DHI · News · 20261030N

Home Closings and Orders

HORTON D R INC /DE/ · 2026-10-30 · Importance 25 · Surprise 32

D.R. Horton closed 22,915 homes in fiscal Q4 2026, down 2% year over year, while net sales orders fell 7%. Reporting attributed weaker buyer demand to rising mortgage rates and affordability constraints, alongside cautious consumer sentiment and elevated sales incentives. The company expects affordability pressures and mortgage rates to continue influencing fiscal 2027 demand; its call highlights said it plans to manage pricing and incentives at the community level.

Key facts

• D.R. Horton closed 22,915 homes in fiscal Q4, down 2% from the prior year, and net sales orders fell 7%. source