Unemployment keeps falling and home prices keep going up. It’s a great recipe for a strong housing market.
Nothing has been able to stop the housing boom — not even higher interest rates.
Luxury home builder Toll Brothers () said Tuesday that demand for its houses was strong across the country — the company signed a record number of contracts last quarter.
Toll Brothers reported quarterly financial results that easily topped forecasts and raised its outlook for the year, citing a backlog of new homes for the third quarter.