Real Estate News
Toll Brothers to build 900 homes in D.C. suburb
Luxury home builder expands to West Virginia market
Inman
November 29th, 2005
Toll Brothers serves move-up, empty-nester, active-adult and second-home buyers and operates in 20 states.
The company earlier this month cut its national sales forecast for 2006, citing moderating home prices, softening demand and a tougher regulatory environment. The company estimates delivering between 9,500 and 10,200 homes in fiscal 2006, down from its previous guidance of 10,200 to 10,600 homes.
After falling 4.2 percent at stock market close Monday, Toll Brothers shares (NYSE: TOL) were up 4.1 percent this morning, trading at $36.44.