Tuesday 15 September 2020

Lennar reports untempered demand for new homes in Q3

The pandemic hasn’t kept Americans from buying new homes, as Lennar Corp. reported earnings, orders and deliveries rose in the third quarter, following two previous periods of growth. Record low interest rates, buyers’ interest in houses with new technology and better internet connections, plus an overall lack of housing for rent and sale are fueling demand for new homes, executives told analysts during a conference call on Tuesday. “We expect home sales to remain strong



source https://therealdeal.com/2020/09/15/lennar-reports-untempered-demand-for-new-homes-in-q3/

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