United Homes Q3 home starts estimated to rise 66%

* United Homes Group (NASDAQ:UHG [https://seekingalpha.com/symbol/UHG]) said [https://seekingalpha.com/pr/20256605-united-homes-group-inc-reports-preliminary-2025-third-quarter-unit-statistics] on Tuesday that its third quarter home starts are expected to rise 65.9% year-over-year to 526.
* Home closings are expected to fall 29.0% to 262 during the quarter, while new orders are estimated to be down 5.0% to 324.
* "Net new orders declined 5% year-over-year in the third quarter primarily reflecting weaker demand in July, which improved sequentially in August and September," said CEO Jack Micenko.
* "Elevated new home inventory levels continue to drive competition for new sales activity across our markets, and as a result we are not immune to the industry-wide pressures affecting other homebuilders," added Micenko.
* "We expect that these competitive dynamics are likely to weigh on the gross margin improvement we have seen as a result of our recent product refresh efforts," said the CEO.
* Source: Press Release [https://seekingalpha.com/pr/20256605-united-homes-group-inc-reports-preliminary-2025-third-quarter-unit-statistics]

MORE ON UNITED HOMES GROUP

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* Financial information for United Homes Group [https://seekingalpha.com/symbol/UHG/income-statement]