The company reports Q4: Homes delivered increased 17% to 3,978. Average selling price rose 3% to $501,000. Net orders and net order value for the quarter both increased by 41%, reaching 2,688 and $1.32 billion, respectively. Net order value grew in each of the Company’s four regions, with increases ranging from 21% in the Southwest to 60% in the Central region. Ending backlog homes totaled 4,434, compared to 5,510. Ending backlog value was $2.24 billion, compared to $2.67 billion. The Company’s ending community count grew 7% to 258, and the average community count for the quarter increased 8% to 256.
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