- Editor's PickYahoo Finance•yesterday
Construction workers build a new home in Miami, Florida. The National Association of Realtors (NAR) said Wednesday US existing home sales jumped 3.3% in January — the highest level since a decade ago, when sales slowed down following the subprime mortgage crisis. “The biggest hurdle is the fact that there aren’t enough homes,” National Association of Realtors’ chief economist Lawrence Yun told Yahoo Finance.
- Investor's Business Daily•yesterday
Existing-home sales rose to a surprisingly strong 5.69 million unit pace while Toll Bros. had a better-than-expected fiscal Q1.
The National Association of Realtors' report on Wednesday came as the labor market nears full employment and investors wait for the Trump administration to act on its promises to cut taxes, increase infrastructure spending and reduce regulations. "Existing home sales continue to shine and this bodes well for consumer spending which helps the economy go. Team Trump is trying to boost economic growth and today's existing home sales will make the job a little easier," said Chris Rupkey, chief economist at MUFG Union Bank in New York.
LEN : Summary for Lennar Corporation Class A Comm - Yahoo Finance
Lennar Corporation (LEN)
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||46.71 - 47.59|
|52 Week Range||39.68 - 49.60|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||11.99|
|Dividend & Yield||0.16 (0.34%)|
|1y Target Est||N/A|