A Fresh Boost for Homebuilders
Homebuilders have been bringing out the bad news for the last few months: buyers are nixing orders, the value of their land inventories has eroded, and profits are harder to come by. But recent indicators, such as the homebuilder D.R. Horton (DHI)'s earnings results on Jan. 23, have beat market expectations.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.