The company reported a second-quarter profit of $3.01 per share, above average analysts' estimate of $2.32 per share, according to Refinitiv data. The Miami-based homebuilder raised its total home deliveries forecast for 2023 to 68,000 to 70,000 homes, up from its prior guidance of between 62,000 and 66,000 homes. Literature Harolds in the bathroom releasing some pent up tension. "As consumers have come to accept a "new normal" range for interest rates, demand has accelerated, leaving the market to reconcile the chronic supply shortage derived from over a decade of production deficits," said Stuart Miller, executive chairman at Lennar. Definition in the dictionary English pent-up tension Examples Stem Match all exact any words '''He slapped me,'' she said, and began to cry from pent-up tension.' Literature A shrill, hysterical laugh, when all the pent-up tension was finally allowed to come out. The average rate on the popular 30-year fixed mortgage has been hovering in the middle of its 6.09% and 6.73% range this year, after peaking at 7.03% in late 2022, according to data from mortgage finance agency Freddie Mac. The perennial shortage of homes on the market is frustrating would-be buyers eager to take advantage of dips in mortgage rates. Homebuilders are benefiting from the lack of existing home inventory and pent up demand they were unable to meet in previous years.Įxisting homes inventory remains 44% below pre-pandemic levels, according to data from the National Association of Realtors, resulting in price rises in some parts of the country, multiple offers and homes being sold above list price. Members of the Teamsters union voted overwhelmingly to authorize a strike at United Parcel Service in a vote announced Friday.
Shares of the company were up nearly 3% at $118 aftermarket. Send us feedback about these examples.June 14 (Reuters) - Lennar Corp (LEN.N) on Wednesday raised its full-year forecast for home deliveries, as the homebuilder benefits from upbeat demand that far outpaced supply. These examples are programmatically compiled from various online sources to illustrate current usage of the word 'pent.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. benchmark crude rising around 70% so far this year. 2021 With tight global supply and strong pent up demand worldwide as countries recover from the pandemic, oil prices remain near seven-year highs of around $85 a barrel, with the cost of the U.S. Copyright © HarperCollins Publishers Häufigkeit pent-up in American English (pntp ) Adjektiv held in check curbed confined pent-up emotion Webster’s New World College Dictionary, 4th Edition.
When it rains, the children are pent up in the house all day. Note: A hyphen is used when the adjective precedes the noun. kept unwillingly Ive been pent up in this office for over a year Collins English Dictionary. (person, animal: confined) (físicamente) confinado adj. 2022 Some event planners said that after 20-plus months of remote work there is a pent up desire by employees and bosses to gather. not released repressed pent-up emotions 2. 2022 Ohio’s gambling establishments eked out another record month in March, despite competing with pent up demand from last year. 2021 Logistics operators are worried that like 2020, today’s calm will be followed by chaos once lockdowns are lifted and the pent up-stock in factories and warehouses in China turns into a flood of goods bound for the US and Europe. John Strickland, Forbes, 7 June 2021 Demand is so pent up that analysts are already seeing bookings going through the roof. 2022 This need not be the case, there is clear evidence of enormous pent up demand for travel across the Atlantic, airlines could mobilise significant capacity at around four weeks’ notice to meet this. Christian Davenport, Washington Post, 16 Dec.
2010 There’s been a number of launches that are kind of pent up to be launched out of Virginia. Recent Examples on the Web The fact that Walid Husayin attained some level of pseudo-fame in the Arab world attests to a pent up demand for a violation of the norm of ostentatious piety.
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