Over the past four years, the U.S. housing industry faced challenges, such as high mortgage rates, limiting new home construction and sales.
A Lennar sign at the entrance to one of their housing developments in Miami, Florida, on Sept. 19, 2011. Joe Raedle/Getty Images
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News Analysis
Lennar Corp. sold more homes in the second quarter of fiscal 2025 than in the same period a year earlier, but at lower prices amid a housing market that remains soft in the United States.
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron’s, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China’s Challenge.”
