Says remained focused on strategy in Q2. Says remains focused on volume and even flow production. Says the macro economy remains ‘challenging’. Says actionable demand has been diminished by affordability and consumer confidence. Says supply remains constrained by underproduction. Says home prices ‘remain high’. Says low supply fuels high prices and high prices lock out many buyers. Says focused on consistent volume by matching production pace with sales pace. Says protected margin as market conditions stalled. Says concluded by maintaining volumes company can create new efficiencies. Says laser-focused on injecting technology-assisted solutions into its platform. Says believes technology properly configured can enhance productivity. Says ‘certain’ returns on investment will be ‘significant’. Comments taken from Q2 earnings conference call.
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