LGI Homes’ Closings Up 7.3% in June

Reports 29.4% jump for first six months of 2016.

LGI Homes, Inc. (Nasdaq:LGIH), The Woodlands, Tx., late Wednesday announced 355 homes closed in June 2016, up from 331 home closings in June 2015, representing year-over-year growth of 7.3%.

The company also announced record-breaking quarterly home closings of 1,128 for the second quarter of 2016, finishing out the first six months of the year with 1,972 home closings, a 29.4% increase over 1,524 home closings during the first six months of 2015.

As of the end of June 2016, the Company had 56 active selling communities.

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