Meritage Homes Corp. (MTH) announced that it has acquired Province, a premier active adult community just outside of Phoenix in Maricopa, Arizona.
Meritage offers beautiful homes priced from the low $100,000s in these well-designed, highly-amenitized communities. Management believes the acquisition of Province will leverage the Company's existing sales, marketing and operations management within its successful active adult division.
Province was voted the Best Active Adult community in 2006 by the National Association of Home Builders' 50+ Housing Council. It includes about 50 acres of lakes, 125 acres of parks and greenbelts and a completed town center of more than 30 thousand square feet.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.