Market Updates
KB Home Average Home Selling Price Rises to $490,000
Scott Peters
24 Mar, 2022
New York City
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KB Home said fiscal quarter revenues rose 23% to $1.49 billion and earnings increased 38% to $134.3 million and earnings per share rose 44% to $1.47. The home builder delivered 2,868 new homes, an increase of 22% but said labor shortage and supply chain issues intensified in the quarter.
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