Rising housing market inventory isn't hurting builders yet, says CEO of America's largest homebuilder
Fast Company - 2024-04-28T09:00:00.000Z

Want more stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the free, daily ResiClub newsletter. On the company’s most recent earnings call, an analyst asked D.R. Horton CEO Paul Romanowski how the nation’s rising housing market inventory—which in March 2024 was 24% higher than March 2023, although still 37.7% below March 2019—are impacting the nation’s largest homebuilder. Romanowski acknowledged that there’s more housing market inventory today than there has been in the...

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In related news

Fair to say America isn’t gripped by Liz Trussmania. Here’s what she can learn from Mr Bean

Suge Knight Says 2Pac’s Voice Next to Snoop’s on Drake’s Diss Track Isn’t a ‘Good Look’

This isn’t ‘some brink’ for the U.S. consumer despite economic data, says TCW