Today's Flooring News

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2016 Existing-Home Sales Mark Highest Rate in a Decade

2016 Existing-Home Sales Mark Highest Rate in a Decade

Washington, DC, January 24, 2017—Total existing-home sales finished 2016 at 5.45 million sales and surpassed 2015 (5.25 million) as the highest since 2006 (6.48 million), according to the National Association of Realtors. This marks the best year in a decade.

D.R. Horton's Net Incomes Rose 13% YOY in Q1 2017

D.R. Horton's Net Incomes Rose 13% YOY in Q1 2017

Fort Worth, TX, January 25, 2017—D.R. Horton reported that net income for its first fiscal quarter ended December 31, 2016 increased 31% to $206.9 million, or $0.55 per diluted share, from $157.7 million, or $0.42 per diluted share, in the same quarter of fiscal 2016.