Friday, January 13, 2006

Toll Customers are Taking Their Time

It looks like Toll is seeing a slowdown in demand. I like to think that some of the slowdow is due to all of the real estate blogs out there. Toll is certainly busy in New Jersey and Pennsylvania. Here is a link to a list of Toll projects in both states.

NEW YORK (AP) -- Toll Brothers Inc., one of the nation's top luxury builders, said Friday it is seeing a slowdown in contracts for new homes, as people take more time to make buying decisions.

"Beginning in the fourth quarter of fiscal 2005 and continuing into the first quarter of fiscal 2006, we have experienced a slowdown in new contracts signed," Toll Brothers said in its annual 10-K report for 2005.



Post a Comment

<< Home