Meritage Homes Reports January 2015 Order Statistics
February 24 2015 - 8:30AM
Business Wire
In anticipation of Meritage management’s meetings with investors
at conferences this week, Meritage Homes Corporation (NYSE: MTH) is
providing certain details regarding the Company’s total home orders
for the month of January 2015. Orders for 606 homes in January 2015
were 48% greater than the 409 orders for January 2014, resulting
from a 20% increase in average orders per community and a 24%
increase in average actively selling communities for the month.
All three operating regions increased January home orders and
average orders per community in 2015 over 2014:
- West region orders increased 39% with a
31% increase in average orders per community;
- Central region orders increased 6% with
a 22% increase in average orders per community, including a 15%
increase in Houston’s average orders per community;
- East region orders increased 146%,
primarily due to the addition of Atlanta and Greenville markets in
August 2014, combined with increased orders per community for
Florida, Tennessee and North Carolina.
About Meritage Homes Corporation
Meritage Homes is the eighth-largest public homebuilder in the
United States, based on homes closed in 2014. Meritage builds and
sells single-family homes for first-time, move-up, luxury and
active adult buyers across the Western, Southern and Southeastern
United States. Meritage builds in markets including Sacramento, San
Francisco's East Bay, the Central Valley and Orange County,
California; Houston, Dallas-Ft. Worth, Austin and San Antonio,
Texas; Phoenix/Scottsdale, Green Valley and Tucson, Arizona; Denver
and Fort Collins, Colorado; Orlando and Tampa, Florida; Raleigh and
Charlotte, North Carolina; Greenville-Spartanburg and York County,
South Carolina; Nashville, Tennessee; and Atlanta, Georgia.
Meritage has designed and built more than 85,000 homes in its
30-year history, and has a reputation for its distinctive style,
quality construction, and positive customer experience. Meritage is
the industry leader in energy-efficient homebuilding and has
received the U.S. Environmental Protection Agency's ENERGY STAR
Partner of the Year for Sustained Excellence Award in 2013 and
2014, for innovation and industry leadership in energy efficient
homebuilding. Meritage was the first national homebuilder to be 100
percent ENERGY STAR qualified in every home it builds, and far
exceeds ENERGY STAR standards today.
For more information, visit meritagehomes.com.
Meritage Homes CorporationBrent Anderson, 972-580-6360VP
Investor RelationsBrent.Anderson@meritagehomes.com
Meritage Homes (NYSE:MTH)
Historical Stock Chart
From Mar 2024 to Apr 2024
Meritage Homes (NYSE:MTH)
Historical Stock Chart
From Apr 2023 to Apr 2024