UPDATE 2-Lennar profit boosted by higher demand for cheaper homes
Homebuilder Lennar Corp’s
quarterly profit beat expectations on Wednesday, as cheaper
consumer borrowing rates and a focus on low-priced houses helped
offset slowing growth in California, one of its largest markets.
quarterly profit beat expectations on Wednesday, as cheaper
consumer borrowing rates and a focus on low-priced houses helped
offset slowing growth in California, one of its largest markets.
Posted by Reuters
