Homebuilder

D.R. Horton

(DHI) - Get Report

said second-quarter net sales orders shot up 33%.

"March had the highest monthly sales in the company history, which led to record sales for the quarter. Our strong sales and record sales backlog position the company for another record year in fiscal year 2003," said Donald R. Horton, chairman of the board at Arlington, Texas-based Horton's.

The company said net sales orders for the quarter ended March 31 were $2.4 billion, or 10,548 homes, compared with $1.8 billion, or 8,617 homes, in the year-ago quarter.

Shares of the company closed at $21 Monday on the

New York Stock Exchange

.