Prognosticators at Morgan Stanley and Goldman Sachs along with economists polled by Bloomberg found themselves playing catch-up when it came to prices, new home sales, and mortgage rates this year.
Luxury homebuilder Toll Brothers reports EPS of $4.11 for the last three months of its 2022-23 fiscal year, down from $5.63 a year earlier, and pre-tax profit down 28% to $605 million. Residential.