Homebuilder ETFs, REIT ETFs: The “We-Beat-Expectations” Boost
Lennar is one of the premier home-builders in the United States… the 4th largest by some measures. Investors are cheering a number of improvements, including: (a) the year-over-year cancellation rate coming in at only 20% rather than 32% from the year before, (b) a 29% drop in revenue that produced $911 million, rather than a 33% revenue slide to [...] [...more]
