Size matters: tracking the economy through new-home square footage [MarketWatch]
D.R. Horton, Inc. (DHI)
Last d.r. horton, inc. earnings: 4/28 06:30 am
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Source: MarketWatch
Size matters: tracking the economy through new-home square footage The U.S. housing market may not be synonymous with the business cycle, as a famous 2007 paper proclaimed , but the ups and downs in housing, which represents a big part of the economy, usually do offer hints about what’s going on more broadly. That’s why economists closely watch housing market indicators like sales volumes and home prices — as well as how Americans are accessing the market and managing their obligations to mortgages , rental costs, taxes, and so on. But small details about the housing market can say just as much about how well Americans, and the broader economy, are doing. On Tuesday, Rob Dietz, chief economist for the National Association of Home Builders, posted a research note about one in particular: the size of newly-constructed single-family homes . As Dietz explained, “Typical new home size falls prior to and during a recession as home buyers tighten budgets, and then sizes rise as high-end home
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- D.R. Horton, Inc. (NYSE: DHI) had its price target lowered by analysts at Royal Bank of Canada from $142.00 to $141.00. They now have an "underperform" rating on the stock.MarketBeat
- D.R. Horton, Inc. (NYSE: DHI) had its price target lowered by analysts at Bank of America Co. from $182.00 to $168.00. They now have a "buy" rating on the stock.MarketBeat
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