Howard Hughes (HHH) - 2024 Q1 - Quarterly Results

Exhibit 99.1 "In our MPCs, new home sales climbed to 654 homes—the highest quarterly total across HHH's communities in three years—as limited availability of resale homes continued to drive homebuyers to new construction. Although residential land sales were muted in the first quarter—primarily due to the timing of contracted super pad sales in Summerlin which are expected to close in the second and third quarters—we continue to see low inventories of vacant developed lots within our markets. As a result, h ...