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Builder inventory-to-backlog ratios flag spec risk pre-Q3 earnings

Source: HousingWire · Oct 19, 2026 10:12 UTC

Red line chart of stock prices on a screen — File photo rawpixel · CC0 · Source

The Quick Take

Inventory to backlog ranges from 0.44x at NVR to 3.09x at Century, with margin pressure risk into Q4

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