toll brothers inc.

Contracts for home sales dropped another 1.2% in March, marking the fifth straight month of declines amid rising interest rates and soaring prices.

Homebuilder confidence dropped for the fourth month in a row in April as sales traffic declined despite low inventory.

Contract signings for home sales fell in January with inventory at a record low.

Home prices rose 18.8% in 2021, marking the highest annual jump on record.

Luxury home builder Toll Brothers has broken its third quarter record for new contracts.