Fasten your seatbelts – The Wall Street Journal’s real estate reporter Kris Hudson writes that Lennar Corp.’s quarterly results “depict a new-home market shifting into a higher gear.”
The builder posted an 18 percent year-over-year increase in sales orders for its fiscal first quarter ended Feb. 28.
According to Hudson, the five takeaways from Lennar’s results for the broader new-home market include a surge in orders for the big builder and the fact that price increases are in check.
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