Taylor Morrison's Sales Hold Steady

Taylor Morrison has sold almost as many homes in the first half of 2010 as it did during the same time last year, only with fewer communities open, its parent company, the U.K.-based Taylor Wimpey, announced Monday in advance of its July 4 first-half end. The company did not break out the number of homes it sold in the United States from the total sales it made in its North American division, which includes the more robust Canadian market, but said it sold at a pace of almost 1.9 homes a month per community in its U.S. neighborhoods, close to its 2009 absorption rate. However, its community count fell from an average of 136 for 2010.

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