Smith Douglas Homes doubles down on pace despite margin pain
Smith Douglas Homes grew Q2 closings 25% year over year and new home orders increased 32%, but gross margin fell 560 basis points as incentives rose and prices fell.
Smith Douglas Homes grew Q2 closings 25% year over year and new home orders increased 32%, but gross margin fell 560 basis points as incentives rose and prices fell. This story matters for Real Estate & Property readers tracking asid. Reported by housingwire.com. Read the full original at the source link below.
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