Jun. 27 - Toll Brother's Chairman and CEO says the ''earliest the housing market could see a turnaround is April of 2008.''
Robert Toll, speaking at the Reuters Real Estate Summit in New York on Wednesday, says "by that time we will have candidates selected for the presidential race" and that "could produce a return of confidence that is sorely lacking right now with the consumer."
Toll says he's certain his candidate will be a democratic but he hasn't yet chosen who it will be.
Speaker:
Robert Toll
CEO, Toll Brothers
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