NVR · 10-Q · 2026Q2 · Full report

Geographic Market Commentary

NVR INC · 2026-08-05 · Importance 53 · Surprise 48

The Mid Atlantic was the weakest major region, with second-quarter settlements down 18% and segment revenue down 22%, although new orders increased 8% as active communities grew 11%. North East demand was pressured by weak consumer sentiment, with second-quarter new orders down 8% and sales absorption down 16%; six-month new orders nevertheless increased 7% on more communities. Mid East new orders increased 11% in the quarter and 9% year to date, supported by better product positioning and higher absorption. South East new orders increased 14% in the quarter and 11% year to date, also supported by better product positioning, while its gross margin remained the lowest among the regions at 17.7% in the quarter and 17.6% year to date.