July 28 (Reuters) - No.1 U.S. homebuilder D.R. Horton Inc on Tuesday reported an about 10% rise in quarterly revenue, as record-low mortgage rates and a shift towards suburban living sparked by the coronavirus crisis helped boost sales.
Net income attributable to D.R. Horton rose about 33% to $630.7 million, or $1.72 per share, in the third quarter ended June 30, due to a $38.1 million income tax benefit.
Total revenue rose to $5.39 billion, from $4.91 billion. (Reporting by Ankit Ajmera in Bengaluru; Editing by Ramakrishnan M.)