Shaina Mishkin

A home maintenance program offered by Lowe’s could lift its subscription revenue, Jefferies analysts say.

Home sales in May rose 3.2% from a year earlier, the National Association of Realtors said. The median home price was also the highest on record for the month of May.

Lennar will report earnings after the market closes Thursday. Housing demand has remained weak, requiring continued buyer incentives to keep homes selling.

Investors have feared that a large technology company offering home listings will take market share from other housing services companies.

Lennar second-quarter revenue missed Wall Street’s expectations, according to financial results released Thursday. The earnings figure was in-line with consensus expectations, but revenue fell short of the roughly $8.1 billion analysts expected, according to FactSet. Home builders have rallied since Berkshire Hathaway said it would buy Taylor Morrison in May. But Lennar the nation’s third-largest builder by market capitalization, has been left behind.

Lennar second-quarter revenue missed Wall Street’s expectations, according to financial results released Thursday as housing market headwinds kept on blowing. The earnings figure was in-line with consensus expectations, but revenue fell short of the roughly $8.1 billion analysts expected, according to FactSet. “Our second quarter of fiscal year 2026 was defined by the same stubborn headwinds that have challenged the housing market for the past several years—persistently elevated mortgage rates, constrained affordability, and cautious consumer sentiment, exacerbated by geopolitical uncertainty creating a resurgent inflation reading of 4.2% driven by higher energy prices,” Lennar CEO and executive chairman Stuart Miller said in a statement.

Lennar’s earnings were in line with Wall Street’s expectations but revenue fell short.

Lennar asset-light business model deserves a new, higher multiple, the company said in a new investor presentation Friday. The home builder’s second-quarter revenue missed Wall Street’s expectations, according to financial results released Thursday. Lennar’s results were “just fine,” but its guidance was disappointing, Oppenheimer analyst Tyler Batory wrote in a reaction to the report.

Investors are watching the 10-year Treasury yield as a better indicator of the where the housing market is headed.

Bed Bath & Beyond bought Fathom to help transform itself into a one-stop shopping for homeownership.