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BofA sees homebuilding stocks pushing higher as housing market conditions improve after rough 2022, upgrades ratings for PulteGroup, Lennar, Toll Bros, while NVR is top 2023 pick in the sector; 30-year mortgage rate expected to decline to 5.25% in 2023
Published:
January 11, 2023
by Business Insider
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Bank of America upgrades Toll Brothers to buy from neutral; company will face incremental headwinds from incentives and mix shift through the year, but this will be offset by tailwinds lower input costs, especially lumber
Published:
January 11, 2023
by Baystreet US News Alerts
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Zacks: Toll Brothers' stock up over 30% since October low; homebuilder stocks shed nearly 40% of their value from peak to trough in this bear market, and recent rally could be correction to the upside, returning to more normal levels after extreme drop
Published:
January 10, 2023
by Zack's Commentary
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Toll Brothers opens sales center and model homes at Solstice at Wellen Park, a new gated community in Venice, Florida; homes feature open concept floor plans from 1,528 to 3,400+ square feet, one- or two-stories, 2-6 bedrooms
Published:
December 16, 2022
by GlobeNewswire
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Zacks: US housing space still grappling with rising mortgage rates and costs, but need for more work-at-home space, lack of existing homes for sale, other factors are aiding industry; D.R. Horton, Toll Bros among builders gaining from fundamental strength
Published:
December 14, 2022
by Zack's Commentary
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