Toll Brothers Misses Orders Estimates Amid Slow Housing Market
A house under construction at the Toll Brothers Preserve in Folsom, California.
Photographer: David Paul Morris/BloombergToll Brothers Inc. fell short of analysts’ estimates for quarterly orders, signaling that fewer people are signing contracts to build homes as high prices and economic uncertainty hold some buyers back.
The luxury home builder said Tuesday that it had 2,303 signed contracts for the three months ending Jan. 31, missing analyst estimates of 2,417 orders. The company maintained its home delivery guidance for 2026 of 10,300 to 10,700.