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Lennar lowers fiscal 2026 deliveries to 80,000–81,000 homes

Lennar cut its fiscal 2026 delivery target to 80,000–81,000 homes from 82,000–83,000 previously, citing ongoing pressure from elevated mortgage rates.

LEN

Lennar is cutting its fiscal 2026 home delivery target to 80,000 to 81,000 homes, from 82,000 to 83,000 homes discussed last quarter, the company said. 8% at quarter end and have moved higher.