WRAPUP 2-Multi-family housing boosts U.S. homebuilding; supply constraints seen unrelenting [Reuters]
KB Home (KBH)
Last kb home earnings: 3/26 04:10 pm
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Source: Reuters
Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, U.S. June 3, 2021. REUTERS/Mike Blake WASHINGTON, Jan 19 (Reuters) - U.S. homebuilding rose to a nine-month high in December amid a surge in multi-family housing projects, but soaring prices for materials after the government nearly doubled duties on imported Canadian softwood lumber could hamper activity later this year. The report from the Commerce Department on Wednesday also showed the housing construction backlog surged to a record high last month, underscoring the challenges builders are facing from supply strains, including labor shortages. Completions tumbled as well. Rising mortgage rates could also restrain homebuilding. "Builders are gladly trying to meet demand, but supply problems and labor shortages are slowing them down," said Jennifer Lee, a senior economist at BMO Capital Markets in Toronto. "Softwood lumber duties are going to hurt this
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News
- KB Home Announces the Grand Opening of Its Newest Master-Planned Community in Heartland, Texas [Yahoo! Finance]Yahoo! Finance
- KB Home Announces the Grand Opening of Its Newest Master-Planned Community in Heartland, TexasBusiness Wire
- KB Home Releases 2023 Sustainability Report [Yahoo! Finance]Yahoo! Finance
- KB Home Releases 2023 Sustainability ReportBusiness Wire
- KB Home (KBH) Cheers Investors With 25% Dividend Hike [Yahoo! Finance]Yahoo! Finance
KBH
Earnings
- 3/20/24 - Beat
KBH
Sec Filings
- 4/24/24 - Form 8-K
- 4/22/24 - Form 4
- 4/22/24 - Form 4
- KBH's page on the SEC website