The housing boom might be quietly breaking.
One of the largest U.S. homebuilders, Lennar, is now cutting its average selling price back to 2017 levels just to move inventory.
That’s a huge shift.
After home prices surged over 50% from 2020 to 2022, the market is now moving the opposite direction.
According to the data, Lennar’s average home price has fallen roughly 24% from the 2022 peak.
And the company isn’t waiting for the market to recover.
Instead, they’re cutting prices, accepting lower margins, and lowering construction costs just to keep homes selling.
Some people say the housing market is still strong.
But if major builders are slashing prices to clear supply, that tells a different story.
Is this just a temporary slowdown…
or the early stage of a housing reset?
Agree or disagree — the debate is open.
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