Key Takeaways Lennar's earnings estimates fell again after its Q3 report, earning it a Zacks Rank #5 (Strong Sell).LEN's EPS estimates for FY25 and FY26 have tanked nearly 50% over the past year. Lennar Corporation (LEN)  stock has dropped around 7% since its latest disappointing earnings release on September 18.The recent negative earnings revisions, which landed the U.S. homebuilding giant a Zacks Rank #5 (Strong Sell), extend a prolonged downward trend as Lennar struggles to navigate the slowing housing ...

新房销售表现 - 8月新房销售量按年率计算达到80万套 [2][7] - 新房销售量环比7月的66.4万套增长20% [2] - 销售速度为自2022年初以来最快 [2] 新房销售强劲的驱动因素 - 建筑商提供激励措施以降低住房成本是主要原因 [2][5] - 8月有66%的建筑商提供特殊激励措施 为新冠疫情后时代最高比例 [5] - 激励措施包括抵押贷款利率买断 降低交易成本以及提供住房设计变更积分 [5] - 抵押贷款利率从1月约7%的高点下降约0.75个百分点 [4] - 新房库存供应为7.4个月 远高于现存住房的4.6个月供应量 [9] 新房与现存住房市场对比 - 新房销售量超过现存住房销售量 [1] - 8月现存住房销售量经季节调整后按年率计算为400万套 略有下降 [8] - 现存住房中位售价为422,600美元 高于新房典型售价413,500美元 [8] 市场前景与消费者行为 - 大量潜在购房者正在观望 等待更有利的 affordability 条件 [3] - 如果抵押贷款利率持续下降 9月房屋销售情况可能会更好 [7][10] - 购房者认为新房具有较高价值 并利用市场上异常高的新房供应量 [9]

Inflation isn't cooling fast enough to relax Fed fears, housing may be stirring from its slump, and OPEN’s dramatic stock reversal reminds us this cycle is built for volatility.Inflation Slightly Warmer… Cutting Rates Isn't Debated, It's QuantifiedAugust's CPI report showed inflation climbing to 2.9% YoY, up from 2.7% in July, with core inflation steady at 3.1% . Monthly inflation also rose around +0.4% seasonally adjusted… enough to stoke the embers of rate-cut caution, but not pull the emergency brake.100 ...