Hovnanian Enterprises\' stock fell 22.51{2063f9cd58ecc32f3987557b326d2c8f2e317cc6c8180b82b625ee0b53d5f905} on Thursday after the company reported a Q4 net loss and declining margins, prompting a shift away from entry-level buyers and an increased emphasis on the active adult segement. Executives expect improved performance in 2026.
In 2026, the national housing market storyline may be less interesting than local tales. The most important drivers of home sales and prices next year will be local economic conditions, demographic trends and market-specific supply dynamics.