Toll Brothers CEO Douglas Yearley shared insights during the 2025 Housing Symposium that the spring selling season of this year failed to meet expectations, remaining soft overall. February was identified as the seasonal low, with slight improvements in March and April but not sufficient to signify a robust rebound. Regionally, the market is divergent, with Boston and Northern Virginia faring better due to limited land and tighter inventory. Yearley noted a significant shift in demand from the COVID years, highlighting the scarcity of competition in the Northeast.
"The spring selling season, which is really a winter selling season, is when most new homes are sold in this country. This was not a good spring."
"Through the COVID years, the Northeast and Atlantic did not fare well . . . Now that has completely flipped, and our strongest corridor is Boston."
Collection
[
|
...
]