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Toll Brothers CEO Doug Yearley on 'pent-up demand'

Toll Brothers CEO Doug Yearley discussed on CNBC the homebuilder's better-than-expected earnings report and the state of the housing market.

"Our business is really, really good," he said Tuesday. "The pent-up demand is continuing to build."

Yearley started working at Toll Brothers in 1990. He was promoted to chief executive officer of the company in June 2010.

To watch the broadcast interview in its entirety, you must be a CNBC PRO subscriber.