HORSHAM, Pa., Jan. 22, 2015 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL) (www.tollbrothers.com), the nation's leading builder of luxury homes, today announced, Toll Brothers, Inc. has been recognized as America's Most Trusted Home Builder™ based on a study of 43,200 new home shoppers in the nation's top 27 housing markets. The study was conducted by Lifestory Research. Toll Brothers received the highest numerical score among the largest 133 home builders in the country according to the study which measures, among other things, perceptions of quality, price, reputation and trust.
Douglas C. Yearley, Jr., chief executive officer of Toll Brothers, stated: "We are proud to have been named America's Most Trusted Home Builder™. For 48 years, we've strived to make the Toll Brothers brand and reputation synonymous with quality and trust. To have this confirmed by such a comprehensive study encompassing so many respondents in so many markets is very satisfying. We congratulate all our Toll Brothers associates whose commitment to our customers has resulted in this honor."
Toll Brothers, Inc., A FORTUNE 1000 Company, is the nation's leading builder of luxury homes. The Company began business in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol "TOL." The Company serves move-up, empty-nester, active-adult, and second-home buyers and operates in 19 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New York, North Carolina, Pennsylvania, Texas, Virginia, and Washington, as well as in the District of Columbia.
Toll Brothers builds an array of luxury residential single-family detached, attached home, master planned resort-style golf, and urban low-, mid-, and high-rise communities, principally on land it develops and improves. The Company operates its own architectural, engineering, mortgage, title, land development and land sale, golf course development and management, home security, and landscape subsidiaries. The Company also operates its own lumber distribution, house component assembly, and manufacturing operations. The Company purchases distressed loan and real estate asset portfolios through its wholly owned subsidiary, Gibraltar Capital and Asset Management. The Company acquires and develops commercial and apartment properties through Toll Commercial and Toll Apartment Living, and the affiliated Toll Brothers Realty Trust, and develops urban low-, mid-, and high-rise for-sale condominiums through Toll Brothers City Living.
Toll Brothers was named 2014 Builder of the year by Builder magazine, and is honored to have been awarded Builder of the year in 2012 by Professional Builder magazine, making it the first two-time recipient. Toll Brothers proudly supports the communities in which it builds; among other philanthropic pursuits, the Company sponsors the Toll Brothers Metropolitan Opera International Radio Network, bringing opera to neighborhoods throughout the world. For more information, visit www.tollbrothers.com.
Source:Toll Brothers, Inc.