Lennar blames high mortgage rates for sales miss but says its home prices also need to fall

Lennar said higher mortgage rates have hurt sales, but the home builder also acknowledged that it needs to cut prices more to reignite buying.

Dec 19, 2024 - 08:15
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Lennar blames high mortgage rates for sales miss but says its home prices also need to fall
Lennar said higher mortgage rates have hurt sales, but the home builder also acknowledged that it needs to cut prices more to reignite buying.

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