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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (122697)5/13/2008 11:20:34 AM
From: Giordano BrunoRead Replies (1) | Respond to of 306849
 
Think phones.



To: Smiling Bob who wrote (122697)5/13/2008 11:21:48 AM
From: Jim McMannisRespond to of 306849
 
Toll Brothers Revenue Drops as Housing Slump Persists bloomberg.com

May 13 (Bloomberg) -- Toll Brothers Inc., the largest U.S. luxury-home builder, reported its eighth consecutive quarterly decline in revenue as demand for new homes tumbled.

Fiscal second-quarter homebuilding revenue fell 30 percent to $818 million from a year earlier, the Horsham, Pennsylvania- based company said today in a statement. That beat the average estimate of $741 million from analysts surveyed by Bloomberg.