Home builder MDC boosts earnings, net orders Premium Content

September orders down from one year ago

Inman News®

Major home builder MDC Holdings Inc. today announced a growth in net orders during the third quarter this year, a 21 percent year-over-year increase.

The company, with subsidiaries that build homes under the name Richmond American Homes, received orders, net of cancellations, for 3,551 homes and 12,929 homes, respectively, during the third quarter and first nine months of 2005, compared with net orders for 2,925 homes and 11,586 homes during the same periods in 2004.

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