Home Builder Pulte Says It Signed 2,674 Contracts In January, February

Date : 03/07/2011 @ 5:47PM
Source : Dow Jones News
Stock : Pultegrp., Inc. (PHM)
Quote : 22.7  0.5 (2.25%) @ 5:07PM

Home Builder Pulte Says It Signed 2,674 Contracts In January, February

Pulte Homes (NYSE:PHM)
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Home builder PulteGroup Inc. (PHM) inked 2,674 contracts in January and February, up from 2,415 a year earlier, the company said Monday.

"For the first two months of 2011, we have seen good traffic and signup rates in our communities," said Chief Executive Richard J. Dugas in a release. "We recorded 1,206 (contracts) in January and 1,468 (contracts) in February and realized a solid seasonal pickup in traffic, which increased 13% from month-to-month."

The numbers are slightly ahead of internal projections.

Shares of PulteGroup were up slightly at $6.57 in post-market trading.

-By Dawn Wotapka, Dow Jones Newswires; 212-416-2193; dawn.wotapka@dowjones.com

 
 



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