Homebuilder Lennar reported a 46% decline in third-quarter profit and forecast fourth-quarter home deliveries below Wall Street estimates on Thursday, as inflationary pressures continued to weigh on housing demand.
Trending
- Highlights From the ‘Oscars of Fashion’
- Nefertiti bust should be returned to Egypt, say historians – DW – 11/05/2025
- From architecture to Amazons: The best of new French cinema
- Malaysian rapper detained in murder investigation of Taiwanese influencer | World News
- NGOs scramble to preserve Gaza's war-torn heritage sites
- Lafarge trial: Multinational companies 'enjoying impunity, prioritising profits over human rights'
- Former cost of living tsar Buttress quits Ovo after 18 months | Money News
- Mortgages and AI to be added to the curriculum in English schools
Lennar reports lower quarterly profit as affordability pressures weigh on home buyers
By Reuters Econ
