KB Home Stock Slides After Earnings Miss, CEO Says Sales Were 'Muted'

Barron'sMar 25 10:11 ET · Movers

Goldman Sachs Maintains Lennar Corp(LEN.US) With Hold Rating, Cuts Target Price to $120

Moomoo News04:32 ET · Ratings

Citi Maintains Lennar Corp(LEN.US) With Hold Rating, Maintains Target Price $127

Moomoo News01:31 ET · Ratings

February New-Home Sales Rise Less Than Projected as Prices Fall

MT Newswires12:55 ET

The USA housing market's leading indicator of new home sales is warming up, but inventory has reached the highest level since 2007, and house prices have dropped 1.5% year-on-year.

In February, new home sales in the USA increased by 1.8% month-on-month, compared to an expected increase of 3.5%, while the previous January value showed a significant drop of 10.5%. In February, the supply of newly built homes rose by 0.8%, reaching 0.5 million units, the highest level since 2007. The median sale price of new homes decreased by 1.5% compared to last year, falling to 0.4145 million dollars.

wallstreetcn12:32 ET

Express News | Goldman Sachs Maintains Neutral on Lennar, Lowers Price Target to $120

BenzingaMar 25 11:39 ET