past year, sold in less than a week when put on the market this spring. And many of the bigger builders, especially Lennar LEN , have sounded more optimistic on recent conference calls. However, builders have been a little overly optimistic
with the median price, it has been improving for the past three months. As we mentioned in last week's column , Lennar 's LEN earnings transcripts seemed to be confirming this development, as builders appear to be focused on building more competitively
we've got two counterpoints to that, which is why I'm still optimistic about housing for 2015. [TICKER: LEN ] Lennar ( LEN ) certainly said they've seen a good spring selling season, and people are particularly interested in lower
beginning to see improved conditions. Lennar LEN , a leading U.S. builder, reported ..... region and its large housing market. Lennar reported that its sales in Houston ..... family residential construction. Lennar , however, announced that it will
Lennar reported first-quarter results consistent ..... as expected, and consistent order paces. Lennar echoed our sentiment that the housing recovery ..... operating assumptions are largely unchanged. Lennar reported first-quarter EPS of $0.50
March 19 (Reuters) - Lennar Corp reported better-than-expected quarterly profit and revenue as it sold more homes at higher prices, and the company said early signs for the spring selling season indicated demand in the U.S. housing market was improving.
March 19 (Reuters) - U.S. homebuilder Lennar Corp 's quarterly profit jumped 47 percent as the company sold more homes at higher prices.
supporting strong unit sales growth. Also encouraging were comments that it is not seeing the sales incentive pressures that Lennar and KB Home recently reported, nor has it witnessed a sales slowdown in Texas, approximately 25% of Horton’s closing
* Shares fall as much as 9 pct; rivals also decline (Adds details from conference call)
Lennar 's impressive run of year-over-year ..... since the third quarter of fiscal 2011. Lennar guided to fiscal 2015 home sale gross margins ..... basis points lower than fiscal 2014 levels. Lennar 's margin trajectory is weakening due to