Toll Brothers Inc. cut its home deliveries forecast for fiscal 2006 on Tuesday, citing fewer-than-expected selling communities and weakened demand in several markets.
The luxury home builder projected home deliveries between 9,500 and 10,200 homes in fiscal year 2006, down from an earlier target of 10,200 to 10,600 homes. In fiscal 2005 it reported 8,769 deliveries.
