Toll Brothers is a real estate company that builds luxury homes in metropolitan areas. The Company operates through the Traditional Home Building and City Living segments. The Traditional Home Building segment builds and sells homes for detached and attached homes in luxury residential communities in affluent suburban markets. The City Living segment builds and sells homes in urban infill markets through Toll Brothers City Living. Toll Brothers runs its own land development, architectural, engineering, mortgage, title, landscaping, security monitoring, lumber distribution, house component assembly, and manufacturing operations.