The fastest-growing builders in the nation are those who’ve been catering to the lower range of the price spectrum. Their focus on affordability is allowing them to win greater market share and sales volumes, a new study says.
Ever year, BUILDER compiles Builder 100 data to see which new-home builders are seeing the biggest sales volume and production.
Century Communities was the fastest-growing public builder in unit volume, based on its rate of change in deliveries from 2016 to 2018. The builder saw units closed jump 151% from 2016 to 2018. It was a repeat for Century Communities, which also nabbed the top spot last year. Clayton Homes took the second spot, followed by San Diego–based Cornerstone Communities.
The following are BUILDER’s 2019 list of the 10 fastest-growing public companies:
1. Century Communities
- Units closed in 2018: 7,092
- % change 2016 to 2018: 151%
2. Lennar Corp.
- Units closed in 2018: 45,627
- % change 2016 to 2018: 72%
3. LGI Homes
- Units closed in 2018: 6,512
- % change 2016 to 2018: 56%
4. Green Brick Partners
- Units closed in 2018: 1,287
- % change 2016 to 2018: 53%
5. William Lyon Homes
- Units closed in 2018: 4,186
- % change 2016 to 2018: 50%
Meanwhile, the five fastest-growing private builders for 2019 are:
1. Clayton Properties Group
- Units closed in 2018: 3,999
- %change 2016 to 2018: 367%
2. Trumark Cos.
- Units closed in 2018: 526
- % change 2016 to 2018: 171%
3. Cornerstone Communities
- Units closed in 2018: 252
- %change 2016 to 2018: 140%
4. PSW Real Estate
- Units closed in 2018: 208
- % change 2016 to 2018: 121%
5. Stonehollow Homes
- Units closed in 2018: 232
- % change 2016 to 2018: 105%
The overall top builders for this year based on total closings for 2018 are:
- D.R. Horton: 52,569
- Lennar Corp.: 48,856
- PulteGroup: 23,107
- NVR: 18,447
- KB Home: 11,317
- Taylor Morrison: 8,760
- Meritage Homes: 8,531
- Toll Brothers: 8,265
- Century Communities: 7,092
- LGI Homes: 6,512
Source: “Here Are the Builder 100 and Next 100 Fastest-Growing Firms for 2018,” BUILDER (May 8, 2019)
