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America's Largest Homebuilder Forecasts a Strong Housing Market Over the Next 5 Years

America's Largest Homebuilder Forecasts a Strong Housing Market Over the Next 5 Years

America's biggest homebuilder, D.R. Horton (NYSE: DHI), recently reported and the common thread is a massive uptick in demand and orders. This means that D.R. Horton should see a continuation of its recent growth for the forseeable future. The United States Census Bureau just reported that the homeownership rate in the second quarter of 2020 increased to 67.9%, compared to 64.1% in the first quarter of 2020.