NYSE:DHIConsumer Durables
D.R. Horton (DHI) Is Up 5.4% After Congress Passes Road to Housing Act
Earlier this week, both chambers of Congress passed the bipartisan 21st Century ROAD to Housing Act, aimed at expanding U.S. housing supply by easing regulatory constraints and modernizing development rules nationwide.
This federal push to streamline approvals and reduce red tape could unlock more buildable lots and longer-term construction activity for large homebuilders such as D.R. Horton.
We’ll now assess how this federal effort to cut housing development red tape could influence D.R...