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D.R. Horton lot costs increased 5% year over year, Rick Palacios Jr. notes

D.R. Horton lot costs increased 5% year over year, Rick Palacios Jr. notes
D.R. Horton lot costs rise 5 percent

Rick Palacios Jr. points out that land prices are often difficult to track due to a lack of transparent data. He refers to earnings commentary from D.R. Horton indicating that lot costs rose 5% year over year in the quarter, which he states aligns with findings from a recent residential land survey.

Palacios has previously detailed the methodology behind the Burns Under/Overpriced Market Index, which measures the spread between current and intrinsic home values here. In a separate report, he noted that Austin's single-family rent growth remains negative year-over-year but has shown steady improvement here. These findings provide additional context for his observations on land and lot costs.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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