Daily Business News
Thursday, November 09, 2006
  Toll Beazer say housing slowdown continues (Reuters)

A Toll Brothers home in an undated photo. The company on Tuesday said it expected to report a 10 percent drop in quarterly home building revenue a decline lower than Wall Street anticipated as the home builder feels the effects of a softening housing market. (Handout/Reuters)Reuters - Two bellwether U.S. homebuilders warned on Tuesday that the slowdown in the country's once-soaring real estate market continued in the latest quarter as deteriorating consumer confidence and falling prices cast a growing pall over the sector.


 
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