Lennar Is Maintained at Neutral by Citigroup
Lennar Analyst Ratings
Express News | Lennar Corp : Citigroup Cuts Target Price to $150 From $196
Citi Maintains Lennar Corp(LEN.US) With Hold Rating, Cuts Target Price to $150
Daily summary of Real Estate Industry trends (2025-01-06)
The Monetary Policy Committee of the People's Bank of China convened its regular meeting for the fourth quarter of 2024. The meeting discussed the work related to deepening the structural reforms on the supply side of finance, pointing out the need to guide large Banks to play a leading role in financial services for the real economy, promote small and medium-sized Banks to focus on their main responsibilities, support Banks to replenish capital, and jointly maintain the stable development of the financial market.
Planning Your 2025 Finances During an Inflation Dip
No S&P 500 Stocks Are Overbought, but These Are the 10 Most Oversold Names
Mortgage rates are approaching 7%, and the Real Estate market in the USA is facing ominous signs.
High borrowing costs are squeezing demand, leading to a nearly 7% drop in the MBA's mortgage application index for the week of the 27th, falling to its lowest level since mid-November.
November US Construction Spending Flat, Residential Building Up
Stock Of The Day: Is Home Builder Lennar About To Rally?
In October, house prices in the USA reached a new high, but the growth rate slowed down. An increase in listings helped buyers negotiate, with New York leading the top 20 cities.
The latest data shows that in October, the USA housing price Index reached a record high for the 17th consecutive month, although the growth rate slowed down with a year-on-year increase of 3.6%, down from 3.9% in September. In addition, prices in the 20 major cities rose by 4.2% year-on-year, also a slowdown from the previous month's 4.6%, with New York City experiencing the highest increase at 7.3%.
Home Prices Keep Rising. Housing Stocks Have Had a Terrible Year. -- Barrons.com
October Case-Shiller US Home Price Index Declines Further
October FHFA Home-Price Index Rises as Expected, Up Solidly Year-Over-Year
Daily Real Estate Industry Update Summary (2024-12-31)
At the end of the year, the popularity of second-hand homes in Shanghai remains strong, with a single-day volume reaching a new high for the year on the weekend. Online real estate data shows that on December 28 (Saturday), Shanghai had 1,466 units of second-hand homes signed online in a single day, surpassing the 1,334 units on October 13, setting a new record for single-day sales of second-hand homes this year.
November Pending Home Sales Rise to Highest Level Since February 2023, NAR Says
The USA's November existing home sales Index reached a new high since the beginning of 2023.
In November, the USA's existing home sales Index has increased for the fourth consecutive month on a month-on-month basis. NAR's Chief Economist Lawrence Yun stated that consumers seem to have readjusted their expectations for mortgage rates and are taking advantage of more available inventory. Buyers are no longer waiting or expecting a significant drop in mortgage rates.
U.S. Pending Home Sales Rose in November
November US Pending Home Sales Index Posts Larger Gain Than Expected
Investors in Lennar (NYSE:LEN) Have Seen Impressive Returns of 152% Over the Past Five Years