Toll Brothers’ Home Deliveries Signal Luxury Housing Dip

Toll Brothers (TOL) reported a drop in quarterly home sales to $2.65 billion as delivered units fell nearly 10% year-over-year, raising fresh concerns about affordability headwinds in the high-end residential market.1 The delivery shortfall underscores a broader deceleration in new-home demand, with elevated mortgage rates continuing to pressure buyer conviction even at the premium end […]