When Treasury prices drop, yields move higher. When that happens, mortgage rates go up, and so does the cost of buying a home.
Smaller builders are trading near or below book value, and all have relatively small market capitalizations.
Berkshire Hathaway has upped its bet on the U.S. housing market, and also boosted its stakes in Alphabet and Delta Air Lines.
US stock markets are standing at a crucial inflection point as investors brace for the release of the July Consumer Price Index (CPI) report. Wall Street consensus estimates project headline inflation to cool slightly to 3.4% year-over-year – down from June's 3.5% reading – while core inflation, excluding volatile food and energy costs, is expected to ease to 2.5%.
The homebuilder cut its revenue outlook for the fiscal year as sluggish buyer demand and supply issues continue to weigh on builder sentiment
ARLINGTON, Texas--(BUSINESS WIRE)---- $DHI #earnings--D.R. Horton reported net income for the third fiscal quarter of 2026 of $904.9 million and earnings per diluted share of $3.20.
As home sales remain constrained, investors will watch for signs that builders' profit margins are finished compressing.