D.R. Horton says high house prices weighing on demand

U.S. homebuilder D.R. Horton Inc missed analysts’ estimates for first-quarter profit on Friday, as higher house prices and mortgage rates priced some buyers out of the market, squeezing sales of more expensive homes.

…read more

Discover Tomorrow’s Winning Stocks!
Get our latest stock reports before everyone else! Actionable news, and breakout stocks w multi-bagger upside potential — delivered directly to your inbox.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.

Source:: Reuters – Business News