Berkshire adds to Lennar stake but slows purchases
· Politics · United States
Berkshire Hathaway raised its stake in homebuilder Lennar to 11.2% this week, though the pace of its buying appears to be slowing.
Why it matters：Berkshire's bet on a major homebuilder signals confidence in the US housing market even as interest rates remain high.
Key points
- Berkshire's stake in Lennar rose to 11.2%.
- The pace of purchases appears to be slowing.
- Lennar is a major US homebuilder.
Sources (original reporting)
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