U.S. homebuiler D.R. Horton raises full-year home sales forecast

In this article:

Jan 23 (Reuters) - U.S. homebuilder D.R. Horton Inc on Tuesday raised its forecast for full-year home sales, as declining mortgage rates ease affordability for homebuyers.

The largest U.S. homebuilder now expects full-year home sales to be in the range of 87,000 homes to 90,000 homes, compared with a prior expectation of 86,000 homes to 89,000 homes sold. (Reporting by Ananta Agarwal and Rupali Chaudhary in Bengaluru; Editing by Shweta Agarwal)

Advertisement