Lennar Corp Class A (LEN)

[PennyP1cker]

This report is typical for markets all around the country:

"The volume of housing sales is holding steady in the Cincinnati region as average and median home sales prices continue to rise and set new records.

The 2017 year-end average home price climbed to $202,169 compared to $190,908 in 2016, a 5.9 percent increase, and the December average sale price climbed to $198,356 compared to $190,625 a year earlier, a 4.06 percent increase, according to the Cincinnati Area Board of Realtors.

At the same time, the inventory of homes for sale, as of Dec. 31, continued its year-over-year declining trend to 4,360 from 5,049 a year ago, down 13.65 percent."
http://www.journal-news.com/news/this-area-housing-marker-hasn-been-this-strong-awhile-here-the-data-that-prove/Xb2fDYWOcQSH6S2CiEDW1H/
Feb 8, 2018
Journal-News

Lower inventories, high demand and higher prices is going on in several regions. Hopefully, LEN can capitalize on the positive market and have a great 2018.