Housing & Contractor Economics AnalysisBusiness, Finance & EconomicsLennar’s Profit Fell From $591 Million to $284 Million. Subcontractors Should Watch the Permit Pipeline.Lennar’s third-quarter profit fell to $284 million from $591 million as the builder used roughly 12% incentives to protect volume. Fresh Census data show single-family starts rebounding while permits slipped, creating a mixed but important signal for electrical, HVAC, plumbing and other contractors tied to new construction.TradeVulcan Dispatch Editorial Desk14 minTopic
Residential Construction
Published Dispatch coverage connected to Residential Construction.
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Housing & Contractor Economics AnalysisBusiness, Finance & EconomicsLennar’s Profit Fell From $591 Million to $284 Million. Subcontractors Should Watch the Permit Pipeline.Lennar’s third-quarter profit fell to $284 million from $591 million as the builder used roughly 12% incentives to protect volume. Fresh Census data show single-family starts rebounding while permits slipped, creating a mixed but important signal for electrical, HVAC, plumbing and other contractors tied to new construction.TradeVulcan Dispatch Editorial Desk14 min