Items Tagged with 'Homebuilder earnings'

ARTICLES

  • Lennar bullish after new home demand reaches 10-year high

    New orders, deliveries, revenue from home sales all see double-digit increases
    The most recent data on housing starts and new home sales painted a decidedly gloomy picture about the state of the nation’s housing economy. And while some observers are suggesting that the lack of housing supply is nearing “emergency” status, one prominent homebuilder is seeing just the opposite.
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  • Positive earnings build up Lennar, KB Home

    Both firms exceed analyst expectations
    "We believe that the recent slower pace of the recovery caused by an uptick in mortgage interest rates is a temporary effect, and we expect to see steady upward demand for housing as consumers adjust to both higher rates and pricing," said KB Home President and CEO Jeffrey Mezger.
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