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Housing market affordability is so stretched that this $23B builder is shelling out $55K incentives per home

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Why This Matters

The housing market's affordability crisis is prompting major builders like Lennar to offer substantial incentives to attract buyers, highlighting ongoing challenges in the real estate industry. This trend impacts both consumers seeking affordable homes and the broader economic landscape of housing development.

Key Takeaways

Lennar spent an average of 12.9% of the final sales price on sales incentives in Q2 2026—down from 14.1% last quarter. Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter.