LGI’s July Closings Fall Off

Still, the builder's 2016 deliveries rise.

Woodlands, Texas-based LGI Homes announced Wednesday that it closed 306 homes in July 2016, compared to 311 home closings in July 2015. However, the entry-level builder ended the first seven months of 2016 with 2,278 home closings, a 24.1% increase over 1,835 home closings during the first seven months of 2015.

As of the end of July 2016, the Company had 58 active selling communities.

About the Author

Les Shaver

Les Shaver is a former deputy editor for the residential construction group. He has more than a decade's experience covering multifamily and single-family housing.

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