Market Data 
(Reuters) – D.R. Horton posted a rise in quarterly profit on Thursday, as historically low U.S. housing supply lifted sales of new homes even as mortgage rates remained elevated.
The largest U.S. homebuilder’s net income rose to $1.4 billion, or $4.10 per share, in the third quarter ended June, from $1.3 billion, or $3.90 per share, a year earlier.
The company also approved a new share buyback authorization totaling $4 billion.
