LGI Homes reports 52.8% Q/Q growth in home closings for Q2; June home closings of 571

Miniature wooden houses and red arrow up. The concept of increasing the cost of housing. High demand for real estate. The growth of rent and mortgage rates. Sale of apartments. Population grows — Andrii Yalanskyi/iStock via Getty Images

Homebuilder LGI Homes (NASDAQ:LGIH) on Wednesday said it had closed 571 homes in June, compared to 579 homes closed in May.
For Q2, LGIH said it closed 1,655 homes, up 52.82% from the 1,083 homes closed in Q1 2024.
The company said as of June 30, it had 128 active selling communities, down by two from May.
The company will release financial results for the second quarter on June 30, before the market opens.

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