Why the Latest Housing Numbers Are Worse Than They Look [The Motley Fool]
D.R. Horton, Inc. (DHI)
Last d.r. horton, inc. earnings: 4/28 06:30 am
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Source: The Motley Fool
There's no doubt about it: March's housing numbers were awful.As reported by the U.S. Census Bureau and the Department of Housing and Urban Development on April 6, new home construction starts for single-family homes -- the sort provided byD.R. Horton(NYSE:DHINVRNYSE:NVRConsidering how disruptive the coronavirus has been to the overall U.S. economy, with more than 90% of Americans under stay-at-home or similar orders, that may seem like an indication that things aren't so bad. But the underlying context reveals bad news for homebuilders and other stocks that benefit from a strong housing market, likeHome DepotNYSE:HDLowe'sNYSE:LOWImage source: Getty Images.A historic slowdown in startsLet's put that 7.% number into context.First of all, it only refers to single-family homes. While that's the only number that may matter to homebuilders like D.R. Horton and NVR, it's not the only part of the housing market. Starts for new multi-family homes (like apartment complexes) with five or more u
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- D.R. Horton (NYSE:DHI) was upgraded by analysts at BTIG Research to a "strong-buy" rating.MarketBeat
DHI
Earnings
- 10/28/25 - Miss
DHI
Sec Filings
- 12/2/25 - Form 4
- 11/21/25 - Form 4
- 11/21/25 - Form 4
- DHI's page on the SEC website