Lennar says homes are still selling despite coronavirus

The novel Coronavirus is a “circuit breaker” that will have profound implications on the market, but with low interest rates people are still buying homes, Lennar’s executive chairman Stuart Miller said on a conference call with analysts. Miami-based Lennar, one of the country’s largest homebuilders, reported its first quarter earnings on Thursday, but its executives talked mostly about how the company and the housing market will fare during the economic fallout from the pandemic. The

source https://therealdeal.com/2020/03/19/lennar-says-homes-are-still-selling-despite-coronavirus/