Reports Q1: Average selling price was $480,100, compared to $494,500 y/y, net orders up 55% y/y to 3,323, Net Order Value up 58% y/y to $1.58B. The number of homes in the company’s ending backlog totaled 5,796, compared to 7,016. Ending backlog value was $2.79B, compared to $3.31B. Ending backlog homes and value each increased 5% from the previous quarter.
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