Taylor Morrison Home Corporation: An Insight Into Its Recent Land Acquisition & Community Expansion Efforts

Taylor Morrison Home Corporation reported a robust performance for the third quarter of 2024, showcasing the efficacy of its diversified consumer and geographic strategy amidst economic uncertainty and weather-related challenges. During the quarter, the company delivered 3,394 homes with an average selling price of $598,000, contributing to over $2 billion in revenue. The home closings gross margin stood at 24.8%, representing an encouraging increase from previous quarters and indicating effective cost management and pricing strategies.