Industry News

D.R. Horton reports quarterly loss

Tightened market, high inventory levels continue to challenge home builder
Published on Jul 26, 2007

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by CareyBot

D.R. Horton, one of the largest home builders in the U.S., on Thursday reported its first quarterly loss in a decade on plunging sales and a land write-off. The company’s net loss for fiscal third quarter ended June 30 was ...