Economic Report: Home-builder confidence remains near all-time highs, despite concerns about first-time buyers [MarketWatch]
D.R. Horton, Inc. (DHI)
Last d.r. horton, inc. earnings: 4/28 06:30 am
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Source: MarketWatch
Home-builder confidence remains near all-time highs, despite concerns about first-time buyers The numbers: For home builders, the good times keep on rolling. The National Association of Home Builders’ monthly confidence index dropped one point to 74 in February from 75 the month prior , the trade group said Tuesday . That’s just two points below December’s figure, which represented the highest index reading since June 1999. Index readings above 50 are an indication that confidence is improving, while a figure below that threshold would signal the opposite. What they’re saying: “While the housing sector has strengthened, inventories continue to be a constraint, even as low mortgage rates should motivate buyers to purchase a home,” said Rubeela Farooqi, chief U.S. economist at High Frequency Economics. “Student loans remain high and present an obstacle in first time buyers’ ability to save for a down payment.” What happened: The three main indicators that guide the overall index all
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DHI
Earnings
- 4/18/24 - Beat
DHI
Sec Filings
- 4/23/24 - Form 4
- 4/23/24 - Form 4
- 4/23/24 - Form 4
- DHI's page on the SEC website