Lennar's Housing Market Reality Check: Sales Down, Profits Up?

Lennar's latest earnings reveal a mixed bag: profits beat expectations, but sales slumped and a shrinking backlog spooked investors, sending the stock down. Discover why the homebuilding giant is facing headwinds as incentives rise and margins narrow in a tough housing market, and what lukewarm growth forecasts mean for the future. Hosted on Acast. See acast.com/privacy for more information.