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Home Austin Texas Resale Glut Squeezes Lennar’s New-Home Pricing as Q3 Earnings Miss
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Texas Resale Glut Squeezes Lennar’s New-Home Pricing as Q3 Earnings Miss

September 30, 20263 Mins read20
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Lennar singled out Texas, one of its two largest markets, as a hotbed of rebuilding resale supply that is competing directly on price with its new homes and pressuring incentives, as the builder missed third-quarter targets.

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