LGI Homes, Inc. Reports Record Home Closings for May 2017
June 05 2017 - 5:18PM
LGI Homes, Inc. (Nasdaq:LGIH) today announced an all-time record
for home closings during a single month in May 2017, surpassing its
previous record set in December 2016. Home closings for May 2017
totaled 523, up from 432 homes closed in May 2016, representing
year-over-year growth of 21.1%. The Company ended the first five
months of 2017 with 1,649 home closings, compared to 1,617 home
closings during the first five months of 2016.
As of the end of May 2017, the Company had 72 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 and Tennessee. The Company has a notable
legacy of more than 14 years of homebuilding operations, over which
time it has closed over 17,000 homes. For more information about
the Company and its new home developments, please visit the
Company's website at www.LGIHomes.com.
CONTACT:
Investor Relations
Caitlin Stiles, (281) 210-2619
InvestorRelations@LGIHomes.com
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