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Lennar: "Didn't see typical seasonal pickup after February"

Lennar: "Didn't see typical seasonal pickup after February"

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Mar 21, 2025
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CalculatedRisk Newsletter
CalculatedRisk Newsletter
Lennar: "Didn't see typical seasonal pickup after February"
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This is a short note …

The Lennar headline is from a comment this morning. This is just one anecdote, but I believe the housing market will be impacted by policy.

I started the year taking Fed Chair Jerome Powell’s approach to the impact of policy: I’d wait to see what was implemented before changing my outlook. Here is my outlook at the start of 2025:

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