Home builders are scaling back on the incentives offered to attract buyers, ending such inducements as sports cars and tropical vacations.

With new-home inventory falling as home sales in many markets pick up, builders say they no longer need to offer eye-popping inducements to move homes.

'I don't know of any examples, at least in our system, where we're offering the kind of huge incentives that were being offered two or three years ago,' said Brent Anderson, vice president of investor relations for Meritage Homes Corp., based in Scottsdale, Ariz.

Wall Street Journal