|
contents | business | |||||||||
| D.R. Horton fiscal first-quarter sales orders fall 28 pct D.R. Horton, Inc., America's Builder, the largest homebuilder in the United States, reported net sales orders for the first quarter ended December 31, 2006 of 8,771 homes ($2.3 billion), compared to 11,463 homes ($3.2 billion) for the same quarter of fiscal 2006. The company's cancellation rate (sales orders cancelled divided by gross sales orders) for the first quarter of fiscal 2007 was 33%, compared to 40% in the fourth quarter of fiscal 2006. write your comments about the article :: © 2007 Construction News :: home page |