The home building market’s recovery is apparent in Scottsdale-based Meritage Homes' quarterly earnings.
The builder’s revenue climbed to $330.7 million for the first quarter of the year, a 62 percent increase from the $204 million it earned in the same period in 2012.
Meritage earned $12 million during the first three months of this year, after losing $4.7 million in the first quarter of 2012.
Read more: Scottsdale-based Meritage 1Q earnings rebound
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