Company Overview - Lenar experienced a challenging Q3, with stock down over 3% due to revenue missing estimates and lower delivery guidance [1] - The company's home building gross margins fell to 17.5%, down from 29% in 2022 during the housing boom [1] Market Conditions - The housing market is facing continued softening, impacting sales volume and requiring additional incentives to maintain expected pace [1][2] - Average selling prices declined by 9%, indicating widespread affordability issues across the industry [3] Industry Insights - Major builders are responding to market conditions by lowering prices, offering incentives, and buying down mortgage rates to improve affordability [4] - The only builder expressing optimism for the future was Toll Brothers, a luxury home builder, highlighting a divergence in market sentiment among builders [4]

值得注意的是，尽管上述核心城市表现强劲，但未能抵消全国范围内的整体下滑趋势。此次新屋开工量 的显著回落，反映出加拿大住房市场在经历前期活跃后正进入调整阶段。 （文章来源：新华财经） 尽管全国数据表现疲软，部分主要城市的新建住宅活动仍保持增长态势。在人口超过1万人的城市地 区，8月新屋开工量同比增长10%，达到18.4万套。 区域层面，蒙特利尔以32%的同比增幅领跑，温哥华同比大幅增长46%，两地增长主要由多单元住宅项 目推动。多伦多地区的新屋开工量则基本与去年同期持平。 新华财经北京9月16日电加拿大抵押贷款和住房公司（CMHC）最新数据显示，8月全国新屋开工量环比 下降16%至24.58万套，显著低于市场预期的27.75万套，亦较经修正后的7月数据29.35万套大幅回落， 显示出住房市场整体活动正在降温。 ...