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Builders Revising Estimates For 2006 Sharply Downward

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LOS ANGELES - KB Home said the
number of canceled home orders rose
in the first two months of the year while net orders for new homes fell - a trend that could force the company to adjust revenue projections if it continues.
KB's warning, made in a filing with the Securities and Exchange Commission on Friday, comes on the heels of Horsham, Pa.-based homebuilder Toll Brothers Inc.'s announcement that
new orders for its houses fell by 21 percent in the first quarter
and home deliveries this year would be weaker than expected.
The median sales price for new homes fell about 3 percent in December
over the same month in 2004, according to the same report.

The US is leading the market down. Why the truthfulness? Notice that US Corporations must file projections with the SEC. Lie and you pay dearly, and even go to prison.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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