Now that lumber prices have cooled off, the cost to build a new home should come down.
Just kidding.
An analyst asked the CEO of KB Home if they would lower their prices, since they increased them after lumber spiked. Here’s his response:
“It will depend on the competitive landscape in each city…But our hope and expectation is we’ll take it to margin.”
People look for ways to hedge against inflation when…
Just kidding.
An analyst asked the CEO of KB Home if they would lower their prices, since they increased them after lumber spiked. Here’s his response:
“It will depend on the competitive landscape in each city…But our hope and expectation is we’ll take it to margin.”
People look for ways to hedge against inflation when…
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