(Reuters) – U.S. homebuilder D.R. Horton Inc on Tuesday raised its forecast for full-year home sales, as declining mortgage rates ease affordability for homebuyers.
The largest U.S. homebuilder now expects full-year home sales to be in the range of 87,000 homes to 90,000 homes, compared with a prior expectation of 86,000 homes to 89,000 homes sold.
(Reporting by Ananta Agarwal and Rupali Chaudhary in Bengaluru; Editing by Shweta Agarwal)
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