What public builders say about the 2025 housing market

(Disclosure: Rose Law Group represents Landsea Homes, Lennar, Meritage Homes, Taylor Morrison, and Toll Brothers.)

By Vincent Salandro | YourValley

Despite challenging conditions during the back half of 2024, the majority of public home builders posted positive fourth quarter and full-year results. 

Many fourth quarter earnings reports were highlighted by record levels of closings and deliveries. 

Heading into a year with yet more uncertainty, executives from public companies maintained optimistic outlooks for the industry. Impacts from interest rates and tariffs will likely impact demand and construction costs while affordability remains a top concern for many would-be buyers. Additionally, Zonda data suggests incentives were becoming less effective ahead of the spring selling season. 

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