KB Home's chief executive said price appreciation was occurring in most markets. "KB Home's Profit Declines, Though Sales Soar -- 2nd Update," at 8:25 p.m. ET, and a previous update of the story, incorrectly said the executive said price depreciation was occurring.

(END) Dow Jones Newswires

September 25, 2015 13:44 ET (17:44 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.
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