3065 2008 Q1.ppt  • 5/02/2008•  14
Segment Highlights — Real Estate
($74)
$22
Contribution to Pre-Tax Earnings
$371
$715
Revenues
2008 Q1
2007 Q4
Real Estate ($ Millions)                                           
l1st Quarter Highlights
lGains from land sales decreased $80 million
lEarnings from single-family homebuilding declined due to lower margins and closings lAsset impairment charges totaled $33 million for homebuilding and $19 million related to investment activities of Weyerhaeuser Realty Investors
Chart 11
$399
844
26%
1,306
926
33
Q1
2008
1,224
1,873
2,284
2,207
Single-Family Homes Sold But Not Closed At End of Period (Backlog)
1,244
1,145
1,062
976
Single-Family Homes Closed
30
41
  49
 61
Sales Traffic (in Thousands)
$472
$461
$466
$480
Average Home Closing Price ($ Thousands)
40%
33%
25%
16%
Cancellation Rate (%)
595
734
1,139
1,684
Single-Family Homes Sold (New Orders)
Q4
Q3
Q2
Q1
2007
Weyerhaeuser Real Estate Company Key Indicators