Beazer Homes reported a narrower fiscal-second-quarter loss Wednesday as the builder recorded a surge in home closings and sounded a hopeful note for the months ahead.
The Atlanta-based company, one of the largest home builders in the U.S., said its closings climbed 50% in the latest period to 844 homes. New orders, meanwhile, climbed 29% to 1,512 homes.
The results come as the U.S. housing market has begun to show signs of emerging from the worst downturn in generations, albeit in fits and starts, as buyers get back into the game.