Ryland Reports Net Unit Orders for July and August
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--
Ryland Homes announced today that unit orders, net of cancellations,
were 336 and 301 in July and August of 2011, respectively, compared to
257 and 254 for July and August of 2010. The order improvement was
largely driven by a 21% year-over-year increase in active community
count to start the quarter.
Headquartered in Southern California, Ryland is one of the nation's
largest homebuilders and a leading mortgage-finance company. Since its
founding in 1967, Ryland has built more than 294,000 homes and financed
more than 248,000 mortgages. The Company currently operates in 13 states
across the country and is listed on the New York Stock Exchange under
the symbol "RYL." For more information, please visit www.ryland.com.
The Ryland Group, Inc.
Drew Mackintosh, 805-367-3722
VP,
Investor Relations and Corporate Communications
Drew.mackintosh@ryland.com
www.ryland.com
Source: The Ryland Group, Inc.
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