Pace of Homebuilding Slowed In October [Yahoo! Finance]
LPL Financial Holdings Inc. (LPLA)
Last lpl financial holdings inc. earnings: 4/30 04:05 pm
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Source: Yahoo! Finance
Builders may also have been riding out hurricanes and uncertainty about the presidential election's outcome. Those setbacks may be temporary, as Donald Trump's election boosted confidence among homebuilders about the outlook for the future. Homebuilding unexpectedly slumped in October, as builders got started on the fewest homes in three months. Homebuilders began projects at a rate of 1.31 million units per year, down from 1.35 million in September, according to seasonally-adjusted figures from the Census Bureau Tuesday. That was the lowest since August and below the 1.34 million forecasters had expected, according to a survey of economists by Dow Jones Newswires and The Wall Street Journal. The downtick is the latest setback for a market that's starved for new housing but smothered by high prices and mortgage rates. "Although the overall economy is holding up better than expected, the interest-sensitive housing sector continues to take a beating," Priscilla Thiagamoorthy,
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LPLA
Earnings
- 10/30/24 - Beat
LPLA
Sec Filings
- 11/12/24 - Form SC
- 11/4/24 - Form 10-Q
- 10/30/24 - Form 8-K
- LPLA's page on the SEC website