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-0.000227169468423399 0.000454338936846797 -0.000908677873693756 -0.000795093139482138 0.000227169468423399 0.00272603362108127 0.00124943207632893 -0.000681508405270357
Stock impact report

U.S. home-builder confidence hits a seven-month high in May [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 hits a 7-month high in May as housing market headwinds ease The numbers: The National Association of Home Builders’ monthly confidence index jumped three points to 66 in May, the trade group said Wednesday . That was the highest reading since October. The May increase beat the Econoday consensus for a one-point rise. Any reading over 50 signals improvement. What happened: Builder confidence slid throughout 2018 as conditions in the housing market darkened , but it's perked up over the past few months. In May, the index sub-gauge that tracks current sales conditions jumped three points to 72, the component that measures expectations over the next six months ticked one point higher to 72, and the index of buyer traffic rose two points to 49. Related: Housing market is tipping in favor of buyers, real-estate agents say Big picture: Economists use the NAHB’s index as a gauge of likely home building industry activity. If builders are more confident in market Show less Read more
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