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Century Communities beats Q2 delivery guidance and posts 20% adjusted margin

The homebuilder delivered 2,506 closings in Q2, reported a 20% adjusted homebuilding gross margin, and said selling communities hit a company record 330.

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Century Communities exceeded its second-quarter 2026 delivery guidance, reporting 2,506 closings and a 20% adjusted homebuilding gross margin, HousingWire reported. The outlet said management pointed to broad operating gains rather than a single catalyst, including record selling communities and lower direct construction costs.

HousingWire also highlighted that ARMs were nearing 35% of originations, alongside construction cost declines and improving cycle times. The company said it kept spec inventory tightly managed and expanded mortgage products aimed at improving affordability.

Additional operating metrics cited by HousingWire included orders rising 3% from a year earlier and 10% sequentially. Selling communities reached 330, a company record, and book value per share climbed to $90.24, also described as a company record.

HousingWire noted that executives framed the quarter as part of efforts to improve multiple parts of the operating system at once, with management attributing financial results to coordinated operational improvements. The outlet also referenced falling construction costs, improving cycle times, and ongoing land investment despite uncertainty.

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