Seeking Alpha

More from KB Home (KBH): Home deliveries +2% Y/Y. Average selling price +9% Y/Y - West Coast...

More from KB Home (KBH): Home deliveries +2% Y/Y. Average selling price +9% Y/Y - West Coast +33%, Central -8%. Backlogs rise to 2,962 homes from 2,422 homes. Net orders rose just 3% Y/Y, but their value rose 18%, suggesting the company is building in the right places. Shares +9.2% premarket.
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