KB Home stung by weak market, charges
KB Home, stung by falling home construction and more than $30 million in charges, reported Wednesday that its losses more than doubled in the second quarter.
View ArticleKB Home posts wider loss for fiscal 3Q
KB Home on Friday became the latest major homebuilder to report a surge in new home orders for the closing months of summer and said it anticipates the sales increase will continue next year.
View ArticleKB Home 4Q net income falls but tops expectations
KB Home’s fiscal fourth-quarter net income fell 20 percent on rising expenses, but revenue climbed on more home deliveries and a higher average selling price.
View ArticleKB Home posts smaller 1Q loss
KB Home says cancellations on contracts for new homes spiked in its fiscal first quarter, driving its home orders down 8 percent — not an encouraging sign heading into the spring home-selling season....
View ArticlePending sales of existing homes hold near two-year high
The number of Americans signing contracts to buy previously owned homes held in February near an almost two-year high, a sign that the real estate market may be stabilizing.
View ArticleJanuary home prices in U.S. fell at slower pace
Home prices in 20 U.S. cities dropped at a slower pace in January, pointing to stabilization in the real estate market.
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