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KB Home

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KB Home’s community count, which declined during second quarter 2016, due to fewer home openings, is expected to decline further in the third quarter of 2016. The company does not expect community count to recover till 2017 beginning. Though demand in Houston is stabilizing, it will take a while before it rebounds. However, healthy housing industry and strong demand trends in the markets served by KB Home in the first half 2016 drove the strong quarterly results.  It benefitted from strong backlogs in the previous quarters and broke the previous trend of soft revenues resulting from delays in construction and lower number of homes delivered in 2015.

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