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“Demand for our homes continues to be supported by our affluent customer base,” Toll Brothers chief executive and chairman Douglas Yearley said on an earnings call on Wednesday.
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https://fortune.com/2025/02/20/luxury-homebuilder-business-wealthy-move-ups-empty-nesters-rich-millennials/
Alena Botros
Luxury homebuilder says more than 70% of business is from wealthy move-ups and empty nesters with years of home price appreciation. The rest are rich millennials
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