Industry News

Builder: Credit crunch may shrink pool of buyers

Toll Brothers reports net income of $26.5 million in Q3
Published on Aug 22, 2007

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by CareyBot

Luxury-home builder Toll Brothers Inc., in a preliminary earnings announcement today, reported net income of $26.5 million for the quarter ended July 31, with cancellations totaling 23.8 percent of contracts for the quarter. The quarterly net income in the third ...