Exhibit 99.1

M.D.C. HOLDINGS, INC.

NEWS BULLETIN

M.D.C. HOLDINGS, INC.

FOR IMMEDIATE RELEASE
FRIDAY, FEBRUARY 11, 2011

Contact:		Robert N. Martin Investor Relations (720) 977-3431 bob.martin@mdch.com

     2010 FOURTH QUARTER

	•		Loss before taxes of $35.1 million vs. $15.4 million in Q4 2009
	•		Asset impairments of $17.9 million vs. $14.0 million in Q4 2009
	•		Net loss of $30.0 million or $0.65 per share
	•		Closings decreased 22% to 865 homes
	•		Net orders decreased 19% to 519 homes
	•		Backlog increased 2% to 842 homes at 12/31/10
	•		Secured control of 1,448 lots; 26 new communities
	•		Active subdivisions increased 11% to 148

     2010 FULL YEAR

	•		Loss before taxes of $70.6 million vs. $107.3 million in 2010
	•		Asset impairments of $21.6 million vs. $31.0 million in 2010
	•		Net loss of $64.8 million; $1.40 per share
	•		Closings increased 8% to 3,245 homes
	•		Net orders decreased 1% to 3,261 homes
	•		Secured control of 7,861 lots; 130 new communities

DENVER, Friday, February 11, 2011 — M.D.C. Holdings, Inc. (NYSE: MDC) today reported a net loss for the 2010 fourth quarter of $30.0 million, or $0.65 per share, compared with net income for the 2009 fourth quarter of $127.2 million, or $2.68 per share. The fourth quarter 2009 net income reflected the positive impact of a non-recurring $142.6 million income tax benefit due to a change in federal tax law.

M.D.C. HOLDINGS, INC.

For the year ended December 31, 2010, net loss was $64.8 million, or $1.40 per share, compared with net income for the year ended December 31, 2009 of $24.7 million, or $0.52 per share.

Management Comments

Larry A. Mizel, MDC’s chairman and chief executive officer, stated, “While difficult conditions persisted for the homebuilding industry in 2010, we are proud to highlight a number of our achievements. After securing control of 130 new communities across the country, including 26 in the fourth quarter, we increased our active subdivision count for the first time in four years. In addition, on the strength of an increase in home closings, our revenue increased for the first time in five years, and we improved our loss before tax for the third consecutive year.”

Mizel continued, “We also made improvements to our operations that will help our business for the long-term, although the benefits are not readily apparent in our 2010 financial statements. We successfully implemented our new enterprise resource planning system in both our corporate office and two divisional offices. When fully implemented, this technology platform is expected to drive consistency to core processes across divisions and improve coordination between departments, thereby increasing business efficiencies and reducing operating costs. We also expect our new system to provide better accessibility to real-time operating data, giving our management team enhanced tools for making decisions on a day-to-day basis. While the implementation of this system has caused us to incur higher overhead costs for the short-term, we believe that it will help us to achieve improved operating leverage in the long-term.”

Mizel concluded, “We are committed to expediting our Company’s return to profitability. In the fourth quarter of 2010, the Company eliminated more than 100 positions from our operating structure, which should result in significant savings to our Company. In addition, we are focused on maximizing gross margin through the continued deployment of our new product across the country, combined with an increased focus on inventory management. Coupled with our increased community count, these investments and decisions form a strong foundation for our goal of substantially improving our operating results.”

Fourth Quarter Highlights

Home closings for the fourth quarter ended December 31, 2010 declined to 865 homes with an average selling price of $291,700, compared with home closings of 1,109 homes with an average selling price of $268,400 during the same period in 2009. The decrease in closings is attributable to a year-over-year decrease in beginning backlog and an increase in the number of cancellations received for the fourth quarter of 2010.

Total revenue for the fourth quarter of 2010 was $259.6 million, compared with revenue of $323.9 million for the same period in 2009. The decrease in revenue was driven primarily by the 22% decrease in home closings and a decrease in land sales revenue, which partially was offset by the 9% year-over-year increase in average selling price.

M.D.C. HOLDINGS, INC.

Net orders for the fourth quarter ended December 31, 2010 decreased to 519 homes with an estimated sales value of $150 million, compared with net orders for 637 homes with an estimated sales value of $183 million during the same period in 2009. The decrease in net orders is attributable to an increase in our cancellation rate for the quarter, which rose to 46% from 30% during the fourth quarter of 2009. The increased cancellation rate was driven primarily by an increase in cancellations from buyers who were unable to sell an existing home or had difficulty qualifying for a mortgage.

We ended the 2010 fourth quarter with 842 homes under contract with an estimated sales value of $269 million, compared with a backlog of 826 homes with an estimated sales value of $265 million at December 31, 2009.

Home gross margin in the 2010 fourth quarter was 17.0% as compared with 18.8% in the 2009 fourth quarter. Excluding interest expense and warranty adjustments, home gross margin decreased to 16.5% in the fourth quarter of 2010 as compared with 20.3% in the fourth quarter of 2009. The decrease is primarily the result of sizeable incentives used during the last half of the year to drive a higher sales velocity, especially for older homes in our inventory, combined with an increase in land costs relative to home sales revenue from 18% in the 2009 fourth quarter to 23% in the 2010 fourth quarter. The increase in incentives and land costs was partially offset by an increase in revenue from options and a decrease in construction costs, both relative to home sales revenue.

The estimated home gross margin in backlog at the end of the fourth quarter was roughly equal to the estimated home gross margin in backlog to start the quarter, reflecting our ongoing use of elevated incentives, with a continued focus on selling older homes in our inventory.

General and administrative expenses increased to $42.9 million for the quarter ended December 31, 2010, compared with $40.5 million for the same period in the prior year. The increase was driven primarily by a $4.1 million increase in insurance reserves during the fourth quarter of 2010, compared with a $3.1 million decrease in insurance reserves during the fourth quarter of 2009, partially offset by a $4.5 million decrease in legal expense.

Marketing and commissions costs were $21.0 million in the fourth quarter of 2010, compared with $20.9 million in the fourth quarter of 2009, as a $1.4 million decrease in commissions expense was offset by a $1.5 million increase in costs related to signage. The Company also recognized $17.9 million of asset impairments during the quarter, compared with $14.0 million incurred in the fourth quarter of 2009.

M.D.C. HOLDINGS, INC.

Full Year Highlights

Home closings for the year ended December 31, 2010 totaled 3,245 homes with an average selling price of $283,800, compared with home closings of 3,013 homes with an average selling price of $277,800 during the same period in 2010.

Total revenue for the 2010 full year was $958.7 million, compared with $898.3 million in 2009. The improvement was driven by the 8% increase in home closings and the 2% increase in average selling price, partially offset by a decrease in land sales revenue.

Net orders for the year ended December 31, 2010 decreased to 3,261, compared with net orders of 3,306 during 2009.

About MDC

Since 1972, MDC’s subsidiary companies have built and financed the American dream for more than 165,000 families. MDC’s commitment to customer satisfaction, quality and value is reflected in each home its subsidiaries build. MDC is one of the largest homebuilders in the United States. Its subsidiaries have homebuilding operations across the country, including Denver, Colorado Springs, Salt Lake City, Las Vegas, Phoenix, Tucson, California, Northern Virginia, Maryland, Philadelphia/Delaware Valley and Jacksonville. The Company’s subsidiaries also provide mortgage financing, insurance and title services, primarily for Richmond American homebuyers, through HomeAmerican Mortgage Corporation, American Home Insurance Agency, Inc. and American Home Title and Escrow Company, respectively. M.D.C. Holdings, Inc. is traded on the New York Stock Exchange under the symbol “MDC.” For more information, visit www.mdcholdings.com.

Forward-Looking Statements

Certain statements in this release, including statements regarding our business, financial condition, results of operation, cash flows, strategies and prospects, constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among other things, (1) general economic conditions, including changes in consumer confidence, inflation or deflation and employment levels; (2) changes in business conditions experienced by the Company, including cancellation rates, net home orders, home gross margins, and land and home values; (3) changes in interest rates, mortgage lending programs and the availability of credit; (4) changes in the market value of the Company’s investments in marketable securities; (5) uncertainty in the mortgage lending industry, including repurchase requirements associated with HomeAmerican’s sale of mortgage loans (6) the relative stability of debt and equity markets; (7) competition; (8) the availability and cost of land and other raw materials used by the Company in its homebuilding operations; (9) the

M.D.C. HOLDINGS, INC.

availability and cost of performance bonds and insurance covering risks associated with our business; (10) shortages and the cost of labor; (11) weather related slowdowns; (12) slow growth initiatives; (13) building moratoria; (14) governmental regulation, including the interpretation of tax, labor and environmental laws; (15) changes in consumer confidence and preferences; (16) terrorist acts and other acts of war; and (17) other factors over which the Company has little or no control. Additional information about the risks and uncertainties applicable to the Company’s business is contained in the Company’s Form 10-K for the fiscal year ended December 31, 2010, which is scheduled to be filed with the Securities and Exchange Commission today. All forward-looking statements made in this press release are made as of the date hereof, and the risk that actual results will differ materially from expectations expressed in this press release will increase with the passage of time. The Company undertakes no duty to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. However, any further disclosures made on related subjects in our subsequent filings, releases or webcasts should be consulted.

M.D.C. HOLDINGS, INC.
Consolidated Statements of Operations
(In thousands, except per share amounts)
(Unaudited)

		Three Months								Year Ended
		December 31,								December 31,
		2010				2009				2010				2009
REVENUE
Home sales revenue		$	252,302			$	297,702			$	921,022			$	837,054
Land sales revenue			(735	)			16,744				5,883				30,730
Other revenue			7,999				9,433				31,750				30,519
Total Revenue			259,566				323,879				958,655				898,303
COSTS AND EXPENSES
Home cost of sales			209,434				241,815				745,085				686,854
Land cost of sales			(617	)			12,764				5,366				25,038
Asset impairments			17,929				13,977				21,647				30,986
Marketing expenses			11,596				9,978				41,322				36,371
Commission expenses			9,437				10,883				34,255				31,002
General and administrative expenses			42,933				40,504				166,993				162,485
Other operating expenses			1,310				1,492				3,147				5,643
Related party expenses			6				1,004				15				1,018
Total Operating Costs and Expenses			292,028				332,417				1,017,830				979,397
LOSS FROM OPERATIONS			(32,462	)			(8,538	)			(59,175	)			(81,094	)
Other income (expense)
Interest income			7,060				2,394				26,573				12,157
Interest expense			(9,813	)			(9,244	)			(38,623	)			(38,582	)
Gain on sale of other assets			149				7				624				184
LOSS BEFORE TAXES			(35,066	)			(15,381	)			(70,601	)			(107,335	)
Benefit from (provision for) income taxes, net			5,092				142,543				5,831				132,014
NET INCOME (LOSS)		$	(29,974	)		$	127,162			$	(64,770	)		$	24,679
EARNINGS (LOSS) PER SHARE
Basic		$	(0.65	)		$	2.71			$	(1.40	)		$	0.52
Diluted		$	(0.65	)		$	2.68			$	(1.40	)		$	0.52
DIVIDENDS DECLARED PER SHARE		$	0.25			$	0.25			$	1.00			$	1.00

M.D.C. HOLDINGS, INC.
Consolidated Balance Sheets
(Dollars in thousands, except per share amounts)
(Unaudited)

		December 31,
		2010				2009
Assets
Cash and cash equivalents		$	572,225			$	1,234,252
Marketable securities			968,729				327,944
Restricted cash			420				476
Receivables
Home sales receivables			8,530				10,056
Income taxes receivable			2,048				145,144
Other receivables			9,432				5,844
Mortgage loans held-for-sale, net			65,114				62,315
Inventories, net
Housing completed or under construction			372,422				260,324
Land and land under development			415,237				262,860
Property and equipment, net			40,826				38,421
Deferred tax asset, net of valuation allowance of $231,379 and $208,144 at December 31, 2010 and 2009, respectively			—				—
Related party assets			7,393				7,856
Prepaid expenses and other assets, net			85,393				73,816
Total Assets		$	2,547,769			$	2,429,308
Liabilities
Accounts payable		$	35,018			$	36,087
Accrued liabilities			260,729				291,969
Related party liabilities			90				1,000
Mortgage repurchase facility			25,434				29,115
Senior notes, net			1,242,815				997,991
Total Liabilities			1,564,086				1,356,162
Commitments and Contingencies
Stockholders’ Equity
Preferred stock, $0.01 par value; 25,000,000 shares authorized; none issued or outstanding			—				—
Common stock, $0.01 par value; 250,000,000 shares authorized; 47,198,000 and 47,142,000 issued and outstanding, respectively, at December 31, 2010 and 47,070,000 and 47,017,000 issued and outstanding, respectively, at December 31, 2009			472				471
Additional paid-in-capital			820,237				802,675
Retained earnings			158,749				270,659
Accumulated other comprehensive income			4,884				—
Treasury stock, at cost; 56,000 and 53,000 shares at December 31, 2010 and December 31, 2009, respectively			(659	)			(659	)
Total Stockholders’ Equity			983,683				1,073,146
Total Liabilities and Stockholders’ Equity		$	2,547,769			$	2,429,308

M.D.C. HOLDINGS, INC.
Information on Segments
(Dollars in thousands)
(Unaudited)

		Three Months Ended								Year Ended
		December 31,								December 31,
		2010				2009				2010				2009
REVENUE
Homebuilding
West		$	87,183			$	156,638			$	333,746			$	407,157
Mountain			106,536				83,617				352,441				247,337
East			50,119				63,382				212,585				176,386
Other Homebuilding			12,060				16,377				45,197				54,086
Total Homebuilding			255,898				320,014				943,969				884,966
Financial Services and Other			7,778				9,171				30,474				28,318
Corporate			—				(40	)			—				10
Inter-company adjustments			(4,110	)			(5,266	)			(15,788	)			(14,991	)
Consolidated		$	259,566			$	323,879			$	958,655			$	898,303
(LOSS) INCOME BEFORE INCOME TAXES
Homebuilding
West		$	(3,702	)		$	13,335			$	9,909			$	19,144
Mountain			(5,593	)			(6,886	)			1,059				(15,686	)
East			(1,866	)			(1,085	)			91				(9,789	)
Other Homebuilding			(1,243	)			(459	)			(3,140	)			(4,691	)
Total Homebuilding			(12,404	)			4,905				7,919				(11,022	)
Financial Services and Other			38				6,061				10,299				5,953
Corporate			(22,700	)			(26,347	)			(88,819	)			(102,266	)
Consolidated		$	(35,066	)		$	(15,381	)		$	(70,601	)		$	(107,335	)
INVENTORY IMPAIRMENTS
West		$	14,338			$	1,605			$	17,971			$	14,955
Mountain			1,519				10,114				1,519				10,559
East			990				—				990				2,475
Other Homebuilding			715				334				715				1,147
Consolidated		$	17,562			$	12,053			$	21,195			$	29,136
		December 31,
		2010				2009
TOTAL ASSETS
Homebuilding
West		$	300,652			$	190,204
Mountain			311,833				237,702
East			188,693				112,964
Other Homebuilding			40,554				26,778
Total Homebuilding			841,732				567,648
Financial Services and Other			135,286				133,957
Corporate			1,573,408				1,773,660
Inter-company adjustments			(2,657	)			(45,957	)
Consolidated		$	2,547,769			$	2,429,308

M.D.C. HOLDINGS, INC.
Selected Financial Data
(Dollars in thousands)
(Unaudited)

		Three Months Ended																Year Ended
		December 31,								Change								December 31,								Change
		2010				2009				Amount				%				2010				2009				Amount				%
SELECTED FINANCIAL DATA
General and Administrative Expenses
Homebuilding		$	15,149			$	20,020			$	(4,871	)			-24	%		$	69,475			$	66,284			$	3,191				5	%
Financial Services and Other			8,623				3,561				5,062				142	%			22,890				24,207				(1,317	)			-5	%
Corporate (1)			19,167				17,927				1,240				7	%			74,643				73,012				1,631				2	%
Total		$	42,939			$	41,508			$	1,431				3	%		$	167,008			$	163,503			$	3,505				2	%
SG&A as a % of Home Sales Revenue
Homebuilding Segments			6.0	%			6.7	%			-0.7	%							7.5	%			7.9	%			-0.4	%
Corporate Segment (1)			7.6	%			6.0	%			1.6	%							8.1	%			8.7	%			-0.6	%
Depreciation and Amortization (2)		$	5,137			$	4,329			$	808				19	%		$	16,943			$	14,457			$	2,486				17	%
Home Gross Margins (3)			17.0	%			18.8	%			-1.8	%							19.1	%			17.9	%			1.2	%
Interest in Home Cost of Sales as a % of Home Sales Revenue			-2.7	%			-2.3	%			-0.4	%							-2.6	%			-3.7	%			1.1	%
Cash Provided by (Used in)
Operating Activities		$	(71,490	)		$	(42,052	)		$	(29,438	)			70	%		$	(209,081	)		$	202,454			$	(411,535	)			-203	%
Investing Activities		$	(47,340	)		$	(178,054	)		$	130,714				-73	%		$	(644,466	)		$	(224,992	)		$	(419,474	)			-186	%
Financing Activities		$	2,494			$	5,483			$	(2,989	)			55	%		$	191,520			$	(47,938	)		$	239,458				500	%
Corporate and Homebuilding Interest
Interest capitalized, net of interest expense		$	9,064			$	5,456			$	3,608				66	%		$	33,919			$	19,810			$	14,109				71	%
Previously capitalized interest included in home cost of sales		$	6,827			$	6,874			$	(47	)			-1	%		$	23,812			$	30,710			$	(6,898	)			-22	%
Interest capitalized in homebuilding inventory, end of year		$	38,446			$	28,339			$	10,107				36	%		$	38,446			$	28,339			$	10,107				36	%

M.D.C. HOLDINGS, INC.
Selected Financial Data
(Dollars in thousands)
(Unaudited)

		Three Months Ended																Year Ended
		December 31,								Change								December 31,								Change
		2010				2009				Amount				%				2010				2009				Amount				%
HOMEAMERICAN OPERATING ACTIVITIES
Principal amount of mortgage loans originated		$	192,831			$	226,483			$	(33,652	)			-15	%		$	699,951			$	633,171			$	66,780				11	%
Principal amount of mortgage loans brokered		$	828			$	8,021			$	(7,193	)			-90	%		$	6,711			$	33,152			$	(26,441	)			-80	%
Capture Rate			87	%			86	%			1	%							81	%			81	%			0	%
Including brokered loans			87	%			88	%			-1	%							82	%			85	%			-3	%
Mortgage products (% of mortgage loans originated)
Fixed rate			98	%			99	%			-1	%							97	%			99	%			-2	%
Adjustable rate — other			2	%			1	%			1	%							3	%			1	%			2	%
Prime loans (4)			31	%			24	%			7	%							28	%			29	%			-1	%
Government loans (5)			69	%			76	%			-7	%							72	%			71	%			1	%

M.D.C. HOLDINGS, INC.
Homebuilding Operational Data
(Dollars in thousands)
(Unaudited)

		December 31,				December 31,
		2010				2009
HOMES COMPLETED OR UNDER CONSTRUCTION
Unsold Home Under Construction — Final			119				41
Unsold Home Under Construction — Frame			722				389
Unsold Home Under Construction — Foundation			103				109
Total Unsold Homes Under Construction			944				539
Sold Homes Under Construction			609				570
Model Homes			242				212
Homes Completed or Under Construction			1,795				1,321
LOTS OWNED (excluding homes completed or under construction)
Arizona			1,257				1,075
California			1,201				581
Nevada			991				966
West			3,449				2,622
Colorado			2,919				2,514
Utah			594				545
Mountain			3,513				3,059
Maryland			319				182
Virginia			414				241
East			733				423
Florida			210				138
Illinois			130				141
Other Homebuilding			340				279
Total			8,035				6,383

M.D.C. HOLDINGS, INC.
Homebuilding Operational Data
(Dollars in thousands)

		2010				2009
LOTS CONTROLLED UNDER OPTION
Arizona			408				328
California			222				113
Nevada			838				222
West			1,468				663
Colorado			688				537
Utah			393				117
Mountain			1,081				654
Maryland			745				575
Virginia			132				192
East			877				767
Florida			733				500
Illinois			—				—
Other Homebuilding			733				500
Total			4,159				2,584
Total Lots Owned and Controlled			12,194				8,967
NON-REFUNDABLE OPTION DEPOSITS
Cash		$	9,019			$	7,654
Letters of Credit			4,467				2,134
Total Non-Refundable Option Deposits		$	13,486			$	9,788

M.D.C. HOLDINGS, INC.
Homebuilding Operational Data
(Dollars in thousands)

		Three Months Ended																Year Ended
		December 31,								Change								December 31,								Change
		2010				2009				Amount				%				2010				2009				Amount				%
HOMES CLOSED (UNITS)
Arizona			110				273				(163	)			-60	%			571				778				(207	)			-27	%
California			122				102				20				20	%			298				293				5				2	%
Nevada			117				227				(110	)			-48	%			544				521				23				4	%
West			349				602				(253	)			-42	%			1,413				1,592				(179	)			-11	%
Colorado			243				202				41				20	%			789				565				224				40	%
Utah			106				94				12				13	%			383				230				153				67	%
Mountain			349				296				53				18	%			1,172				795				377				47	%
Maryland			46				68				(22	)			-32	%			231				200				31				16	%
Virginia			70				70				—				0	%			236				190				46				24	%
East			116				138				(22	)			-16	%			467				390				77				20	%
Florida			51				73				(22	)			-30	%			193				214				(21	)			-10	%
Illinois			—				—				—				N/M				—				22				(22	)			N/M
Other Homebuilding			51				73				(22	)			-30	%			193				236				(43	)			-18	%
Total			865				1,109				(244	)			-22	%			3,245				3,013				232				8	%
AVERAGE SELLING PRICES PER CLOSED HOME
West
Arizona		$	193.3			$	193.5			$	(0.2	)			0	%		$	195.6			$	194.3			$	1.3				1	%
California			350.3				430.9				(80.6	)			-19	%			377.3				417.5				(40.2	)			-10	%
Nevada			197.6				194.5				3.1				2	%			190.4				201.2				(10.8	)			-5	%
Mountain
Colorado			323.2				285.7				37.5				13	%			313.9				316.5				(2.6	)			-1	%
Utah			270.9				275.4				(4.5	)			-2	%			272.3				287.1				(14.8	)			-5	%
East
Maryland			407.5				447.5				(40.0	)			-9	%			439.4				422.4				17.0				4	%
Virginia			446.0				469.3				(23.3	)			-5	%			469.6				482.8				(13.2	)			-3	%
Other Homebuilding
Florida			236.5				207.8				28.7				14	%			232.1				214.5				17.6				8	%
Illinois			N/A				N/A				N/A				N/A				N/A				313.0				N/A				N/A
Company Average		$	291.7			$	268.4			$	23.0				9	%		$	283.8			$	277.8			$	6.0				2	%

M.D.C. HOLDINGS, INC.
Homebuilding Operational Data
(Dollars in thousands)

		Three Months																Year Ended
		Ended December 31,								Change								December 31,								Change
		2010				2009				Amount				%				2010				2009				Amount				%
ORDERS FOR HOMES, NET (UNITS)
Arizona			81				124				(43	)			-35	%			552				723				(171	)			-24	%
California			65				58				7				12	%			301				320				(19	)			-6	%
Nevada			61				94				(33	)			-35	%			532				556				(24	)			-4	%
West			207				276				(69	)			-25	%			1,385				1,599				(214	)			-13	%
Colorado			133				163				(30	)			-18	%			855				700				155				22	%
Utah			50				53				(3	)			-6	%			358				282				76				27	%
Mountain			183				216				(33	)			-15	%			1,213				982				231				24	%
Maryland			55				51				4				8	%			231				241				(10	)			-4	%
Virginia			31				49				(18	)			-37	%			233				227				6				3	%
East			86				100				(14	)			-14	%			464				468				(4	)			-1	%
Florida			42				45				(3	)			-7	%			198				238				(40	)			-17	%
Illinois			1				—				1				N/A				1				19				(18	)			-95	%
Other Homebuilding			43				45				(2	)			-4	%			199				257				(58	)			-23	%
Total			519				637				(118	)			-19	%			3,261				3,306				(45	)			-1	%
Estimated Value of Orders for Homes, net		$	150,000			$	183,000				(33,000	)			-18	%		$	920,000			$	935,000				(15,000	)			-2	%
Estimated Average Selling Price of Orders for Homes, net		$	289.0			$	287.3				1.7				1	%		$	282.1			$	282.8				(0.7	)			0	%
Cancellation Rate(6)			46	%			30	%			16	%							30	%			24	%			6	%