Today's Flooring News

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Toll Brothers Reports Lower Q2 Net Income

Toll Brothers Reports Lower Q2 Net Income

Horsham, PA, May 28, 2015—Toll Brothers, the largest luxury homebuilder in the U.S., reported net income of $67.9 million, or $$0.37 per share, for the second quarter fiscal 2015.

New Home Sales Rose in April, Up 26.1% YOY

New Home Sales Rose in April, Up 26.1% YOY

Washington, DC, May 26, 2015—April sales of new single-family houses were at a seasonally adjusted annual rate of 517,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.