BTIG HomeSphere Monthly Homebuilder Survey

Research evidence excerpt

BTIG HomeSphere Monthly Homebuilder Survey

Methodology

We conduct an electronic survey of approximately 75-150 small- to mid-sized homebuilders that sell, on average, 25-100 homes

per year throughout the nation. We ask questions about sales, traffic, and cost trends on a year-over-year and month-over-monthHOUSING basis. We also query firms as to expectations and whether field trends are ahead of, in line with, or below those expectations.

We began our survey in October 2017. In August 2021, we discontinued several questions, mostly those regarding costs, in order

to shorten the survey to boost response rates.AND Our respondents range from CEOs of builders to operations managers, depending on the firm. Our respondents sell across a

broad spectrum of price points in both urban and suburban markets. Specific responses are anonymous, although we do analyze

data based on regions and price points, and some builders choose to provide more specific commentary on trends than ourREAL questions ask.

We are very pleased to partner with HomeSphere (Private). HomeSphere offers technology-driven solutions for the homebuilding

industry, linking building products manufacturers with builder/developers, automating and simplifying the rebate process whileESTATE increasing the visibility of products builders choose to install in their homes. HomeSphere assists us with our respondent target

list and data collection efforts. Note: Response totals for certain questions may show values greater or less than 100% due to

rounding.

SalesSERVICES

Exhibit 1 - Survey Respondents By Main State Of Operations, April 2026 (78 Respondents)

0INDUSTRY 0 0

2 2 0 1 0

1 3 3

0REPORT 2 5 0 3

0 2

4 3 1

5 1 0

1 0 4

6 1

0 0 6

0 0 4 Massachusetts: 0

Delaware:0

5 Maryland:3

Rhode Island:0

0 5

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