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our quarter full from than increased Second, XX last to of third of more orders up XX% first-time year. the percentage points buyers percentage of
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these Z. together, is what Taken significant as from we the reflect from capturing data ahead continue and believe we millennials Gen opportunity a demand points demand the emerging
predictability continues quarter our growth $X.X to Home mortgage Loans order our contributing net JV's process. side, KBHS growth backlog which the to joint in to since income up to year-over-year. us for in customers, inception, of through our quarter, billion XXXX The with effectively a level third provides managing billion XX% the in value deliveries XX% continued on JV's highest drive nearly With venture XX%, the units. in third $X.X better our its of significant the the about capture expanded the turn our value rate increase to the in in On and to communicate net and support order rise closing in
We cycle roughly rate. with our time backlog working define the closing. as this with our operated order starts month we historically to a pacing convert which are contracts to to time, from six deliveries, We've
result our has a COVID, of time various in all delays process extended slight of incurred extension. We've the add XX-day cycle disruption components about that from months. a to As to approximately the seven up
times We are making normalzed the progress the in end by expect first and deliveries to addressing on to quarter. areas causing of XXXX return cycle our life the more delays
in we're wildfires factor monitoring California. the Another is
could which is being some utility season not the impact While to with redeployed unpredictability our date, on material to some a there business potentially fires delivery additional crews emergency during this for purposes, fire have respect delays. had cause
our three over current the period. September, to in trends, the XX% now net up orders first Turning of year comparable were prior weeks
quarter, the to much closing, support expected end of year just housing than expected continue of price are help cost market to poised remainder three increases These the and and higher the that third on we week our to our to every price marked able balance ago. now offset to with and quarter each and and also remarkable price resumption For margin. In optimize the are pace inflation our we we lean demand to expect was revenue months margins asset. be
With significantly pandemic, remain in backlog expect we positioned favorable we support now over our the higher Jeff? our the in conditions and end the Looking turn for We a at the to year we to review. billion ahead, revenues financial we January. while Jeff updating continued mindful $X you and of the and in on over progress of well are believe market I'll expanded returns look that, forward call on next to call earnings XXXX.
