PulteGroup Cuts 2026 Home-Closing Forecast to 27,000–27,500 Homes
Photo: TokenPost
PulteGroup cut its 2026 home-closing forecast by 1,500 homes at both ends of the range on Thursday, Oct. 22, after third-quarter closings fell 9% year over year. The new outlook calls for 27,000 to 27,500 home closings, down from July’s forecast of 28,500 to 29,000. The homebuilder also reduced planned land acquisition and development investment by $100 million, to about $5.3 billion from $5.4 billion in July. PulteGroup kept its full-year gross-margin forecast at 24.5% to 25.0% and its average-selling-price range at $550,000 to $560,000.
Source: TokenPost
