- Weakness in the housing market isn’t going away any time soon. In fact, it might be exacerbated by broader uncertainty where policy is concerned. Lennar claims there has been no effect on its costs or labor due to tariff and immigration policies, but it is something the homebuilder is keeping an eye on.
The chairman and co-chief executive of $30 billion homebuilder Lennar just issued a warning: high home prices plus high mortgage rates are killing demand.
