Lawler on Lennar: Net Home Orders Up by “Decent” Amount Last Quarter

Tuesday: • At 9:00 AM ET, FHFA House Price Index for July 2015 . This was originally a GSE only repeat sales, however there is also an expanded index. The consensus is for a 0.4% month-to-month increase for this index. • 10:00 AM, Richmond Fed Survey of Manufacturing Activity for September. From housing economist Tom Lawler: Lennar: Net Home Orders Up by "Decent" Amount Last Quarter, Though Weakness in Houston Limits Overall Gain Lennar Corporation reported that net home orders in the quarter ended August 31, 2015 totaled 6,495, up 10.3% from the comparable quarter of 2014. Regionally the......(read more)

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