1123 ET - PulteGroup remains confident in the housing market's long-term prospects. The Atlanta home builder is seeing high interest in homeownership but is up against an environment marked by high mortgage rates and home prices, ongoing inflation and concerns that tariffs will challenge affordability further. "People still want to buy a home. They're still buying homes, and we expect to sell a lot of homes between now and the end of the year," says CEO Ryan Marshall in an interview. The sentiment echoes a point builders at large like to make, particularly given the housing shortage in the US. Shares rise 7.5% to $100.05 as 1Q results top expectations. (denny.jacob@wsj.com; @pennedbyden)
(END) Dow Jones Newswires
April 22, 2025 11:23 ET (15:23 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。