Hovnanian Archives - Inflation Watch https://inflationwatch.drduru.com/tag/hovnanian/ Watching for inflation here, there and everywhere Thu, 17 Dec 2009 13:57:04 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.4 https://i0.wp.com/inflationwatch.drduru.com/wp-content/uploads/2025/07/cropped-new-hp-money-printing-plates.png-1.webp?fit=32%2C32&ssl=1 Hovnanian Archives - Inflation Watch https://inflationwatch.drduru.com/tag/hovnanian/ 32 32 246324047 Hovnanian reports higher home prices, fewer cancellations https://inflationwatch.drduru.com/hovnanian-reports-higher-home-prices-fewer-cancellations/?utm_source=rss&utm_medium=rss&utm_campaign=hovnanian-reports-higher-home-prices-fewer-cancellations Thu, 17 Dec 2009 13:57:04 +0000 http://inflationwatch.wordpress.com/?p=775 Despite reporting a larger-than-expected loss, homebuilder Hovnanian Enterprises reported that the average price of its homes rose 5.3% to $284,162. Its cancellation rate (the percentage of buyers who abandoned contracts) declined from 42 percentĀ  to 24 percent.

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Despite reporting a larger-than-expected loss, homebuilder Hovnanian Enterprises reported that the average price of its homes rose 5.3% to $284,162. Its cancellation rate (the percentage of buyers who abandoned contracts) declined from 42 percentĀ  to 24 percent.

The post Hovnanian reports higher home prices, fewer cancellations appeared first on Inflation Watch.

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