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This Homebuilder's Average Selling Price Just Hit a 9-Year Low. Here's Why That's Great News for Home Depot
Summary by The Motley Fool
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This Homebuilder's Average Selling Price Just Hit a 9-Year Low. Here's Why That's Great News for Home Depot
Key PointsA major homebuilder reported lower prices to boost demand.Increased homebuying should lead to more major renovations.That'll benefit Home Depot, the largest home-improvement retailer.10 stocks we like better than Home Depot › Lennar (NYSE: LEN) saw fiscal second-quarter home deliveries increase 2% to 20,519. However, the homebuilder reported a lower average sales price of $371,000, including nearly 13% in incentives and base-price "adj…
·Alexandria, United States
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Total News Sources1
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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