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Toll Brothers, Inc. is an American homebuilding company that builds, markets, and finances for residential and commercial properties in the United States. [ 2 ] [ 3 ] In 2020, the company was the fifth largest home builder in the United States, based on homebuilding revenue.
Toll Brothers later expanded into building "active-adult" communities for the elderly affluent and urban high-rises for the newly affluent (Toll Brothers City Living). [7] In 1998, Toll sold 5 million shares of Toll Brothers for $186.6 million although still remaining its second largest shareholder and vice-chairman. [4] [8] In November 2013 ...
Meritage Homes Corporation is a publicly traded American real estate development company that constructs a variety of single-family detached homes across the United States. It is the fifth largest home builder in the United States, based on 2023 home sales. [5] The company also develops active adult communities and luxury real estate in Arizona ...
Toll Brothers’ stock is having a good year despite uncertainty over when the Federal Reserve will cut rates.One major factor is the homebuilder's luxury positioning in the market. Toll stock was ...
Toll Brothers delivered 4% more homes, reaching 2,492 units in the second quarter at an average price of $1 million, generating home sales revenues of approximately $2.5 billion. That’s up 14% ...
Toll Brothers is also working to keep prices lower for potential buyers. Read more: How to buy a house in 2023 During the fourth quarter, the homebuilder signed 2,038 net contracts at an average ...
In 2013, Inspired by Somerset Development officially secured ownership of the Bell Labs site and signed a deal with Toll Brothers to sell 103 acres of land to develop 225 homes on a portion of the property between the main building and Crawfords Corner Road while retaining the entirety of the Eero Saarinen-designed structure (Bacevice et al ...
Toll Brothers booked home sales revenue of $3.58 billion on 3,756 homes delivered in the fourth quarter. The company had forecasted Q4 deliveries of 3,250 to 3,550 homes.