Homebuyers Cautious Due To ‘Continued Affordability Constraints And Declining Consumer Confidence:’ D.R. Horton Cuts Annual Outlook

D.R. Horton, Inc. (NYSE:DHI) reported second-quarter FY25 results on Thursday. Sales fell 15% year-over-year (Y/Y) to $7.73 billion, missing the consensus of $8.03 billion. EPS was $2.58, missing…