Lennar chairman says interest rate drop luring home buyers back to the market

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After a tough fourth quarter, Lennar's chairman Stuart Miller said December's interest rate drop spurred a surge in customer traffic through their model homes. That could bode well for the broader market in new homes.

 

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One of the largest homebuilders said it can't give a forecast because the market is so 'uncertain'Lennar reported strong fourth-quarter earnings on Wednesday, but deferred guidance for 2019 'until the markets further define themselves.' ReleaseTLPLeaders geonews_urdu OfficialDGISPR ImranKhanPTI MuhammadTahaCh1 OryaMaqbolJan ShaheerSialvi SMQureshiPTI amnesty SecKermani ZaidZamanHamid hrw RT_com RT_Erdogan malaysiandaily cnni AlJazeera_World That high interest rates This is an indicator for slowdown in economic growth.
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