DHI · News · 20261102N

Home Closings and Orders

HORTON D R INC /DE/ · 2026-11-02 · Importance 31 · Surprise 32

D.R. Horton faced weaker homebuyer demand amid elevated mortgage rates and affordability pressures. Fiscal fourth-quarter net sales orders decreased 7% year over year, while home closings declined 2% to 22,915. Management also reported that housing starts fell 45% sequentially as the company adjusted inventory to weaker demand. The average closing price was $365,600, below the U.S. new-home average.

Key facts

• D.R. Horton’s homes closed declined 2% to 22,915. source
• D.R. Horton’s average closing price was $365,600, 27% below the U.S. new-home average in the fourth quarter. source