Stock prices were up 2.4% in premarket trading. D.R. Horton is set to release its earnings report soon, and the below is a preview of what to expect. Stay tuned for more updates as this story develops. D.R. Horton is expected to report lower earnings for its first quarter when it releases its financial results on Tuesday. This would be a contrast to its earnings from last year.
Investors are betting on bonds after debt funds in 2022 posted their worst performance on record.
Home prices declined in October from the previous month as higher mortgage interest rates continued to weigh on home-buying demand.
At the start of 2022, the housing market was not what most people had anticipated.