Araverus Team|Tuesday, January 20, 2026 at 12:05 PM
Araverus Team
Jan 20, 2026 · 12:05 PM
Affordability · D.R. Horton · Housing Market · Profit Decline
D.R. Horton recorded a lower first-quarter profit as affordability concerns continued to put off home buyers, hurting sales and forcing the company to offer big incentives.
State Street logged lower profit in the fourth quarter, despite achieving what it called record revenue, as expenses jumped.
The industry’s financial well-being is at odds with the experience of customers who have endured large rate increases.
Young Americans need home prices to fall. Existing owners don’t want to take a hit.
Sales edged down to 737,000 in October last year, from 738,000 in September, but up from a downwardly revised 711,000 in August.
