Berkshire’s Abel Boosts Lennar Stake as Home Sales Weaken
Berkshire’s second-quarter 13F showed Greg Abel increasing Berkshire’s Lennar position by roughly 30% and starting a small position in D.R. Horton. The housing backdrop is softening: July new single-family home sales fell to a 607,000 annual rate, pending sales declined across regions, and new-home prices eased year over year.