Homebuilder D.R. Horton Rises, But Will Price Gains Slow?

As D.R. Horton (DHI), the nation's largest homebuilder by volume, reported strong results for its June-ending quarter Tuesday, sending shares up 3%, a leading housing expert warned that the rate of home-price gains would likelier slow than accelerate the next two years. David Blitzer, chairman of the Index Committee at S&P Dow Jones Indices, says prices are increasing twice as fast as inflation or wages and that first-time buyers are still "the

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