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Stock impact report

Home-builder confidence slipped in January [MarketWatch]

D.R. Horton, Inc. (DHI) 
Last d.r. horton, inc. earnings: 4/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.drhorton.com
Company Research Source: MarketWatch
Home builder confidence slips slightly in January, but USMCA trade deal should be a boon to the industry The numbers: Home builders have kicked off 2020 in fairly good spirits. The National Association of Home Builders’ monthly confidence index dropped one point to 75 in January from 76 the month prior, the trade group said Thursday. The previous month’s figure represented the highest index reading since June 1999 . Index readings above 50 indicate that confidence is improving, while a figure below that threshold would signal the opposite. What happened: Home builders’ confidence increased throughout 2019. At this time a year ago, the confidence index was far lower at 58. The indicator of expectations for future sales over the next six months stayed the same at 79 points. The gauge of current single-family home sales dropped three points to 81, while the index that measures sentiment regarding prospective buyer traffic ticked up one point to 58. Regionally, home-builder sentiment im Show less Read more
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