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Meritage Homes (MTH) Q1 2024 Earnings Call Transcript

The Motley Fool

During the spring selling season with a healthy supply of move-in ready inventory, we were able to capitalize on strong market conditions generated by the increasing need for housing for millennials and Gen Zs as well as the move-down Baby Boomers who continue to find our limited inventory, limited availability of resale housing supply.

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Meritage Homes (MTH) Q4 2023 Earnings Call Transcript

The Motley Fool

As we previously discussed, two of the largest population cohorts, the millennials and recently Gen Zs are having life events lean to increased levels of need-based housing that currently cannot be met by the constrained resale of home supply in the market. As a reminder, our target is four- to five-year supply of lots. billion to $1.3