LGI Homes Reports April 2021 Home Closings
LGI Homes (NASDAQ: LGIH) reported strong growth in home closings, achieving 948 homes in April 2021, a 56.7% increase from 605 homes in April 2020. The company also closed 3,509 homes in the first four months of 2021, marking a 43.8% rise compared to 2,440 homes in the same period last year. As of April 30, 2021, LGI Homes operated 105 active selling communities. Established in 2003, the company is ranked 10th among residential builders in the U.S. based on units closed.
- Home closings increased by 56.7% year-over-year in April 2021.
- Total closings for the first four months of 2021 rose by 43.8% compared to 2020.
- LGI Homes maintains 105 active selling communities.
- None.
THE WOODLANDS, Texas, May 05, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 948 homes in April 2021, up from 605 homes closed in April 2020, representing year-over-year growth of
As of April 30, 2021, the Company had 105 active selling communities.
About LGI Homes, Inc.
Headquartered in The Woodlands, Texas, LGI Homes, Inc. engages in the design, construction and sale of homes in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, Nevada, West Virginia, Virginia and Pennsylvania. Since 2018, LGI Homes has been ranked as the 10th largest residential builder in the United States based on units closed. The Company has a notable legacy of more than 18 years of homebuilding operations, over which time it has closed more than 45,000 homes. For more information about the Company and its new home developments, please visit the Company’s website at www.lgihomes.com.
CONTACT:
Joshua D. Fattor
Vice President of Investor Relations
(281) 210-2619
investorrelations@lgihomes.com
FAQ
What were LGI Homes' home closing numbers in April 2021?
How much did LGI Homes' closings grow in the first four months of 2021?
How many active selling communities does LGI Homes have?
