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Stock impact report

Homebuilders face 'muted' spring selling season amid high mortgage rates, tariff uncertainty [Yahoo! Finance Canada]

KB Home (KBH) 
Last kb home earnings: 3/26 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investor.kbhome.com
On Monday, KB Home ( KBH ) reported a 17% drop in net orders from the year-earlier period for its fiscal first quarter ending Feb. 28. The company also dialed down its average selling price range for 2025 to $480,000 to $495,000. In January, it expected a range of $488,000 to $498,000. Shares of KBH fell 4% in after-hours trading following the earnings report. KB Home (KBH) "While longer-term housing market conditions remain favorable, driven by demographics and an undersupply of homes, demand at the start of the spring selling season has been more muted than we have seen over the past few years," KB Home CEO Jeffrey Mezger told analysts and investors on the earnings call. Many real estate agents and builders consider Super Bowl weekend, which landed on Feb. 8-9 of this year, to be the unofficial kickoff for the peak homebuying and selling season, which lasts through early June. Mezger noted that the company typically sees a pickup in net orders in late January and early Fe Show less Read more
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