Toll Brothers luxury home builders hit record in new home contracts amid construction boom

Hodges Capital Management founder Craig Hodges on his outlook for the market amid inflationary pressures and labor shortages. Luxury home builder Toll Brothers Inc. reported in its fiscal year 2021 third quarter earnings results on Tuesday that the firm hit a new record for new contracts on the quarter, exceeding Q3 of last year by

Austin housing boom has homebuilders struggling to keep pace, prices soaring

Home construction is booming at a rapid pace across the Austin region — but it’s still not fast enough to keep up with torrid demand, builders and local housing market experts say. Builders started work on a record number of new homes in the Austin area in the first quarter, according to Zonda, a firm that