DR HortonNYSE: DHI

Sales of new U.S. single-family homes slipped in May, marking the lowest level in six months, according to the U.S. Census Bureau's latest report. New home sales — a leading housing market indicator based on signed contracts, not closings — decreased 11.3% to a seasonally adjusted annual rate of 619,000 units in May from April, according to the Commerce Department's report released on Jun 26, 2024.

The housing market in 2024 continues to be complex and volatile for homebuyers and investors. Interest rate volatility, affordability concerns, and persistent inflation present ongoing challenges for the industry.

ROME, Ga.--(BUSINESS WIRE)--D.R. Horton's Atlanta West division is excited to offer its first new communities in Rome, Georgia. Two communities are currently under development with plans for future growth in the area. “As the largest city in northwest Georgia, the Rome submarket holds a lot of potential for new home sales and makes sense as a next step for us,” said Tim Arnold, Division President of the Atlanta West Division. “We are excited for the opportunity to introduce D.R. Horton homes to.

The latest trading day saw D.R. Horton (DHI) settling at $143.46, representing a -0.19% change from its previous close.

Our theme of Housing Stocks, which includes the stocks of home improvement players, building supply companies, and home builders including DR Horton and Pulte Group has been a mixed performer this year, rising by just about 4% year-to-date. This compares to the S&P 500, which has gained almost 13% over the same period.

In the latest trading session, D.R. Horton (DHI) closed at $143.70, marking a -1.64% move from the previous day.

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ARLINGTON, Texas--(BUSINESS WIRE)---- $DHI #earnings--D.R. Horton announced that the Company will release financial results for its third quarter ended June 30, 2024 on Thursday, July 18, 2024.

Never before in recent U.S. history has the construction industry had so much investment potential. Today, the scale of infrastructure and resources needed to complete modern projects can lead to both extraordinary financial risk and exceptional reward for investors.