October 9, 2018 / 11:14 AM / 2 months ago

D.R. Horton sees 13 pct rise in 2018 home sales

Oct 9 (Reuters) - U.S. homebuilder D.R. Horton Inc said on Tuesday it expects to sell 51,857 homes in fiscal 2018, an increase of 13 percent from a year earlier.

Orders, a key indicator of future revenue for homebuilders, are expected to rise 13 percent to 52,740 homes, the company said. (Reporting by Arunima Banerjee in Bengaluru; Editing by Shailesh Kuber)

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