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REAL ESTATE INVENTORY

6 Months Ended

Jun. 30, 2022

Inventory Disclosure [Abstract]

REAL ESTATE INVENTORY

REAL ESTATE INVENTORY

The following table presents the components of inventory, net of applicable inventory valuation adjustments, as of the dates presented (in millions):

			June 30, 2022						December 31, 2021
Work in progress			$	1,669					$	1,971
Finished goods:
Listed for sale			4,068						2,325
Under contract for sale			891						1,800
Total real estate inventory			$	6,628					$	6,096

As of June 30, 2022, the Company was in contract to purchase 7,779 homes for an aggregate purchase price of $3.2 billion.

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- References

No definition available.

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- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-URI https://asc.fasb.org/topic&trid=2126998

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