D.R. Horton (DHI) Up on Strong Demand and Higher House Prices

Shares of Fort Worth, Texas-based D.R. Horton Inc. (DHI) rose on Tuesday, after reporting that the company has been charging more for the homes that it builds, and that sales are increasing as the company moves into what is traditionally the busiest time of the year for home sales. The stock price was up $2.06, or 9.84%, to $23.00 per share, on volume of more than 19.8 million shares.

D.R. Horton Inc. is the largest homebuilder in the United States. The company refers to itself as â

Published on Jan 29, 2014
By Kevin Mercadante

Copyrighted 2020. Content published with author's permission.

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