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February 12, 2015

KB Home says new home orders up 25%

NEW YORK (AP) — KB Home says its orders for new homes in the first quarter jumped 25 percent compared with the same period a year ago.

The homebuilder says it received 1,499 orders in the quarter that ended last week, up from 1,201 a year earlier. In all, it says its orders were worth $519.2 million, up 26 percent from $413.7 million a year ago.


 
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