Housing Giant Lennar Looks to Rate Cutes to Stimulate Demand After Earnings Miss
1. Lennar's earnings missed analyst estimates, indicating housing market weakness. 2. Stock dropped nearly 6%, recovering some losses during the session. 3. CEO mentions falling interest rates may stimulate demand in Q4. 4. Homebuilder increased buyer incentives due to high interest rates. 5. Lennar shares have lost about 1% in 2025 so far.