KB Home posts record revenue Premium Content

Third-quarter totals up 24% over same period last year

Inman News®

Homebuilder KB Home this week announced record financial results for the third quarter, with total revenues reaching $1.75 billion, up 21 percent from third-quarter 2003 results. Housing revenues increased 24 percent from third quarter 2003 to third quarter 2004, to $1.72 billion, the company also announced.

The average selling price rose 5 percent in that time, to $214,400, and housing unit deliveries were up 17 percent to 8,041 units.

Some other KB Home third-quarter statistics:

more...

To view this premium content sign in to your Premium Membership Premium Member account.

Premium Membership Premium Members have full access to all news archives & premium content.

Purchase Professional Membership for $199/year OR
Premium+ Membership for $149/year OR
News Membership for $69/year

Buy Now

Share with REmessenger