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LGIH - LGI Homes reports 31% rise in June home closings
LGI Homes Inc.
LGI Homes (LGIH) has closed 997 homes in June 2021, up 31.2% Y/Y from 760 homes in June 2020.In addition, the Company announced 2,856 quarterly closings in Q2 2021 compared to 2,005 in Q2 2020, a 42.4% increase over prior year.The Company finished H1 2021 with a total of 5,417 closings, +41.1% Y/Y. As of June 30, 2021, the Company had 106 active selling communities. The Company plans to release financial results for Q2 ended June 30, 2021 before the market opens on August 3, 2021.