PulteGroup quarterly profit quadruples as home sales climb

, Bloomberg


PulteGroup has lowered costs to boost profitability as demand for new houses is rising and inventories of existing properties tighten and mortgage rates hover near record lows. New-home sales jumped 20 percent last year to the highest since 2009.

What's being said

Comments are not moderated. To report offensive comments, click here.

Preparing comment abuse report for Article #1202586490501

Thank you!

This article's comments will be reviewed.