to $5,362.0 after the home builder reported a decline in revenue in the third quarter.
Consolidated revenue declined 7% to $2.57 billion from $2.85 billion, net income rose to $432.2 million from $411.4 million, and diluted earnings per share advanced to $125.56 from $118.51 a year ago.
New home orders in the third quarter increased by 7% to 4,746 units from 4,421 units, and the average sales price of new orders increased by 1% to $456,100 a year ago.
The cancellation rate decreased to 14% in the third quarter from 15% a year ago.
The average home settlement price declined 3% to $448,000, and the backlog of homes sold but not settled dropped on a unit basis by 4% to 10,371 units and eased on a dollar basis by 6% to $4.8 billion from a year ago.
Oct 24, 2023 - Home builders were in focus after Berkshire Hathaway acquired positions in NVR, Lennar and DR Horton, according to a regulatory filing.
DR Horton gained 2.2% to $125.97, Lennar jumped 0.6% to $124.61 and NVR gained 1.7% to $6,262.79 after the diversified conglomerate Berkshire Hathaway took stakes in home builders.
According to a regulatory filing with the SEC, Berkshire acquired a $726 million stake in DR Horton, $70 million in NVR and $17.2 million in Lennar.
Aug 15, 2023
| Year | Mar | Jun | Sep | Dec | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 99.89 | 116.54 | 125.26 | - | - | |
| 2022 | 116.56 | 123.65 | 118.51 | 133.10 | 491.82 | |
| 2021 | 63.21 | 82.45 | 86.44 | 89.09 | 320.48 | |
| 2020 | 44.96 | 42.5 | 65.11 | 77.54 | 230.11 | |
| 2019 | 47.64 | 53.09 | 56.11 | 64.41 | 221.13 | |
| 2018 | 39.34 | 49.05 | 48.28 | 58.13 | 194.8 | |
| 2017 | 25.12 | 35.19 | 38.02 | 43.41 | 141.74 | |
| 2016 | 15.79 | 22.01 | 28.46 | 37.80 | 104.06 | |
| 2015 | 9.22 | 21.91 | 27.11 | 31.92 | 90.16 | |
| 2014 | 5.16 | 15.17 | 20.70 | 22.47 | 63.5 | |
| 2013 | 6.84 | 10.11 | 17.67 | 20.19 | 54.81 | |
| 2012 | 3.90 | 8.97 | 10.33 | 11.92 | 35.12 | |
| 2011 | 2.52 | 6.48 | 7.98 | 6.03 | 23.01 | |
| 2010 | 5.01 | 11.13 | 7.31 | 9.97 | 33.42 | |
| 2009 | 3.02 | 6.79 | 11.59 | 9.86 | 31.26 | |
| 2008 | 7.42 | 8.64 | 6.12 | -5.14 | 17.04 | |
| 2007 | 12.96 | 14.14 | 15.26 | 11.78 | 54.14 | |
| 2006 | 19.48 | 28.08 | 19.63 | 20.86 | 88.05 | |
| 2005 | 14.38 | 21.42 | 24.33 | 29.48 | 89.61 |