While Most Americans Can't Afford Homes, Toll Brothers CEO Says Some Buyers Are Dropping $200,000 Just On Upgrades

Why did Target's sales drop this quarter? How will Trump's tax bill affect Medicare? What caused the recent S&P 500 decline? Why is Nike raising product prices now? How is OpenAI benefiting from hiring Jony Ive? What impact do Trump tariffs have on retailers? Why are US Treasury yields spiking recently? How did crypto prices reach new record highs? What risks do AI and automation pose to jobs?

While Most Americans Can't Afford Homes, Toll Brothers CEO Says Some Buyers Are Dropping $200,000 Just On Upgrades

benzinga.com/25/05/45558718/113-million-homes-200k-in-upgrades-and-24-cash-buyers-toll-brothers-figures-show-the-housing-market-isnt-slowing-

As housing affordability reaches a critical point, homebuilding company Toll Brothers Inc. (NYSE:TOL) CEO Douglas Yearley gave insights about the customer base during the second-quarter earnings call on Wednesday.What Happened: Yearly said, “Over 70% of our business serves the move-up and…

This story appeared on benzinga.com, 2025-05-22 07:32:42.