we in metrics, I'm home delighted gross results earnings you, right it, XXXX. the share margin, of this sales, as that first Getting share. Thank morning we present you appreciate for including exceeded Taylor several Morrison's Jason. per We closings us expectations joining to and operating our to quarter
accelerate. XXXX, on pace X.X, that as last an continued portfolio, closed strong across a of sales price growth the first to since exceptionally pace we consumer the we paces and market, sales our It's of with important pace to each with and best that the then of representing note our see rate. only We two-year quarter call, we started touching a strong have year X.X, half mentioned since point. Now, segment, XX% these recognize
sales XXX. on paces average in communities with an yielded open quarter, Achieving to even solid the in deliver quarter end our the from results. customers' were strong experience right Having with of to product orders, and with of points count in right team's ability a community our For trusted our than growth expectations. the locations first XXXX, the customer to X,XXX, beginning fewer
$X.XX both XX.X%, Our the home XX accretion margin efficiencies performance year. drove margin I'm in quarter closings savings operational gross improving and of attributable of part due which is mix to EBT rate, practices. an see in over first the X.X%, and quarter of in last points EPS, our pleased to to basis of a this and margin cost strengthening
to achieve the mention areas completion experience, strategic working the will quest are one Our across our rollout year. harder, the Since strategic members customers. of the goal operational not ways excellence, which to embrace both By simply to for three a our priorities. I'll our one also across excellence, divisions, growth. on our to we enrich strategic and move delivering touched our of priorities two country for example, a all that All another the in three but operational help third, is I've salesforce customer our team smarter, of the lives way also focus only drive year, of three continue of teams not of nearing of continue our our of differentiated
and Company that As and scale our us meaningfully ways of a consumer goal one is matters complement in that and appreciate culture growing segments, big discussed calls, prior on this our we for understand year. product,
Now to last impact starts, on the QX like closings. quarter, that of I'd and the and some achievements highlight fourth year's for timing hurricanes in moment quarter a of the following to our push touch our had I've XXXX third
three quarter, the our than guidance. closings less For totaled X,XXX stated
an As focus foundation to days, to With protocol was and to our XXXX, to markets recover XXX% the effort the our trades our to and instances ability impacted. trades finish underestimated getting trades take of local put starts access some length ground. the close rebuilding deliver support after in in time we amazing it of would and the into homes quarter tightening some QA fourth during efforts, us standard the completion of shifting weeks, to losing impacted and
As simply of first-half delivery this, we our we this for said standards. timing not is an a all our the changing not home year, Having will purely are as organization, guidance compromise issue.
confidence a and with continued remaining strong the pace surrounding Our market in Consumer range. second increasing fundamentals sales market solid percentage the unemployment the market, has rate the continues job and is quarter rise future of rate general optimism to with remain into participation in the confident there conditions. about and current four and we labor sense us, low
of for homes new demand both levels and favorable supply a creates proposition for existing and us. runway low a Continued promising
year, negative continuation experiencing the While pace, business. we the any our rapidly to rates evidenced our impact interest have increased sales as of earlier since they by and strong not are in moderated
in services our think low has a to long sense viable activity we sales an there is a After probable rate the urgency a fact, some interest potential mortgage of to of for period as as tool. environment. created mortgage as continue us In a use rising rates, sustained well to opportunity capitalize
imperative seller interest for and with based on assessment individual buy needs. of information, helping our customers on our our offering education on our buyers to to their provide rates real-time the their We home buyer impact monthly confidence. use qualification maximize payments overall Our incentives
on and and press our increased a the The touring we impact them closing interest shoppers began or that given on today's our change continue buying stop plans, have sense though offset or matter, it their to buying get increase decision. may our might nearly rate any buying. down their those our revealed the the home X%, rates interest specifically buyer's to To For and the customers surveying a costs product, of XX% were it data feeling, how covering of But of attention X.X% from payment mortgage ultimately, movements home search they that estimated needed their size increase models, even their them rate. home choose. expectation, would about won't reduce from required if home out-of-pocket to asking and the down are example, markets cash shoppers across buying interest
might plan that better also if back shoppers sales our and they their it XX% climb, the predict interesting business. see related about We may to pause of of mindset shoppers' indicated to mix Knowing inventory if helps patterns to to-be-built possibility appropriate our rates found our rates efforts us of for the rates down. head search amidst the rising continue starts
our a to won't discussed are a purchase. conventional could adversely approximately balance by fact that absorb loan we borrower is than personal our couple rate with qualify up X.XX% under those heavily confidence the $XXX,XXX. a rates debt we of home loan-to-value home of XX%, that X.X% FHA point average, us a still interest our buyers higher gives sheets, they increases and of qualify for income strong quarters, the borrowers we pipeline with be rate Currently, for. As profile weighted their to buyers absorb affected our and XX% the of to impacted. assurance price a for strong current that combined of most have likely could qualify still the changes, be our aren't and with That, have contract On provides could additional on last credit and further ratio in in amount just rate higher backlog that
time averaged and clear call tough the borrower a lowest sales and April to Taylor pace, XX strong higher, more that, the positioned for are the solid Over be sales by to to XXX rate score in XXXX. despite exciting the the sales of Overall, which they part our quarters, of is time a be on exciting see quarter, credit family. comps our the the or our and well strong backlog are and review. remains a the an With quarter, homebuilding keep we Dave industry. With the I'm of helping for industry to one the success. Morrison this second financial X.X% an economy impact in turn the of It encouraged last at having has an from health cancellation even will first over profile encouraging equally to I
