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NVR Inc – ‘10-Q’ for 3/31/12 – ‘EX-101.LAB’

On:  Friday, 4/27/12, at 3:16pm ET   ·   For:  3/31/12   ·   Accession #:  1193125-12-190645   ·   File #:  1-12378

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/27/12  NVR Inc                           10-Q        3/31/12   56:3.5M                                   Donnelley … Solutions/FA

Quarterly Report   —   Form 10-Q   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML    449K 
 2: EX-31.1     Certification -- §302 - SOA'02                      HTML     23K 
 3: EX-31.2     Certification -- §302 - SOA'02                      HTML     23K 
 4: EX-32       Certification -- §906 - SOA'02                      HTML     18K 
36: R1          Document and Entity Information                     HTML     37K 
27: R2          Condensed Consolidated Balance Sheets               HTML    128K 
34: R3          Condensed Consolidated Balance Sheets               HTML     29K 
                (Parenthetical)                                                  
38: R4          Condensed Consolidated Statements of Income         HTML     78K 
                (Unaudited)                                                      
51: R5          Condensed Consolidated Statements of Cash Flows     HTML    134K 
                (Unaudited)                                                      
28: R6          Basis of Presentation                               HTML     29K 
33: R7          Variable Interest Entities and Joint Ventures       HTML     48K 
24: R8          Land Under Development                              HTML     20K 
17: R9          Contract Land Deposits                              HTML     21K 
52: R10         Earnings per Share                                  HTML     29K 
40: R11         Excess Reorganization Value                         HTML     20K 
39: R12         Shareholders' Equity                                HTML     56K 
44: R13         Product Warranties                                  HTML     27K 
45: R14         Segment Disclosures                                 HTML     78K 
43: R15         Fair Value                                          HTML     54K 
46: R16         Debt                                                HTML     22K 
35: R17         Commitments and Contingencies                       HTML     30K 
37: R18         Recent Accounting Pronouncements                    HTML     21K 
42: R19         Variable Interest Entities and Joint Ventures       HTML     40K 
                (Tables)                                                         
56: R20         Earnings per Share (Tables)                         HTML     25K 
48: R21         Shareholders' Equity (Tables)                       HTML     45K 
30: R22         Product Warranties (Tables)                         HTML     25K 
41: R23         Segment Disclosure (Tables)                         HTML     84K 
32: R24         Fair Value (Tables)                                 HTML     39K 
14: R25         Variable Interest Entities and Joint Ventures       HTML     29K 
                (Details)                                                        
49: R26         Variable Interest Entities and Joint Ventures       HTML     34K 
                (Details 1)                                                      
53: R27         Variable Interest Entities and Joint Ventures       HTML     40K 
                (Details Textual)                                                
21: R28         Land Under Development (Details)                    HTML     23K 
20: R29         Contracts Land Deposits (Details)                   HTML     29K 
22: R30         Earnings per Share (Details)                        HTML     39K 
23: R31         Excess Reorganization Value (Details)               HTML     19K 
25: R32         Shareholders' Equity (Details)                      HTML     53K 
12: R33         Shareholders' Equity (Details Textual)              HTML     23K 
47: R34         Product Warranties (Details)                        HTML     25K 
29: R35         Segment Disclosure (Details)                        HTML     27K 
31: R36         Segment Disclosure (Details 1)                      HTML     36K 
16: R37         Segment Disclosure (Details 2)                      HTML     46K 
55: R38         Segment Disclosure (Details 3)                      HTML     22K 
11: R39         Segment Disclosure (Details Textual)                HTML     19K 
26: R40         Fair Value (Details)                                HTML     24K 
50: R41         Fair Value (Details 1)                              HTML     34K 
15: R42         Fair Value (Details Textual)                        HTML     38K 
19: R43         Debt (Details Textual)                              HTML     25K 
54: XML         IDEA XML File -- Filing Summary                      XML     78K 
18: EXCEL       IDEA Workbook of Financial Reports (.xls)            XLS    461K 
 5: EX-101.INS  XBRL Instance -- nvr-20120331                        XML    653K 
 7: EX-101.CAL  XBRL Calculations -- nvr-20120331_cal                XML    153K 
 8: EX-101.DEF  XBRL Definitions -- nvr-20120331_def                 XML    281K 
 9: EX-101.LAB  XBRL Labels -- nvr-20120331_lab                      XML    666K 
10: EX-101.PRE  XBRL Presentations -- nvr-20120331_pre               XML    475K 
 6: EX-101.SCH  XBRL Schema -- nvr-20120331                          XSD    129K 
13: ZIP         XBRL Zipped Folder -- 0001193125-12-190645-xbrl      Zip     80K

‘EX-101.LAB’   —   XBRL Labels — nvr-20120331_lab

This Exhibit is an XBRL XML File.

                                                                                                                                                                                
<?xml version="1.0" standalone="no" encoding="windows-1252"?>
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<!-- Based on XBRL 2.1 -->
<linkbase xmlns="http://www.xbrl.org/2003/linkbase" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
<roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" roleURI="http://www.xbrl.org/2009/role/negatedLabel"/>
<roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel"/>
<labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_DocumentAndEntityInformationAbstract" xlink:label="nvr_DocumentAndEntityInformationAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_DocumentAndEntityInformationAbstract" xlink:to="nvr_DocumentAndEntityInformationAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_DocumentAndEntityInformationAbstract_lbl" xml:lang="en-US"> Document and Entity Information [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_DocumentAndEntityInformationAbstract_lbl" xml:lang="en-US"> Document and Entity Information. </label>
<loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2011/dei-2011-01-31.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US"> Entity Registrant Name </label>
<loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2011/dei-2011-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCentralIndexKey_lbl" xml:lang="en-US"> Entity Central Index Key </label>
<loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2011/dei-2011-01-31.xsd#dei_DocumentType" xlink:label="dei_DocumentType"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentType_lbl" xml:lang="en-US"> Document Type </label>
<loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2011/dei-2011-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodEndDate_lbl" xml:lang="en-US"> Document Period End Date </label>
<loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2011/dei-2011-01-31.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentFlag_lbl" xml:lang="en-US"> Amendment Flag </label>
<loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2011/dei-2011-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="dei_DocumentFiscalYearFocus"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalYearFocus_lbl" xml:lang="en-US"> Document Fiscal Year Focus </label>
<loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2011/dei-2011-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="dei_DocumentFiscalPeriodFocus"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xml:lang="en-US"> Document Fiscal Period Focus </label>
<loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2011/dei-2011-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US"> Current Fiscal Year End Date </label>
<loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2011/dei-2011-01-31.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFilerCategory" xlink:to="dei_EntityFilerCategory_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFilerCategory_lbl" xml:lang="en-US"> Entity Filer Category </label>
<loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2011/dei-2011-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="dei_EntityCommonStockSharesOutstanding"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCommonStockSharesOutstanding" xlink:to="dei_EntityCommonStockSharesOutstanding_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xml:lang="en-US"> Entity Common Stock, Shares Outstanding </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="us-gaap_StatementOfFinancialPositionAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementOfFinancialPositionAbstract" xlink:to="us-gaap_StatementOfFinancialPositionAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementOfFinancialPositionAbstract_lbl" xml:lang="en-US"> Condensed Consolidated Balance Sheets [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StatementTable" xlink:label="us-gaap_StatementTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementTable" xlink:to="us-gaap_StatementTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementTable_lbl" xml:lang="en-US"> Statement [Table] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="us-gaap_StatementBusinessSegmentsAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementBusinessSegmentsAxis" xlink:to="us-gaap_StatementBusinessSegmentsAxis_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementBusinessSegmentsAxis_lbl" xml:lang="en-US"> Statement, Business Segments [Axis] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ResidentialRealEstateMember" xlink:label="us-gaap_ResidentialRealEstateMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ResidentialRealEstateMember" xlink:to="us-gaap_ResidentialRealEstateMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ResidentialRealEstateMember_lbl" xml:lang="en-US"> Residential Real Estate [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ResidentialRealEstateMember_lbl" xml:lang="en-US"> Homebuilding [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ResidentialRealEstateMember_lbl" xml:lang="en-US"> Homebuilding: </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ResidentialMortgageMember" xlink:label="us-gaap_ResidentialMortgageMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ResidentialMortgageMember" xlink:to="us-gaap_ResidentialMortgageMember_lbl"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StatementLineItems" xlink:label="us-gaap_StatementLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementLineItems" xlink:to="us-gaap_StatementLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementLineItems_lbl" xml:lang="en-US"> Statement [Line Items] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="us-gaap_AssetsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsAbstract" xlink:to="us-gaap_AssetsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_AssetsAbstract_lbl" xml:lang="en-US"> ASSETS </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsAbstract_lbl" xml:lang="en-US"> Assets [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:to="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xml:lang="en-US"> Cash and Cash Equivalents, at Carrying Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xml:lang="en-US"> Cash and cash equivalents, beginning of the period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xml:lang="en-US"> Cash </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xml:lang="en-US"> Cash and Cash Equivalents, at Carrying Value, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xml:lang="en-US"> Cash and cash equivalents </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AccountsReceivableNet" xlink:label="us-gaap_AccountsReceivableNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsReceivableNet" xlink:to="us-gaap_AccountsReceivableNet_lbl"/>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_LotsAndHousingUnitsCoveredUnderSalesAgreementsWithCustomers" xlink:label="nvr_LotsAndHousingUnitsCoveredUnderSalesAgreementsWithCustomers"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_LotsAndHousingUnitsCoveredUnderSalesAgreementsWithCustomers" xlink:to="nvr_LotsAndHousingUnitsCoveredUnderSalesAgreementsWithCustomers_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_LotsAndHousingUnitsCoveredUnderSalesAgreementsWithCustomers_lbl" xml:lang="en-US"> Lots and housing units, covered under sales agreements with customers </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_LotsAndHousingUnitsCoveredUnderSalesAgreementsWithCustomers_lbl" xml:lang="en-US"> Lots and housing units, covered under sales agreements with customers </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_LotsAndHousingUnitsCoveredUnderSalesAgreementsWithCustomers_lbl" xml:lang="en-US"> Carrying amount as of the balance sheet date of lots and capitalized construction costs of homes covered under sales agreements with customers. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_UnsoldLotsAndHousingUnits" xlink:label="nvr_UnsoldLotsAndHousingUnits"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_UnsoldLotsAndHousingUnits" xlink:to="nvr_UnsoldLotsAndHousingUnits_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_UnsoldLotsAndHousingUnits_lbl" xml:lang="en-US"> Unsold lots and housing units </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_UnsoldLotsAndHousingUnits_lbl" xml:lang="en-US"> Unsold lots and housing units </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_UnsoldLotsAndHousingUnits_lbl" xml:lang="en-US"> Carrying amount as of the balance sheet date of lots and capitalized construction costs of homes not covered under sales agreements with customers. </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InventoryRealEstateLandAndLandDevelopmentCosts" xlink:label="us-gaap_InventoryRealEstateLandAndLandDevelopmentCosts"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryRealEstateLandAndLandDevelopmentCosts" xlink:to="us-gaap_InventoryRealEstateLandAndLandDevelopmentCosts_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InventoryRealEstateLandAndLandDevelopmentCosts_lbl" xml:lang="en-US"> Inventory, Real Estate, Land and Land Development Costs </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_InventoryRealEstateLandAndLandDevelopmentCosts_lbl" xml:lang="en-US"> Land under development </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_RealEstateInventoryConstructionMaterials" xlink:label="us-gaap_RealEstateInventoryConstructionMaterials"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateInventoryConstructionMaterials" xlink:to="us-gaap_RealEstateInventoryConstructionMaterials_lbl"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InventoryOperativeBuilders" xlink:label="us-gaap_InventoryOperativeBuilders"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryOperativeBuilders" xlink:to="us-gaap_InventoryOperativeBuilders_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InventoryOperativeBuilders_lbl" xml:lang="en-US"> Inventory, Operative Builders </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DepositsAssets" xlink:label="us-gaap_DepositsAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DepositsAssets" xlink:to="us-gaap_DepositsAssets_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DepositsAssets_lbl" xml:lang="en-US"> Deposits Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:label="us-gaap_DepositsAssets_lbl" xml:lang="en-US"> Contract land deposits, net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_DepositsAssets_lbl" xml:lang="en-US"> Contract land deposits, net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DepositsAssets_lbl" xml:lang="en-US"> Contract land deposits, net </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LoansHeldForSaleMortgages" xlink:label="us-gaap_LoansHeldForSaleMortgages"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansHeldForSaleMortgages" xlink:to="us-gaap_LoansHeldForSaleMortgages_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LoansHeldForSaleMortgages_lbl" xml:lang="en-US"> Loans Held-for-sale, Mortgages </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LoansHeldForSaleMortgages_lbl" xml:lang="en-US"> Fair value of mortgage loans held for sale </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_LoansHeldForSaleMortgages_lbl" xml:lang="en-US"> Mortgage loans held for sale, net </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="us-gaap_PropertyPlantAndEquipmentNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentNet" xlink:to="us-gaap_PropertyPlantAndEquipmentNet_lbl"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PostconfirmationReorganizationValueInExcessOfAmountsAllocableToIdentifiableAssets" xlink:label="us-gaap_PostconfirmationReorganizationValueInExcessOfAmountsAllocableToIdentifiableAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PostconfirmationReorganizationValueInExcessOfAmountsAllocableToIdentifiableAssets" xlink:to="us-gaap_PostconfirmationReorganizationValueInExcessOfAmountsAllocableToIdentifiableAssets_lbl"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherAssets" xlink:label="us-gaap_OtherAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherAssets" xlink:to="us-gaap_OtherAssets_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherAssets_lbl" xml:lang="en-US"> Other Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OtherAssets_lbl" xml:lang="en-US"> Other assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_OtherAssets_lbl" xml:lang="en-US"> Other assets, net </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_Assets" xlink:label="us-gaap_Assets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Assets" xlink:to="us-gaap_Assets_lbl"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:to="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl" xml:lang="en-US"> LIABILITIES AND SHAREHOLDERS' EQUITY </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl" xml:lang="en-US"> Liabilities and Stockholders' Equity [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AccountsPayableCurrentAndNoncurrent" xlink:label="us-gaap_AccountsPayableCurrentAndNoncurrent"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsPayableCurrentAndNoncurrent" xlink:to="us-gaap_AccountsPayableCurrentAndNoncurrent_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountsPayableCurrentAndNoncurrent_lbl" xml:lang="en-US"> Accounts Payable </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_AccountsPayableCurrentAndNoncurrent_lbl" xml:lang="en-US"> Accounts payable </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AccruedLiabilitiesCurrentAndNoncurrent" xlink:label="us-gaap_AccruedLiabilitiesCurrentAndNoncurrent"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccruedLiabilitiesCurrentAndNoncurrent" xlink:to="us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_lbl"/>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_NonRecourseDebtRelatedToConsolidatedVariableInterestEntities" xlink:label="nvr_NonRecourseDebtRelatedToConsolidatedVariableInterestEntities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_NonRecourseDebtRelatedToConsolidatedVariableInterestEntities" xlink:to="nvr_NonRecourseDebtRelatedToConsolidatedVariableInterestEntities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_NonRecourseDebtRelatedToConsolidatedVariableInterestEntities_lbl" xml:lang="en-US"> Non Recourse Debt Related to Consolidated Variable Interest Entities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="nvr_NonRecourseDebtRelatedToConsolidatedVariableInterestEntities_lbl" xml:lang="en-US"> Debt </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_NonRecourseDebtRelatedToConsolidatedVariableInterestEntities_lbl" xml:lang="en-US"> Non-recourse debt related to consolidated variable interest entity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_NonRecourseDebtRelatedToConsolidatedVariableInterestEntities_lbl" xml:lang="en-US"> Non-recourse debt related to consolidated variable interest entities. </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CustomerAdvancesAndDeposits" xlink:label="us-gaap_CustomerAdvancesAndDeposits"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CustomerAdvancesAndDeposits" xlink:to="us-gaap_CustomerAdvancesAndDeposits_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CustomerAdvancesAndDeposits_lbl" xml:lang="en-US"> Customer Advances and Deposits </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_CustomerAdvancesAndDeposits_lbl" xml:lang="en-US"> Customer deposits </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_AccountsPayableAndOtherLiabilities" xlink:label="nvr_AccountsPayableAndOtherLiabilities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_AccountsPayableAndOtherLiabilities" xlink:to="nvr_AccountsPayableAndOtherLiabilities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_AccountsPayableAndOtherLiabilities_lbl" xml:lang="en-US"> Accounts payable and other liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_AccountsPayableAndOtherLiabilities_lbl" xml:lang="en-US"> Accounts payable and other liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_AccountsPayableAndOtherLiabilities_lbl" xml:lang="en-US"> Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Also includes the carrying amount as of the balance sheet date of liabilities not otherwise specified in the taxonomy. Also serves as the sum of liabilities not individually reported in the financial statements, or not separately disclosed in notes. </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_WarehouseAgreementBorrowings" xlink:label="us-gaap_WarehouseAgreementBorrowings"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WarehouseAgreementBorrowings" xlink:to="us-gaap_WarehouseAgreementBorrowings_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WarehouseAgreementBorrowings_lbl" xml:lang="en-US"> Warehouse Agreement Borrowings </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_WarehouseAgreementBorrowings_lbl" xml:lang="en-US"> Repurchase agreement outstanding amount </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_WarehouseAgreementBorrowings_lbl" xml:lang="en-US"> Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_WarehouseAgreementBorrowings_lbl" xml:lang="en-US"> Note payable </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_Liabilities" xlink:label="us-gaap_Liabilities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Liabilities" xlink:to="us-gaap_Liabilities_lbl"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StockholdersEquityAbstract" xlink:label="us-gaap_StockholdersEquityAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityAbstract" xlink:to="us-gaap_StockholdersEquityAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_StockholdersEquityAbstract_lbl" xml:lang="en-US"> Shareholders' equity: </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquityAbstract_lbl" xml:lang="en-US"> Stockholders' Equity Attributable to Parent [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommonStockValue" xlink:label="us-gaap_CommonStockValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockValue" xlink:to="us-gaap_CommonStockValue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockValue_lbl" xml:lang="en-US"> Common Stock, Value, Issued </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_CommonStockValue_lbl" xml:lang="en-US"> Common stock, $0.01 par value; 60,000,000 shares authorized; 20,556,198 shares issued as of both March 31, 2012 and December 31, 2011 </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AdditionalPaidInCapitalCommonStock" xlink:label="us-gaap_AdditionalPaidInCapitalCommonStock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdditionalPaidInCapitalCommonStock" xlink:to="us-gaap_AdditionalPaidInCapitalCommonStock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdditionalPaidInCapitalCommonStock_lbl" xml:lang="en-US"> Additional Paid in Capital, Common Stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_AdditionalPaidInCapitalCommonStock_lbl" xml:lang="en-US"> Additional paid-in-capital </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommonStockSharesHeldInEmployeeTrust" xlink:label="us-gaap_CommonStockSharesHeldInEmployeeTrust"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesHeldInEmployeeTrust" xlink:to="us-gaap_CommonStockSharesHeldInEmployeeTrust_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_CommonStockSharesHeldInEmployeeTrust_lbl" xml:lang="en-US"> Deferred compensation trust-152,223 and 152,964 shares of NVR, Inc. common stock as of March 31, 2012 and December 31, 2011, respectively </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockSharesHeldInEmployeeTrust_lbl" xml:lang="en-US"> Common Stock, Shares Held in Employee Trust </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent" xlink:label="us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent" xlink:to="us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_lbl" xml:lang="en-US"> Deferred Compensation Liability, Current and Noncurrent </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_lbl" xml:lang="en-US"> Deferred compensation liability </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RetainedEarningsAccumulatedDeficit" xlink:to="us-gaap_RetainedEarningsAccumulatedDeficit_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xml:lang="en-US"> Retained Earnings (Accumulated Deficit) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xml:lang="en-US"> Retained earnings </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TreasuryStockValue" xlink:label="us-gaap_TreasuryStockValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TreasuryStockValue" xlink:to="us-gaap_TreasuryStockValue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_TreasuryStockValue_lbl" xml:lang="en-US"> Less treasury stock at cost-15,490,168 and 15,578,565 shares at March 31, 2012 and December 31, 2011, respectively </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TreasuryStockValue_lbl" xml:lang="en-US"> Treasury Stock, Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_TreasuryStockValue_lbl" xml:lang="en-US"> Treasury Stock, Value, Ending Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_TreasuryStockValue_lbl" xml:lang="en-US"> Treasury Stock, Value, Beginning Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_TreasuryStockValue_lbl" xml:lang="en-US"> Treasury stock outstanding, value </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="us-gaap_StockholdersEquity"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquity_lbl" xml:lang="en-US"> Stockholders' Equity Attributable to Parent </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_StockholdersEquity_lbl" xml:lang="en-US"> Balance, March 31, 2012 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_StockholdersEquity_lbl" xml:lang="en-US"> Balance, December 31, 2011 </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_StockholdersEquity_lbl" xml:lang="en-US"> Equity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_StockholdersEquity_lbl" xml:lang="en-US"> Total shareholders' equity </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAndStockholdersEquity" xlink:to="us-gaap_LiabilitiesAndStockholdersEquity_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xml:lang="en-US"> Liabilities and Stockholders' Equity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xml:lang="en-US"> Total liabilities and shareholders' equity </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockParOrStatedValuePerShare" xlink:to="us-gaap_CommonStockParOrStatedValuePerShare_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xml:lang="en-US"> Common stock, par value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xml:lang="en-US"> Common Stock, Par or Stated Value Per Share </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="us-gaap_CommonStockSharesAuthorized"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesAuthorized" xlink:to="us-gaap_CommonStockSharesAuthorized_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_CommonStockSharesAuthorized_lbl" xml:lang="en-US"> Common stock, shares authorized </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockSharesAuthorized_lbl" xml:lang="en-US"> Common Stock, Shares Authorized </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="us-gaap_CommonStockSharesIssued"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesIssued" xlink:to="us-gaap_CommonStockSharesIssued_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xml:lang="en-US"> Common Stock, Shares, Issued </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xml:lang="en-US"> Common stock, shares issued </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_DeferredCompensationTrustShares" xlink:label="nvr_DeferredCompensationTrustShares"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_DeferredCompensationTrustShares" xlink:to="nvr_DeferredCompensationTrustShares_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_DeferredCompensationTrustShares_lbl" xml:lang="en-US"> Deferred Compensation Trust Shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_DeferredCompensationTrustShares_lbl" xml:lang="en-US"> Deferred compensation trust, shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_DeferredCompensationTrustShares_lbl" xml:lang="en-US"> The number of shares issued pursuant to the terms of the deferred compensation plan as of the balance sheet date. </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="us-gaap_TreasuryStockShares"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TreasuryStockShares" xlink:to="us-gaap_TreasuryStockShares_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TreasuryStockShares_lbl" xml:lang="en-US"> Treasury Stock, Shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_TreasuryStockShares_lbl" xml:lang="en-US"> Treasury stock, shares </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="us-gaap_IncomeStatementAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeStatementAbstract" xlink:to="us-gaap_IncomeStatementAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeStatementAbstract_lbl" xml:lang="en-US"> Condensed Consolidated Statements of Income [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_HomeBuildingRevenue" xlink:label="us-gaap_HomeBuildingRevenue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_HomeBuildingRevenue" xlink:to="us-gaap_HomeBuildingRevenue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_HomeBuildingRevenue_lbl" xml:lang="en-US"> Home Building Revenue </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_HomeBuildingRevenue_lbl" xml:lang="en-US"> Revenues </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherIncome" xlink:label="us-gaap_OtherIncome"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherIncome" xlink:to="us-gaap_OtherIncome_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_OtherIncome_lbl" xml:lang="en-US"> Other income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherIncome_lbl" xml:lang="en-US"> Other Income </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_HomeBuildingCosts" xlink:label="us-gaap_HomeBuildingCosts"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_HomeBuildingCosts" xlink:to="us-gaap_HomeBuildingCosts_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_HomeBuildingCosts_lbl" xml:lang="en-US"> Home Building Costs </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_HomeBuildingCosts_lbl" xml:lang="en-US"> Cost of sales </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SellingGeneralAndAdministrativeExpense" xlink:label="us-gaap_SellingGeneralAndAdministrativeExpense"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SellingGeneralAndAdministrativeExpense" xlink:to="us-gaap_SellingGeneralAndAdministrativeExpense_lbl"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OperatingIncomeLoss" xlink:label="us-gaap_OperatingIncomeLoss"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingIncomeLoss" xlink:to="us-gaap_OperatingIncomeLoss_lbl"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FeesAndCommissionsMortgageBanking" xlink:label="us-gaap_FeesAndCommissionsMortgageBanking"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FeesAndCommissionsMortgageBanking" xlink:to="us-gaap_FeesAndCommissionsMortgageBanking_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FeesAndCommissionsMortgageBanking_lbl" xml:lang="en-US"> Fees and Commissions, Mortgage Banking </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_FeesAndCommissionsMortgageBanking_lbl" xml:lang="en-US"> Mortgage Banking </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_FeesAndCommissionsMortgageBanking_lbl" xml:lang="en-US"> Mortgage banking fees </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InterestAndFeeIncomeLoansHeldForSaleMortgages" xlink:label="us-gaap_InterestAndFeeIncomeLoansHeldForSaleMortgages"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestAndFeeIncomeLoansHeldForSaleMortgages" xlink:to="us-gaap_InterestAndFeeIncomeLoansHeldForSaleMortgages_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_InterestAndFeeIncomeLoansHeldForSaleMortgages_lbl" xml:lang="en-US"> Interest income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestAndFeeIncomeLoansHeldForSaleMortgages_lbl" xml:lang="en-US"> Interest and Fee Income, Loans Held-for-sale, Mortgages </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherOperatingIncome" xlink:label="us-gaap_OtherOperatingIncome"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherOperatingIncome" xlink:to="us-gaap_OtherOperatingIncome_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_OtherOperatingIncome_lbl" xml:lang="en-US"> Other income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherOperatingIncome_lbl" xml:lang="en-US"> Other Operating Income </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_GeneralAndAdministrativeExpense" xlink:label="us-gaap_GeneralAndAdministrativeExpense"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GeneralAndAdministrativeExpense" xlink:to="us-gaap_GeneralAndAdministrativeExpense_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GeneralAndAdministrativeExpense_lbl" xml:lang="en-US"> General and Administrative Expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_GeneralAndAdministrativeExpense_lbl" xml:lang="en-US"> General and administrative </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InterestExpense" xlink:label="us-gaap_InterestExpense"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpense" xlink:to="us-gaap_InterestExpense_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestExpense_lbl" xml:lang="en-US"> Interest Expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_InterestExpense_lbl" xml:lang="en-US"> Interest expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_InterestExpense_lbl" xml:lang="en-US"> Interest Expense, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_InterestExpense_lbl" xml:lang="en-US"> Total interest expense </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="us-gaap_IncomeTaxExpenseBenefit"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExpenseBenefit" xlink:to="us-gaap_IncomeTaxExpenseBenefit_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxExpenseBenefit_lbl" xml:lang="en-US"> Income Tax Expense (Benefit) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncomeTaxExpenseBenefit_lbl" xml:lang="en-US"> Income tax expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_IncomeTaxExpenseBenefit_lbl" xml:lang="en-US"> Total </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="us-gaap_NetIncomeLoss"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetIncomeLoss_lbl" xml:lang="en-US"> Net Income (Loss) Attributable to Parent </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetIncomeLoss_lbl" xml:lang="en-US"> Net income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_NetIncomeLoss_lbl" xml:lang="en-US"> Net income </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="us-gaap_EarningsPerShareBasic"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareBasic" xlink:to="us-gaap_EarningsPerShareBasic_lbl"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="us-gaap_EarningsPerShareDiluted"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareDiluted" xlink:to="us-gaap_EarningsPerShareDiluted_lbl"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:to="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xml:lang="en-US"> Weighted Average Number of Shares Outstanding, Basic </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xml:lang="en-US"> Basic weighted average shares outstanding </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xml:lang="en-US"> Weighted Average Number of Shares Outstanding, Basic, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xml:lang="en-US"> Weighted average number of shares outstanding used to calculate basic EPS </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:to="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xml:lang="en-US"> Weighted Average Number of Shares Outstanding, Diluted </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xml:lang="en-US"> Diluted weighted average shares outstanding </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xml:lang="en-US"> Weighted average number of shares and share equivalents used to calculate diluted EPS </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xml:lang="en-US"> Weighted average number of shares and share equivalents outstanding used to calculate diluted EPS </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="us-gaap_StatementOfCashFlowsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementOfCashFlowsAbstract" xlink:to="us-gaap_StatementOfCashFlowsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementOfCashFlowsAbstract_lbl" xml:lang="en-US"> Condensed Consolidated Statements of Cash Flows [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US"> Cash flows from operating activities: </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US"> Net Cash Provided by (Used in) Operating Activities [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US"> Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US"> Adjustments to reconcile net income to net cash provided by (used in) operating activities: </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DepreciationDepletionAndAmortization" xlink:label="us-gaap_DepreciationDepletionAndAmortization"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DepreciationDepletionAndAmortization" xlink:to="us-gaap_DepreciationDepletionAndAmortization_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DepreciationDepletionAndAmortization_lbl" xml:lang="en-US"> Depreciation, Depletion and Amortization </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DepreciationDepletionAndAmortization_lbl" xml:lang="en-US"> Total depreciation and amortization expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DepreciationDepletionAndAmortization_lbl" xml:lang="en-US"> Depreciation and amortization </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities" xlink:label="us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities" xlink:to="us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_lbl"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="us-gaap_ShareBasedCompensation"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensation" xlink:to="us-gaap_ShareBasedCompensation_lbl"/>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_ContractLandDepositImpairmentsRecoveries" xlink:label="nvr_ContractLandDepositImpairmentsRecoveries"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_ContractLandDepositImpairmentsRecoveries" xlink:to="nvr_ContractLandDepositImpairmentsRecoveries_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_ContractLandDepositImpairmentsRecoveries_lbl" xml:lang="en-US"> Contract land deposit impairments (recoveries) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_ContractLandDepositImpairmentsRecoveries_lbl" xml:lang="en-US"> Contract land deposit (recoveries) impairments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_ContractLandDepositImpairmentsRecoveries_lbl" xml:lang="en-US"> The charge against earnings resulting from the aggregate write down of deposits paid to secure the right to purchase finished lots under fixed price purchase agreements from their carrying value to their fair value. </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_GainLossOnSaleOfMortgageLoans" xlink:label="us-gaap_GainLossOnSaleOfMortgageLoans"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnSaleOfMortgageLoans" xlink:to="us-gaap_GainLossOnSaleOfMortgageLoans_lbl"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale" xlink:label="us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale" xlink:to="us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale_lbl" xml:lang="en-US"> Payments for Origination of Mortgage Loans Held-for-sale </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale_lbl" xml:lang="en-US"> Mortgage loans closed </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale" xlink:label="us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale" xlink:to="us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale_lbl" xml:lang="en-US"> Proceeds from sales of mortgage loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale_lbl" xml:lang="en-US"> Proceeds from Sale of Mortgage Loans Held-for-sale </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ProceedsFromCollectionOfMortgageLoansHeldForSale" xlink:label="us-gaap_ProceedsFromCollectionOfMortgageLoansHeldForSale"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromCollectionOfMortgageLoansHeldForSale" xlink:to="us-gaap_ProceedsFromCollectionOfMortgageLoansHeldForSale_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ProceedsFromCollectionOfMortgageLoansHeldForSale_lbl" xml:lang="en-US"> Principal payments on mortgage loans held for sale </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromCollectionOfMortgageLoansHeldForSale_lbl" xml:lang="en-US"> Proceeds from Collection of Mortgage Loans Held-for-sale </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:to="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xml:lang="en-US"> Net change in assets and liabilities: </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xml:lang="en-US"> Increase (Decrease) in Operating Capital [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncreaseDecreaseInInventories" xlink:label="us-gaap_IncreaseDecreaseInInventories"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInInventories" xlink:to="us-gaap_IncreaseDecreaseInInventories_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInInventories_lbl" xml:lang="en-US"> Increase (Decrease) in Inventories </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncreaseDecreaseInDepositsOutstanding" xlink:label="us-gaap_IncreaseDecreaseInDepositsOutstanding"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInDepositsOutstanding" xlink:to="us-gaap_IncreaseDecreaseInDepositsOutstanding_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInDepositsOutstanding_lbl" xml:lang="en-US"> Increase (Decrease) in Deposits Outstanding </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncreaseDecreaseInReceivables" xlink:label="us-gaap_IncreaseDecreaseInReceivables"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInReceivables" xlink:to="us-gaap_IncreaseDecreaseInReceivables_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInReceivables_lbl" xml:lang="en-US"> Increase (Decrease) in Receivables </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncreaseDecreaseInReceivables_lbl" xml:lang="en-US"> Decrease in receivables </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_IncreaseDecreaseInAccountsPayableCustomerDepositsAndAccruedExpenses" xlink:label="nvr_IncreaseDecreaseInAccountsPayableCustomerDepositsAndAccruedExpenses"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_IncreaseDecreaseInAccountsPayableCustomerDepositsAndAccruedExpenses" xlink:to="nvr_IncreaseDecreaseInAccountsPayableCustomerDepositsAndAccruedExpenses_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_IncreaseDecreaseInAccountsPayableCustomerDepositsAndAccruedExpenses_lbl" xml:lang="en-US"> Increase (decrease) in accounts payable customer deposits and accrued expenses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_IncreaseDecreaseInAccountsPayableCustomerDepositsAndAccruedExpenses_lbl" xml:lang="en-US"> Increase (decrease) in accounts payable, accrued expenses and customer deposits </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_IncreaseDecreaseInAccountsPayableCustomerDepositsAndAccruedExpenses_lbl" xml:lang="en-US"> The net change during the period in the amount of accounts payable, accrued expenses and customer deposits. </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet" xlink:to="us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_lbl"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xml:lang="en-US"> Net Cash Provided by (Used in) Operating Activities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xml:lang="en-US"> Net cash provided by (used in) operating activities </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xml:lang="en-US"> Cash flows from investing activities: </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xml:lang="en-US"> Net Cash Provided by (Used in) Investing Activities [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:to="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_lbl" xml:lang="en-US"> Payments to Acquire Property, Plant, and Equipment </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_lbl" xml:lang="en-US"> Purchase of property, plant and equipment </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment" xlink:label="us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment" xlink:to="us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_lbl"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xml:lang="en-US"> Net Cash Provided by (Used in) Investing Activities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xml:lang="en-US"> Net cash (used in) provided by investing activities </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xml:lang="en-US"> Cash flows from financing activities: </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xml:lang="en-US"> Net Cash Provided by (Used in) Financing Activities [Abstract] </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_NetBorrowingsUnderNotesPayableAndCreditLines" xlink:label="nvr_NetBorrowingsUnderNotesPayableAndCreditLines"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_NetBorrowingsUnderNotesPayableAndCreditLines" xlink:to="nvr_NetBorrowingsUnderNotesPayableAndCreditLines_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_NetBorrowingsUnderNotesPayableAndCreditLines_lbl" xml:lang="en-US"> Net Borrowings Under Notes Payable and Credit Lines </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_NetBorrowingsUnderNotesPayableAndCreditLines_lbl" xml:lang="en-US"> Net repayments under note payable and credit lines </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_NetBorrowingsUnderNotesPayableAndCreditLines_lbl" xml:lang="en-US"> The net cash inflow (outflow) for borrowings and outflow for obligations for leases meeting the criteria for capitalization. </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:to="us-gaap_PaymentsForRepurchaseOfCommonStock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock_lbl" xml:lang="en-US"> Payments for Repurchase of Common Stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock_lbl" xml:lang="en-US"> Purchase of treasury stock </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities" xlink:label="us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities" xlink:to="us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_lbl" xml:lang="en-US"> Excess Tax Benefit from Share-based Compensation, Financing Activities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_lbl" xml:lang="en-US"> Excess income tax benefit from equity-based compensation </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ProceedsFromStockOptionsExercised" xlink:label="us-gaap_ProceedsFromStockOptionsExercised"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromStockOptionsExercised" xlink:to="us-gaap_ProceedsFromStockOptionsExercised_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromStockOptionsExercised_lbl" xml:lang="en-US"> Proceeds from Stock Options Exercised </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ProceedsFromStockOptionsExercised_lbl" xml:lang="en-US"> Proceeds from stock options exercised </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ProceedsFromStockOptionsExercised_lbl" xml:lang="en-US"> Proceeds from the exercise of stock options </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xml:lang="en-US"> Net Cash Provided by (Used in) Financing Activities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xml:lang="en-US"> Net cash provided by financing activities </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:to="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_lbl" xml:lang="en-US"> Cash and Cash Equivalents, Period Increase (Decrease) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_lbl" xml:lang="en-US"> Net increase in cash and cash equivalents </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SupplementalCashFlowInformationAbstract" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SupplementalCashFlowInformationAbstract" xlink:to="us-gaap_SupplementalCashFlowInformationAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract_lbl" xml:lang="en-US"> Supplemental disclosures of cash flow information: </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract_lbl" xml:lang="en-US"> Supplemental Cash Flow Information [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InterestPaidNet" xlink:label="us-gaap_InterestPaidNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestPaidNet" xlink:to="us-gaap_InterestPaidNet_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestPaidNet_lbl" xml:lang="en-US"> Interest Paid, Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_InterestPaidNet_lbl" xml:lang="en-US"> Interest paid during the period, net of interest capitalized </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncomeTaxesPaidNet" xlink:label="us-gaap_IncomeTaxesPaidNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxesPaidNet" xlink:to="us-gaap_IncomeTaxesPaidNet_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxesPaidNet_lbl" xml:lang="en-US"> Income Taxes Paid, Net </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:to="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl" xml:lang="en-US"> Stockholders' Equity Note Disclosure [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl" xml:lang="en-US"> Stockholders' Equity </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SegmentReportingDisclosureTextBlock" xlink:label="us-gaap_SegmentReportingDisclosureTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingDisclosureTextBlock" xlink:to="us-gaap_SegmentReportingDisclosureTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SegmentReportingDisclosureTextBlock_lbl" xml:lang="en-US"> Segment Reporting Disclosure [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_SegmentReportingDisclosureTextBlock_lbl" xml:lang="en-US"> Segment Disclosures </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueDisclosuresTextBlock" xlink:label="us-gaap_FairValueDisclosuresTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueDisclosuresTextBlock" xlink:to="us-gaap_FairValueDisclosuresTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_FairValueDisclosuresTextBlock_lbl" xml:lang="en-US"> Fair Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueDisclosuresTextBlock_lbl" xml:lang="en-US"> Fair Value Disclosures [Text Block] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DebtDisclosureTextBlock" xlink:label="us-gaap_DebtDisclosureTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtDisclosureTextBlock" xlink:to="us-gaap_DebtDisclosureTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DebtDisclosureTextBlock_lbl" xml:lang="en-US"> Debt </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtDisclosureTextBlock_lbl" xml:lang="en-US"> Debt Disclosure [Text Block] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:to="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl" xml:lang="en-US"> Commitments and Contingencies Disclosure [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl" xml:lang="en-US"> Commitments and Contingencies </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_CondensedBalanceSheetOfConsolidatedJointVentureTableTextBlock" xlink:label="nvr_CondensedBalanceSheetOfConsolidatedJointVentureTableTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_CondensedBalanceSheetOfConsolidatedJointVentureTableTextBlock" xlink:to="nvr_CondensedBalanceSheetOfConsolidatedJointVentureTableTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_CondensedBalanceSheetOfConsolidatedJointVentureTableTextBlock_lbl" xml:lang="en-US"> Condensed Balance Sheet of Consolidated Joint Venture [Table Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_CondensedBalanceSheetOfConsolidatedJointVentureTableTextBlock_lbl" xml:lang="en-US"> The condensed balance sheet of the consolidated JV </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_CondensedBalanceSheetOfConsolidatedJointVentureTableTextBlock_lbl" xml:lang="en-US"> The condensed balance sheet of the consolidated Joint Venture. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_ContractLandDeposits" xlink:label="nvr_ContractLandDeposits"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_ContractLandDeposits" xlink:to="nvr_ContractLandDeposits_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_ContractLandDeposits_lbl" xml:lang="en-US"> Contract Land Deposits </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_ContractLandDeposits_lbl" xml:lang="en-US"> Contract land deposits </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_ContractLandDeposits_lbl" xml:lang="en-US"> The gross amount as of the balance sheet date of deposits paid to secure the right to purchase finished lots under fixed price purchase agreements. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_LossReserveOnContractLandDeposits" xlink:label="nvr_LossReserveOnContractLandDeposits"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_LossReserveOnContractLandDeposits" xlink:to="nvr_LossReserveOnContractLandDeposits_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_LossReserveOnContractLandDeposits_lbl" xml:lang="en-US"> Loss Reserve on Contract Land Deposits </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="nvr_LossReserveOnContractLandDeposits_lbl" xml:lang="en-US"> Contract land deposit reserve </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_LossReserveOnContractLandDeposits_lbl" xml:lang="en-US"> Contract land deposit reserve </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_LossReserveOnContractLandDeposits_lbl" xml:lang="en-US"> The net change during the reporting period in the reserve account established to account for expected but unspecified losses related to contract land deposits. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_ContingentObligationsInFormOfLettersOfCredit" xlink:label="nvr_ContingentObligationsInFormOfLettersOfCredit"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_ContingentObligationsInFormOfLettersOfCredit" xlink:to="nvr_ContingentObligationsInFormOfLettersOfCredit_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_ContingentObligationsInFormOfLettersOfCredit_lbl" xml:lang="en-US"> Contingent obligations in the form of letters of credit </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_ContingentObligationsInFormOfLettersOfCredit_lbl" xml:lang="en-US"> Contingent obligations in the form of letters of credit </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_ContingentObligationsInFormOfLettersOfCredit_lbl" xml:lang="en-US"> Contingent obligations in the form of letters of credit. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_ContingentSpecificPerformanceObligations" xlink:label="nvr_ContingentSpecificPerformanceObligations"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_ContingentSpecificPerformanceObligations" xlink:to="nvr_ContingentSpecificPerformanceObligations_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_ContingentSpecificPerformanceObligations_lbl" xml:lang="en-US"> Contingent specific performance obligations </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_ContingentSpecificPerformanceObligations_lbl" xml:lang="en-US"> Contingent specific performance obligations </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_ContingentSpecificPerformanceObligations_lbl" xml:lang="en-US"> Contingent specific performance obligations. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_CondensedBalanceSheetOfConsolidatedJointVentureAbstract" xlink:label="nvr_CondensedBalanceSheetOfConsolidatedJointVentureAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_CondensedBalanceSheetOfConsolidatedJointVentureAbstract" xlink:to="nvr_CondensedBalanceSheetOfConsolidatedJointVentureAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_CondensedBalanceSheetOfConsolidatedJointVentureAbstract_lbl" xml:lang="en-US"> Condensed Balance Sheet of Consolidated Joint Venture [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_CondensedBalanceSheetOfConsolidatedJointVentureAbstract_lbl" xml:lang="en-US"> The condensed balance sheet of the consolidated JV </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_CondensedBalanceSheetOfConsolidatedJointVentureAbstract_lbl" xml:lang="en-US"> Condensed Balance Sheet Of Consolidated Joint Venture. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_MaximumPercentageOfDepositsRequiredUnderPurchaseAgreements" xlink:label="nvr_MaximumPercentageOfDepositsRequiredUnderPurchaseAgreements"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_MaximumPercentageOfDepositsRequiredUnderPurchaseAgreements" xlink:to="nvr_MaximumPercentageOfDepositsRequiredUnderPurchaseAgreements_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_MaximumPercentageOfDepositsRequiredUnderPurchaseAgreements_lbl" xml:lang="en-US"> Maximum Percentage of Deposits Required under the Purchase Agreements </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_MaximumPercentageOfDepositsRequiredUnderPurchaseAgreements_lbl" xml:lang="en-US"> Maximum range of deposits required under the purchase agreements </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_MaximumPercentageOfDepositsRequiredUnderPurchaseAgreements_lbl" xml:lang="en-US"> Maximum percentage of deposits required under the purchase agreements. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_LotsControlledByCompany" xlink:label="nvr_LotsControlledByCompany"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_LotsControlledByCompany" xlink:to="nvr_LotsControlledByCompany_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_LotsControlledByCompany_lbl" xml:lang="en-US"> Lots Controlled by Company </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_LotsControlledByCompany_lbl" xml:lang="en-US"> Lots controlled by NVR </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_LotsControlledByCompany_lbl" xml:lang="en-US"> Lots controlled by NVR. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_CashDepositedRelatedToLots" xlink:label="nvr_CashDepositedRelatedToLots"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_CashDepositedRelatedToLots" xlink:to="nvr_CashDepositedRelatedToLots_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_CashDepositedRelatedToLots_lbl" xml:lang="en-US"> Cash Deposited Related to Lots </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_CashDepositedRelatedToLots_lbl" xml:lang="en-US"> Cash deposited related to lots </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_CashDepositedRelatedToLots_lbl" xml:lang="en-US"> Cash deposited related to lots. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_LettersOfCreditRelatedToLots" xlink:label="nvr_LettersOfCreditRelatedToLots"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_LettersOfCreditRelatedToLots" xlink:to="nvr_LettersOfCreditRelatedToLots_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_LettersOfCreditRelatedToLots_lbl" xml:lang="en-US"> Letters of Credit Related to Lots </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_LettersOfCreditRelatedToLots_lbl" xml:lang="en-US"> Letters of credit related to lots </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_LettersOfCreditRelatedToLots_lbl" xml:lang="en-US"> Letters of credit related to lots. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_FinishedLotsCommittedToPurchase" xlink:label="nvr_FinishedLotsCommittedToPurchase"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_FinishedLotsCommittedToPurchase" xlink:to="nvr_FinishedLotsCommittedToPurchase_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_FinishedLotsCommittedToPurchase_lbl" xml:lang="en-US"> Finished Lots Committed to Purchase </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_FinishedLotsCommittedToPurchase_lbl" xml:lang="en-US"> Finished lots committed to purchase under specific performance obligations </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_FinishedLotsCommittedToPurchase_lbl" xml:lang="en-US"> Finished lots committed to purchase. </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" xlink:label="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" xlink:to="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_lbl"/>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_NumberOfJointVentures" xlink:label="nvr_NumberOfJointVentures"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_NumberOfJointVentures" xlink:to="nvr_NumberOfJointVentures_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_NumberOfJointVentures_lbl" xml:lang="en-US"> Number of Joint Ventures </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_NumberOfJointVentures_lbl" xml:lang="en-US"> Number of Joint Ventures </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_NumberOfJointVentures_lbl" xml:lang="en-US"> Number of joint ventures. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_ExpectedProductionOfFinishedLotsFromJointVentures" xlink:label="nvr_ExpectedProductionOfFinishedLotsFromJointVentures"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_ExpectedProductionOfFinishedLotsFromJointVentures" xlink:to="nvr_ExpectedProductionOfFinishedLotsFromJointVentures_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_ExpectedProductionOfFinishedLotsFromJointVentures_lbl" xml:lang="en-US"> Expected Production of Finished Lots from Joint Ventures </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_ExpectedProductionOfFinishedLotsFromJointVentures_lbl" xml:lang="en-US"> Expected production of finished lots </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_ExpectedProductionOfFinishedLotsFromJointVentures_lbl" xml:lang="en-US"> Expected production of finished lots from joint ventures. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_ValuationAllowanceOfContractLandDepositsAssets" xlink:label="nvr_ValuationAllowanceOfContractLandDepositsAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_ValuationAllowanceOfContractLandDepositsAssets" xlink:to="nvr_ValuationAllowanceOfContractLandDepositsAssets_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_ValuationAllowanceOfContractLandDepositsAssets_lbl" xml:lang="en-US"> Valuation Allowance of Contract Land Deposits Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="nvr_ValuationAllowanceOfContractLandDepositsAssets_lbl" xml:lang="en-US"> Contract land deposit asset impairment valuation allowance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_ValuationAllowanceOfContractLandDepositsAssets_lbl" xml:lang="en-US"> Valuation allowance of contract land deposit assets. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_ValuationAllowanceOfContractLandDepositsAssets_lbl" xml:lang="en-US"> Valuation allowance of contract land deposits assets </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustmentAbstract" xlink:label="us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustmentAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustmentAbstract" xlink:to="us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustmentAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustmentAbstract_lbl" xml:lang="en-US"> Weighted Average Number Diluted Shares Outstanding Adjustment [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustmentAbstract_lbl" xml:lang="en-US"> Dilutive securities: </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:to="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_lbl" xml:lang="en-US"> Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_lbl" xml:lang="en-US"> Antidilutive stock options and restricted share units </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TreasuryStockSharesAcquired" xlink:label="us-gaap_TreasuryStockSharesAcquired"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TreasuryStockSharesAcquired" xlink:to="us-gaap_TreasuryStockSharesAcquired_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TreasuryStockSharesAcquired_lbl" xml:lang="en-US"> Treasury Stock, Shares, Acquired </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_TreasuryStockSharesAcquired_lbl" xml:lang="en-US"> Repurchased shares during the period, shares </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_TreasuryStockSharesAcquired_lbl" xml:lang="en-US"> Common stock repurchased </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_MovementInStandardAndExtendedProductWarrantyIncreaseDecreaseRollForward" xlink:label="us-gaap_MovementInStandardAndExtendedProductWarrantyIncreaseDecreaseRollForward"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MovementInStandardAndExtendedProductWarrantyIncreaseDecreaseRollForward" xlink:to="us-gaap_MovementInStandardAndExtendedProductWarrantyIncreaseDecreaseRollForward_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MovementInStandardAndExtendedProductWarrantyIncreaseDecreaseRollForward_lbl" xml:lang="en-US"> Movement in Standard and Extended Product Warranty, Increase (Decrease) [Roll Forward] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_MovementInStandardAndExtendedProductWarrantyIncreaseDecreaseRollForward_lbl" xml:lang="en-US"> Summary of changes in product warranties reserve: </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ProductWarrantyAccrual" xlink:label="us-gaap_ProductWarrantyAccrual"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProductWarrantyAccrual" xlink:to="us-gaap_ProductWarrantyAccrual_lbl"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ProductWarrantyAccrualPayments" xlink:label="us-gaap_ProductWarrantyAccrualPayments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProductWarrantyAccrualPayments" xlink:to="us-gaap_ProductWarrantyAccrualPayments_lbl"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable" xlink:label="us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable" xlink:to="us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_lbl" xml:lang="en-US"> Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InterestRateLockCommitmentsMember" xlink:label="us-gaap_InterestRateLockCommitmentsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestRateLockCommitmentsMember" xlink:to="us-gaap_InterestRateLockCommitmentsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_InterestRateLockCommitmentsMember_lbl" xml:lang="en-US"> Rate Lock Commitments [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestRateLockCommitmentsMember_lbl" xml:lang="en-US"> Interest Rate Lock Commitments [Member] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ForwardContractsMember" xlink:label="us-gaap_ForwardContractsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ForwardContractsMember" xlink:to="us-gaap_ForwardContractsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ForwardContractsMember_lbl" xml:lang="en-US"> Forward Contracts [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ForwardContractsMember_lbl" xml:lang="en-US"> Notional of open forward delivery contracts [Member] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativesFairValueByBalanceSheetLocationAxis" xlink:label="us-gaap_DerivativesFairValueByBalanceSheetLocationAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativesFairValueByBalanceSheetLocationAxis" xlink:to="us-gaap_DerivativesFairValueByBalanceSheetLocationAxis_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativesFairValueByBalanceSheetLocationAxis_lbl" xml:lang="en-US"> Derivatives, Fair Value, by Balance Sheet Location [Axis] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="us-gaap_BalanceSheetLocationDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BalanceSheetLocationDomain" xlink:to="us-gaap_BalanceSheetLocationDomain_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BalanceSheetLocationDomain_lbl" xml:lang="en-US"> Balance Sheet Location [Domain] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="us-gaap_OtherAssetsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherAssetsMember" xlink:to="us-gaap_OtherAssetsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_OtherAssetsMember_lbl" xml:lang="en-US"> NVRM - Other assets [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherAssetsMember_lbl" xml:lang="en-US"> Other Assets [Member] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativesFairValueLineItems" xlink:label="us-gaap_DerivativesFairValueLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativesFairValueLineItems" xlink:to="us-gaap_DerivativesFairValueLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativesFairValueLineItems_lbl" xml:lang="en-US"> Derivatives, Fair Value [Line Items] </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_MortgagesHeldForSaleMember" xlink:label="nvr_MortgagesHeldForSaleMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_MortgagesHeldForSaleMember" xlink:to="nvr_MortgagesHeldForSaleMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_MortgagesHeldForSaleMember_lbl" xml:lang="en-US"> Mortgages Held For Sale [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_MortgagesHeldForSaleMember_lbl" xml:lang="en-US"> Mortgages held for sale [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_MortgagesHeldForSaleMember_lbl" xml:lang="en-US"> Mortgages held for sale. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_FairValueMeasurementAssumedGainLossFromLoanSale" xlink:label="nvr_FairValueMeasurementAssumedGainLossFromLoanSale"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_FairValueMeasurementAssumedGainLossFromLoanSale" xlink:to="nvr_FairValueMeasurementAssumedGainLossFromLoanSale_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_FairValueMeasurementAssumedGainLossFromLoanSale_lbl" xml:lang="en-US"> Fair Value Measurement Assumed Gain Loss from Loan Sale </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_FairValueMeasurementAssumedGainLossFromLoanSale_lbl" xml:lang="en-US"> Assumed Gain (Loss) from loan sale </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_FairValueMeasurementAssumedGainLossFromLoanSale_lbl" xml:lang="en-US"> Fair value measurement assumed gain (loss) from loan sale. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_FairValueMeasurementsInterestRateMovementEffect" xlink:label="nvr_FairValueMeasurementsInterestRateMovementEffect"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_FairValueMeasurementsInterestRateMovementEffect" xlink:to="nvr_FairValueMeasurementsInterestRateMovementEffect_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_FairValueMeasurementsInterestRateMovementEffect_lbl" xml:lang="en-US"> Fair Value Measurements Interest Rate Movement Effect </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_FairValueMeasurementsInterestRateMovementEffect_lbl" xml:lang="en-US"> Interest Rate Movement Effect </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_FairValueMeasurementsInterestRateMovementEffect_lbl" xml:lang="en-US"> Interest rate movement effect on fair value measurement. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_FairValueMeasurementsSecurityPriceChangeIncludedInEarnings" xlink:label="nvr_FairValueMeasurementsSecurityPriceChangeIncludedInEarnings"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_FairValueMeasurementsSecurityPriceChangeIncludedInEarnings" xlink:to="nvr_FairValueMeasurementsSecurityPriceChangeIncludedInEarnings_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_FairValueMeasurementsSecurityPriceChangeIncludedInEarnings_lbl" xml:lang="en-US"> Fair Value Measurements Security Price Change Included in Earnings </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_FairValueMeasurementsSecurityPriceChangeIncludedInEarnings_lbl" xml:lang="en-US"> Security Price Change </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_FairValueMeasurementsSecurityPriceChangeIncludedInEarnings_lbl" xml:lang="en-US"> Security price change effect on fair value measurement. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_FairValueTextualAbstract" xlink:label="nvr_FairValueTextualAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_FairValueTextualAbstract" xlink:to="nvr_FairValueTextualAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_FairValueTextualAbstract_lbl" xml:lang="en-US"> Fair Value (Textual) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_FairValueTextualAbstract_lbl" xml:lang="en-US"> Fair Value (Textual) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_FairValueTextualAbstract_lbl" xml:lang="en-US"> Fair Value. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_FallOutRateOfMeasuringFairValueOfRateLockCommitments" xlink:label="nvr_FallOutRateOfMeasuringFairValueOfRateLockCommitments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_FallOutRateOfMeasuringFairValueOfRateLockCommitments" xlink:to="nvr_FallOutRateOfMeasuringFairValueOfRateLockCommitments_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_FallOutRateOfMeasuringFairValueOfRateLockCommitments_lbl" xml:lang="en-US"> Fall Out Rate of Measuring Fair Value of Rate Lock Commitments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_FallOutRateOfMeasuringFairValueOfRateLockCommitments_lbl" xml:lang="en-US"> Fall out rate of measuring fair value of rate lock commitments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_FallOutRateOfMeasuringFairValueOfRateLockCommitments_lbl" xml:lang="en-US"> Fall out rate used when measuring the fair value of rate lock commitments. </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_MortgageLoansOnRealEstateFaceAmountOfMortgages" xlink:label="us-gaap_MortgageLoansOnRealEstateFaceAmountOfMortgages"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MortgageLoansOnRealEstateFaceAmountOfMortgages" xlink:to="us-gaap_MortgageLoansOnRealEstateFaceAmountOfMortgages_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MortgageLoansOnRealEstateFaceAmountOfMortgages_lbl" xml:lang="en-US"> Mortgage Loans on Real Estate, Face Amount of Mortgages </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_MortgageLoansOnRealEstateFaceAmountOfMortgages_lbl" xml:lang="en-US"> Notional or Principal Amount </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_MortgageLoansOnRealEstateFaceAmountOfMortgages_lbl" xml:lang="en-US"> Aggregate principal balance of loans held for sale </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_DebtTextualAbstract" xlink:label="nvr_DebtTextualAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_DebtTextualAbstract" xlink:to="nvr_DebtTextualAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_DebtTextualAbstract_lbl" xml:lang="en-US"> Debt (Textual) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_DebtTextualAbstract_lbl" xml:lang="en-US"> Debt (Textual) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_DebtTextualAbstract_lbl" xml:lang="en-US"> Debt. </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:to="us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_lbl" xml:lang="en-US"> Schedule Of Segment Reporting Information By Segment [Table] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="us-gaap_SegmentReportingInformationLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingInformationLineItems" xlink:to="us-gaap_SegmentReportingInformationLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SegmentReportingInformationLineItems_lbl" xml:lang="en-US"> Segment Reporting Information [Line Items] </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_HomebuildingMidAtlanticMember" xlink:label="nvr_HomebuildingMidAtlanticMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_HomebuildingMidAtlanticMember" xlink:to="nvr_HomebuildingMidAtlanticMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_HomebuildingMidAtlanticMember_lbl" xml:lang="en-US"> Homebuilding Mid Atlantic [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_HomebuildingMidAtlanticMember_lbl" xml:lang="en-US"> Homebuilding Mid Atlantic [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_HomebuildingMidAtlanticMember_lbl" xml:lang="en-US"> Homebuilding Mid Atlantic. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_HomebuildingNorthEastMember" xlink:label="nvr_HomebuildingNorthEastMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_HomebuildingNorthEastMember" xlink:to="nvr_HomebuildingNorthEastMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_HomebuildingNorthEastMember_lbl" xml:lang="en-US"> Homebuilding North East [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_HomebuildingNorthEastMember_lbl" xml:lang="en-US"> Homebuilding North East [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_HomebuildingNorthEastMember_lbl" xml:lang="en-US"> Homebuilding North East. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_HomebuildingMidEastMember" xlink:label="nvr_HomebuildingMidEastMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_HomebuildingMidEastMember" xlink:to="nvr_HomebuildingMidEastMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_HomebuildingMidEastMember_lbl" xml:lang="en-US"> Homebuilding Mid East [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_HomebuildingMidEastMember_lbl" xml:lang="en-US"> Homebuilding Mid East [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_HomebuildingMidEastMember_lbl" xml:lang="en-US"> Homebuilding Mid East. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_HomebuildingSouthEastMember" xlink:label="nvr_HomebuildingSouthEastMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_HomebuildingSouthEastMember" xlink:to="nvr_HomebuildingSouthEastMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_HomebuildingSouthEastMember_lbl" xml:lang="en-US"> Homebuilding South East [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_HomebuildingSouthEastMember_lbl" xml:lang="en-US"> Homebuilding South East [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_HomebuildingSouthEastMember_lbl" xml:lang="en-US"> Homebuilding South East. </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SegmentReportingInformationRevenueAbstract" xlink:label="us-gaap_SegmentReportingInformationRevenueAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingInformationRevenueAbstract" xlink:to="lab_SegmentReportingInformationRevenueAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SegmentReportingInformationRevenueAbstract" xml:lang="en-US"> Segment Reporting Information, Revenue [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_SegmentReportingInformationRevenueAbstract" xml:lang="en-US"> Revenues: </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_Revenues" xlink:label="us-gaap_Revenues"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Revenues" xlink:to="lab_Revenues"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_Revenues" xml:lang="en-US"> Revenues </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_Revenues" xml:lang="en-US"> Revenues </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_CorporateCapitalAllocationChargeAbstract" xlink:label="nvr_CorporateCapitalAllocationChargeAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_CorporateCapitalAllocationChargeAbstract" xlink:to="nvr_CorporateCapitalAllocationChargeAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_CorporateCapitalAllocationChargeAbstract_lbl" xml:lang="en-US"> Corporate Capital Allocation Charge [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_CorporateCapitalAllocationChargeAbstract_lbl" xml:lang="en-US"> Corporate capital allocation charge </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_CorporateCapitalAllocationChargeAbstract_lbl" xml:lang="en-US"> Corporate capital allocation charge. </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock" xlink:label="us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock" xlink:to="lab_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock" xml:lang="en-US"> Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock" xml:lang="en-US"> Profit </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_ContractLandDepositImpairmentsMember" xlink:label="nvr_ContractLandDepositImpairmentsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_ContractLandDepositImpairmentsMember" xlink:to="nvr_ContractLandDepositImpairmentsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_ContractLandDepositImpairmentsMember_lbl" xml:lang="en-US"> Contract Land Deposit Impairments [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_ContractLandDepositImpairmentsMember_lbl" xml:lang="en-US"> Contract Land Deposit Reserve Adjustment [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_ContractLandDepositImpairmentsMember_lbl" xml:lang="en-US"> Contract land deposit impairments. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_CorporateCapitalAllocationMember" xlink:label="nvr_CorporateCapitalAllocationMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_CorporateCapitalAllocationMember" xlink:to="nvr_CorporateCapitalAllocationMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_CorporateCapitalAllocationMember_lbl" xml:lang="en-US"> Corporate Capital Allocation [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_CorporateCapitalAllocationMember_lbl" xml:lang="en-US"> Corporate capital allocation. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_CorporateCapitalAllocationMember_lbl" xml:lang="en-US"> Corporate Capital Allocation [Member] </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_UnallocatedCorporateOverheadMember" xlink:label="nvr_UnallocatedCorporateOverheadMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_UnallocatedCorporateOverheadMember" xlink:to="nvr_UnallocatedCorporateOverheadMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_UnallocatedCorporateOverheadMember_lbl" xml:lang="en-US"> Unallocated Corporate Overhead [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="nvr_UnallocatedCorporateOverheadMember_lbl" xml:lang="en-US"> Unallocated corporate [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_UnallocatedCorporateOverheadMember_lbl" xml:lang="en-US"> Unallocated Corporate Overhead [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_UnallocatedCorporateOverheadMember_lbl" xml:lang="en-US"> Unallocated corporate overhead. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_ConsolidationAdjustmentsAndOtherMember" xlink:label="nvr_ConsolidationAdjustmentsAndOtherMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_ConsolidationAdjustmentsAndOtherMember" xlink:to="nvr_ConsolidationAdjustmentsAndOtherMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_ConsolidationAdjustmentsAndOtherMember_lbl" xml:lang="en-US"> Consolidation Adjustments And Other [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_ConsolidationAdjustmentsAndOtherMember_lbl" xml:lang="en-US"> Consolidation adjustments and other. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_ConsolidationAdjustmentsAndOtherMember_lbl" xml:lang="en-US"> Consolidation Adjustments And Other [Member] </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_CorporateInterestExpenseMember" xlink:label="nvr_CorporateInterestExpenseMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_CorporateInterestExpenseMember" xlink:to="nvr_CorporateInterestExpenseMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_CorporateInterestExpenseMember_lbl" xml:lang="en-US"> Corporate Interest Expense [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_CorporateInterestExpenseMember_lbl" xml:lang="en-US"> Corporate interest expense. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_CorporateInterestExpenseMember_lbl" xml:lang="en-US"> Corporate Interest Expense [Member] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedAbstract" xlink:label="us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedAbstract" xlink:to="lab_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedAbstract" xml:lang="en-US"> Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedAbstract" xml:lang="en-US"> Profit </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock" xlink:label="us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock" xlink:to="lab_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock" xml:lang="en-US"> Reconciliation of Assets from Segment to Consolidated [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock" xml:lang="en-US"> Assets </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_NumberOfReportableBusinessSegments" xlink:label="nvr_NumberOfReportableBusinessSegments"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_NumberOfReportableBusinessSegments" xlink:to="nvr_NumberOfReportableBusinessSegments_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_NumberOfReportableBusinessSegments_lbl" xml:lang="en-US"> Number of Reportable Business Segments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_NumberOfReportableBusinessSegments_lbl" xml:lang="en-US"> Number of reportable business segments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_NumberOfReportableBusinessSegments_lbl" xml:lang="en-US"> Number of reportable business segments. </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="us-gaap_CommitmentsAndContingencies"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommitmentsAndContingencies" xlink:to="lab_CommitmentsAndContingencies"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CommitmentsAndContingencies" xml:lang="en-US"> Commitments and Contingencies </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_CommitmentsAndContingencies" xml:lang="en-US"> Commitments and contingencies </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets" xlink:label="us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets" xlink:to="lab_VariableInterestEntityConsolidatedCarryingAmountAssets"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities" xlink:label="us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities" xlink:to="lab_VariableInterestEntityConsolidatedCarryingAmountLiabilities"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:label="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:to="lab_StockIssuedDuringPeriodSharesStockOptionsExercised"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_StockIssuedDuringPeriodSharesStockOptionsExercised" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_StockIssuedDuringPeriodSharesStockOptionsExercised" xml:lang="en-US"> Options exercised (shares) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_StockIssuedDuringPeriodSharesStockOptionsExercised" xml:lang="en-US"> Stock option exercised </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SegmentDomain" xlink:label="us-gaap_SegmentDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentDomain" xlink:to="lab_SegmentDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SegmentDomain" xml:lang="en-US"> Segment [Domain] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="us-gaap_FairValueDisclosuresAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueDisclosuresAbstract" xlink:to="lab_FairValueDisclosuresAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_FairValueDisclosuresAbstract" xml:lang="en-US"> Fair Value [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="us-gaap_DebtDisclosureAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtDisclosureAbstract" xlink:to="lab_DebtDisclosureAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DebtDisclosureAbstract" xml:lang="en-US"> Debt [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:to="lab_CommitmentsAndContingenciesDisclosureAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_CommitmentsAndContingenciesDisclosureAbstract" xml:lang="en-US"> Commitments and Contingencies [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock" xlink:label="us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock" xlink:to="lab_ScheduleOfProductWarrantyLiabilityTableTextBlock"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeNetAbstract" xlink:label="us-gaap_DerivativeFairValueOfDerivativeNetAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeFairValueOfDerivativeNetAbstract" xlink:to="lab_DerivativeFairValueOfDerivativeNetAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeFairValueOfDerivativeNetAbstract" xml:lang="en-US"> Derivative, Fair Value, Net [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DerivativeFairValueOfDerivativeNetAbstract" xml:lang="en-US"> Undesignated derivative instruments </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ReportableSegmentsMember" xlink:label="us-gaap_ReportableSegmentsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReportableSegmentsMember" xlink:to="lab_ReportableSegmentsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ReportableSegmentsMember" xml:lang="en-US"> Reportable Segment [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ReportableSegmentsMember" xml:lang="en-US"> Reportable Segment [Member] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_MaterialReconcilingItemsMember" xlink:label="us-gaap_MaterialReconcilingItemsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MaterialReconcilingItemsMember" xlink:to="lab_MaterialReconcilingItemsMember"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_MaterialReconcilingItemsMember" xml:lang="en-US"> Significant Reconciling Items [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_MaterialReconcilingItemsMember" xml:lang="en-US"> Reconciling items sub-total [Member] </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_ReconciliationOfAssetFromSegmentToConsolidatedAbstract" xlink:label="nvr_ReconciliationOfAssetFromSegmentToConsolidatedAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_ReconciliationOfAssetFromSegmentToConsolidatedAbstract" xlink:to="nvr_ReconciliationOfAssetFromSegmentToConsolidatedAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_ReconciliationOfAssetFromSegmentToConsolidatedAbstract_lbl" xml:lang="en-US"> Reconciliation of Asset from Segment to Consolidated [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_ReconciliationOfAssetFromSegmentToConsolidatedAbstract_lbl" xml:lang="en-US"> Assets: </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_ReconciliationOfAssetFromSegmentToConsolidatedAbstract_lbl" xml:lang="en-US"> Reconciliation Of Assets From Segment To Consolidated. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_NumberOfFinishedLotsIntendedToBeDevelopedFromRawParcelsOfLand" xlink:label="nvr_NumberOfFinishedLotsIntendedToBeDevelopedFromRawParcelsOfLand"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_NumberOfFinishedLotsIntendedToBeDevelopedFromRawParcelsOfLand" xlink:to="nvr_NumberOfFinishedLotsIntendedToBeDevelopedFromRawParcelsOfLand_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_NumberOfFinishedLotsIntendedToBeDevelopedFromRawParcelsOfLand_lbl" xml:lang="en-US"> Number of Finished Lots Intended to be Developed from Raw Parcels of Land </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_NumberOfFinishedLotsIntendedToBeDevelopedFromRawParcelsOfLand_lbl" xml:lang="en-US"> Number of finished lots for use in homebuilding operations </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_NumberOfFinishedLotsIntendedToBeDevelopedFromRawParcelsOfLand_lbl" xml:lang="en-US"> Number of finished lots intended to be developed from raw parcels of land. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_UnrealizedGainLossFromChangeInFairValueMeasurementsIncludedInEarningsTableTextBlock" xlink:label="nvr_UnrealizedGainLossFromChangeInFairValueMeasurementsIncludedInEarningsTableTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_UnrealizedGainLossFromChangeInFairValueMeasurementsIncludedInEarningsTableTextBlock" xlink:to="nvr_UnrealizedGainLossFromChangeInFairValueMeasurementsIncludedInEarningsTableTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_UnrealizedGainLossFromChangeInFairValueMeasurementsIncludedInEarningsTableTextBlock_lbl" xml:lang="en-US"> Unrealized Gain Loss from Change in Fair Value Measurements Included in Earnings [Table Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_UnrealizedGainLossFromChangeInFairValueMeasurementsIncludedInEarningsTableTextBlock_lbl" xml:lang="en-US"> Fair value measurements </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_UnrealizedGainLossFromChangeInFairValueMeasurementsIncludedInEarningsTableTextBlock_lbl" xml:lang="en-US"> Unrealized gain (loss) from change in fair value measurements of derivatives not designated as hedging instruments included in earnings. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_InventoryOperativeBuilders_lbl" xml:lang="en-US"> Total Inventory </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingIncomeLoss_lbl" xml:lang="en-US"> Operating Income (Loss) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_OperatingIncomeLoss_lbl" xml:lang="en-US"> Operating income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xml:lang="en-US"> Earnings Per Share, Basic </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xml:lang="en-US"> Basic earnings per share </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_lbl" xml:lang="en-US"> Increase (Decrease) in Other Operating Assets and Liabilities, Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_lbl" xml:lang="en-US"> Other, net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_lbl" xml:lang="en-US"> Proceeds from Sale of Property, Plant, and Equipment </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_lbl" xml:lang="en-US"> Proceeds from the sale of property, plant and equipment </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SellingGeneralAndAdministrativeExpense_lbl" xml:lang="en-US"> Selling, General and Administrative Expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_SellingGeneralAndAdministrativeExpense_lbl" xml:lang="en-US"> Selling, general and administrative </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xml:lang="en-US"> Earnings Per Share, Diluted </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xml:lang="en-US"> Diluted earnings per share </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RealEstateInventoryConstructionMaterials_lbl" xml:lang="en-US"> Real Estate Inventory, Construction Materials </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_RealEstateInventoryConstructionMaterials_lbl" xml:lang="en-US"> Manufacturing materials and other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountsReceivableNet_lbl" xml:lang="en-US"> Accounts Receivable, Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_AccountsReceivableNet_lbl" xml:lang="en-US"> Receivables </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_lbl" xml:lang="en-US"> Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_lbl" xml:lang="en-US"> Aggregate investment </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProductWarrantyAccrual_lbl" xml:lang="en-US"> Product Warranty Accrual </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_ProductWarrantyAccrual_lbl" xml:lang="en-US"> Warranty reserve, end of period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_ProductWarrantyAccrual_lbl" xml:lang="en-US"> Warranty reserve, beginning of period </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_DistributionOfEarningsFromUnconsolidatedJointVentures" xlink:label="nvr_DistributionOfEarningsFromUnconsolidatedJointVentures"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_DistributionOfEarningsFromUnconsolidatedJointVentures" xlink:to="nvr_DistributionOfEarningsFromUnconsolidatedJointVentures_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_DistributionOfEarningsFromUnconsolidatedJointVentures_lbl" xml:lang="en-US"> Distribution of Earnings From Unconsolidated Joint Ventures </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_DistributionOfEarningsFromUnconsolidatedJointVentures_lbl" xml:lang="en-US"> Distribution of earnings from unconsolidated joint ventures </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_DistributionOfEarningsFromUnconsolidatedJointVentures_lbl" xml:lang="en-US"> Distribution of earnings from unconsolidated joint ventures. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_EquityMethodInvestmentDividendsOrDistributionsReturnOfCapital" xlink:label="nvr_EquityMethodInvestmentDividendsOrDistributionsReturnOfCapital"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_EquityMethodInvestmentDividendsOrDistributionsReturnOfCapital" xlink:to="nvr_EquityMethodInvestmentDividendsOrDistributionsReturnOfCapital_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_EquityMethodInvestmentDividendsOrDistributionsReturnOfCapital_lbl" xml:lang="en-US"> Equity Method Investment Dividends or Distributions Return of Capital </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_EquityMethodInvestmentDividendsOrDistributionsReturnOfCapital_lbl" xml:lang="en-US"> Distribution of capital from unconsolidated joint ventures </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_EquityMethodInvestmentDividendsOrDistributionsReturnOfCapital_lbl" xml:lang="en-US"> The cash inflow associated with the amount of dividends or other distributions received from unconsolidated subsidiaries, certain corporate joint ventures, and certain non-controlled corporations that constitute a return of investment; these investments are accounted for under the equity method of accounting. This element excludes distributions that are classified as operating activities. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncreaseDecreaseInDepositsOutstanding_lbl" xml:lang="en-US"> Increase in contract land deposits </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_LandUnderDevelopmentDisclosureTextBlock" xlink:label="nvr_LandUnderDevelopmentDisclosureTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_LandUnderDevelopmentDisclosureTextBlock" xlink:to="nvr_LandUnderDevelopmentDisclosureTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_LandUnderDevelopmentDisclosureTextBlock_lbl" xml:lang="en-US"> Land under Development Disclosure [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_LandUnderDevelopmentDisclosureTextBlock_lbl" xml:lang="en-US"> Land Under Development </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_LandUnderDevelopmentDisclosureTextBlock_lbl" xml:lang="en-US"> Land under development. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_VariableInterestEntitiesAndJointVenturesTextualAbstract" xlink:label="nvr_VariableInterestEntitiesAndJointVenturesTextualAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_VariableInterestEntitiesAndJointVenturesTextualAbstract" xlink:to="nvr_VariableInterestEntitiesAndJointVenturesTextualAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_VariableInterestEntitiesAndJointVenturesTextualAbstract_lbl" xml:lang="en-US"> Variable Interest Entities and Joint Ventures (Textual) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_VariableInterestEntitiesAndJointVenturesTextualAbstract_lbl" xml:lang="en-US"> Variable Interest Entities and Joint Ventures (Textual) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_VariableInterestEntitiesAndJointVenturesTextualAbstract_lbl" xml:lang="en-US"> Variable interest entities and joint ventures. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_LandUnderDevelopmentTextualAbstract" xlink:label="nvr_LandUnderDevelopmentTextualAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_LandUnderDevelopmentTextualAbstract" xlink:to="nvr_LandUnderDevelopmentTextualAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_LandUnderDevelopmentTextualAbstract_lbl" xml:lang="en-US"> Land Under Development (Textual) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_LandUnderDevelopmentTextualAbstract_lbl" xml:lang="en-US"> Land Under Development (Textual) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_LandUnderDevelopmentTextualAbstract_lbl" xml:lang="en-US"> Land under development. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_IncomeLossFromContinuingOperationsBeforeIncomeTaxes" xlink:label="nvr_IncomeLossFromContinuingOperationsBeforeIncomeTaxes"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_IncomeLossFromContinuingOperationsBeforeIncomeTaxes" xlink:to="nvr_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_lbl" xml:lang="en-US"> Income Loss from Continuing Operations Before Income Taxes </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_lbl" xml:lang="en-US"> Consolidated income before taxes </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="nvr_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_lbl" xml:lang="en-US"> Mortgage banking income </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="nvr_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_lbl" xml:lang="en-US"> Income before taxes </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_lbl" xml:lang="en-US"> Income from continuing operations before income taxes. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_RiskOfLossRelatedToContractLandDepositsTableTextBlock" xlink:label="nvr_RiskOfLossRelatedToContractLandDepositsTableTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_RiskOfLossRelatedToContractLandDepositsTableTextBlock" xlink:to="nvr_RiskOfLossRelatedToContractLandDepositsTableTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_RiskOfLossRelatedToContractLandDepositsTableTextBlock_lbl" xml:lang="en-US"> Risk of Loss Related to Contract Land Deposits [Table Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_RiskOfLossRelatedToContractLandDepositsTableTextBlock_lbl" xml:lang="en-US"> Total risk related to lot options </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_RiskOfLossRelatedToContractLandDepositsTableTextBlock_lbl" xml:lang="en-US"> The total risk of loss related to contract land deposits. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_PowerOfDevelopersEquityHoldersToDirectOperatingActivitiesOfDevelopmentEntity" xlink:label="nvr_PowerOfDevelopersEquityHoldersToDirectOperatingActivitiesOfDevelopmentEntity"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_PowerOfDevelopersEquityHoldersToDirectOperatingActivitiesOfDevelopmentEntity" xlink:to="nvr_PowerOfDevelopersEquityHoldersToDirectOperatingActivitiesOfDevelopmentEntity_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_PowerOfDevelopersEquityHoldersToDirectOperatingActivitiesOfDevelopmentEntity_lbl" xml:lang="en-US"> Power of Developers Equity Holders to Direct Operating Activities of Development Entity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_PowerOfDevelopersEquityHoldersToDirectOperatingActivitiesOfDevelopmentEntity_lbl" xml:lang="en-US"> Power of developer's equity holders to direct operating activities of the development entity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_PowerOfDevelopersEquityHoldersToDirectOperatingActivitiesOfDevelopmentEntity_lbl" xml:lang="en-US"> Power of developer's equity holders to direct operating activities of the development entity. </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:label="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:to="lab_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xml:lang="en-US"> Incremental Common Shares Attributable to Share-based Payment Arrangements </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xml:lang="en-US"> Stock options and restricted share units </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_CostsAccruedForNewWarrantyContractsAndChangesInEstimatesForPreExistingWarranties" xlink:label="nvr_CostsAccruedForNewWarrantyContractsAndChangesInEstimatesForPreExistingWarranties"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_CostsAccruedForNewWarrantyContractsAndChangesInEstimatesForPreExistingWarranties" xlink:to="nvr_CostsAccruedForNewWarrantyContractsAndChangesInEstimatesForPreExistingWarranties_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_CostsAccruedForNewWarrantyContractsAndChangesInEstimatesForPreExistingWarranties_lbl" xml:lang="en-US"> Costs Accrued for New Warranty Contracts and Changes in Estimates for Pre Existing Warranties </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_CostsAccruedForNewWarrantyContractsAndChangesInEstimatesForPreExistingWarranties_lbl" xml:lang="en-US"> Provision </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_CostsAccruedForNewWarrantyContractsAndChangesInEstimatesForPreExistingWarranties_lbl" xml:lang="en-US"> Represents the aggregate increase in the liability for accruals related to standard and extended product warranties issued during the reporting period and changes in estimates for pre-existing warranties. </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock" xlink:label="us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock" xlink:to="lab_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock" xml:lang="en-US"> Reconciliation of Revenue from Segments to Consolidated [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock" xml:lang="en-US"> Revenues </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_SegmentReportingReconcilingItemsForOperatingProfitLossFromSegmentToConsolidatedAmount" xlink:label="nvr_SegmentReportingReconcilingItemsForOperatingProfitLossFromSegmentToConsolidatedAmount"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_SegmentReportingReconcilingItemsForOperatingProfitLossFromSegmentToConsolidatedAmount" xlink:to="nvr_SegmentReportingReconcilingItemsForOperatingProfitLossFromSegmentToConsolidatedAmount_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_SegmentReportingReconcilingItemsForOperatingProfitLossFromSegmentToConsolidatedAmount_lbl" xml:lang="en-US"> Segment Reporting, Reconciling Items for Operating Profit (Loss) from Segment to Consolidated, Amount </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_SegmentReportingReconcilingItemsForOperatingProfitLossFromSegmentToConsolidatedAmount_lbl" xml:lang="en-US"> Segment reporting reconciling item for operating profit </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_SegmentReportingReconcilingItemsForOperatingProfitLossFromSegmentToConsolidatedAmount_lbl" xml:lang="en-US"> Amount of an item in the reconciliation of total profit or loss from reportable segments, to the entity's consolidated income before income taxes, extraordinary items, discontinued operations. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_AverageBasisPointsOfServicingLoanAmount" xlink:label="nvr_AverageBasisPointsOfServicingLoanAmount"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_AverageBasisPointsOfServicingLoanAmount" xlink:to="nvr_AverageBasisPointsOfServicingLoanAmount_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_AverageBasisPointsOfServicingLoanAmount_lbl" xml:lang="en-US"> Average Basis Points of Servicing the Loan Amount </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_AverageBasisPointsOfServicingLoanAmount_lbl" xml:lang="en-US"> Average basis points of loan amount </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_AverageBasisPointsOfServicingLoanAmount_lbl" xml:lang="en-US"> Average value of servicing rights per loan amount. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_SegmentReportingAssetReconcilingItemsAmount" xlink:label="nvr_SegmentReportingAssetReconcilingItemsAmount"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_SegmentReportingAssetReconcilingItemsAmount" xlink:to="nvr_SegmentReportingAssetReconcilingItemsAmount_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_SegmentReportingAssetReconcilingItemsAmount_lbl" xml:lang="en-US"> Segment Reporting Asset Reconciling Items Amount </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_SegmentReportingAssetReconcilingItemsAmount_lbl" xml:lang="en-US"> Consolidation adjustments and other </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_SegmentReportingAssetReconcilingItemsAmount_lbl" xml:lang="en-US"> Amount of an item in the reconciliation of total assets from reportable segments to the entity's consolidated assets. </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="us-gaap_DeferredTaxAssetsNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsNet" xlink:to="lab_DeferredTaxAssetsNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredTaxAssetsNet" xml:lang="en-US"> Deferred Tax Assets, Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_DeferredTaxAssetsNet" xml:lang="en-US"> Deferred taxes </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DeferredTaxAssetsNet" xml:lang="en-US"> Deferred tax assets, net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PostconfirmationReorganizationValueInExcessOfAmountsAllocableToIdentifiableAssets_lbl" xml:lang="en-US"> Postconfirmation, Reorganization Value in Excess of Amounts Allocable to Identifiable Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PostconfirmationReorganizationValueInExcessOfAmountsAllocableToIdentifiableAssets_lbl" xml:lang="en-US"> Intangible assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_PostconfirmationReorganizationValueInExcessOfAmountsAllocableToIdentifiableAssets_lbl" xml:lang="en-US"> Reorganization value in excess of amounts allocable to identifiable assets, net </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_ContractLandDepositsRiskOfLoss" xlink:label="nvr_ContractLandDepositsRiskOfLoss"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_ContractLandDepositsRiskOfLoss" xlink:to="nvr_ContractLandDepositsRiskOfLoss_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_ContractLandDepositsRiskOfLoss_lbl" xml:lang="en-US"> Contract Land Deposits Risk of Loss </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="nvr_ContractLandDepositsRiskOfLoss_lbl" xml:lang="en-US"> Total risk of loss </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_ContractLandDepositsRiskOfLoss_lbl" xml:lang="en-US"> Quantifies the entity's maximum exposure to loss related to contract land deposits. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_SegmentReportingAssetReconcilingItemNetAmount" xlink:label="nvr_SegmentReportingAssetReconcilingItemNetAmount"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_SegmentReportingAssetReconcilingItemNetAmount" xlink:to="nvr_SegmentReportingAssetReconcilingItemNetAmount_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_SegmentReportingAssetReconcilingItemNetAmount_lbl" xml:lang="en-US"> Segment Reporting Asset Reconciling Item Net Amount </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="nvr_SegmentReportingAssetReconcilingItemNetAmount_lbl" xml:lang="en-US"> Reconciling items sub-total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_SegmentReportingAssetReconcilingItemNetAmount_lbl" xml:lang="en-US"> Total amount of items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_ScheduleOfUndesignatedDerivativeInstrumentsInStatementOfFinancialPositionFairValueTableTextBlock" xlink:label="nvr_ScheduleOfUndesignatedDerivativeInstrumentsInStatementOfFinancialPositionFairValueTableTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_ScheduleOfUndesignatedDerivativeInstrumentsInStatementOfFinancialPositionFairValueTableTextBlock" xlink:to="nvr_ScheduleOfUndesignatedDerivativeInstrumentsInStatementOfFinancialPositionFairValueTableTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_ScheduleOfUndesignatedDerivativeInstrumentsInStatementOfFinancialPositionFairValueTableTextBlock_lbl" xml:lang="en-US"> Schedule of Undesignated Derivative Instruments in Statement of Financial Position Fair Value [Table Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_ScheduleOfUndesignatedDerivativeInstrumentsInStatementOfFinancialPositionFairValueTableTextBlock_lbl" xml:lang="en-US"> Undesignated derivative instruments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_ScheduleOfUndesignatedDerivativeInstrumentsInStatementOfFinancialPositionFairValueTableTextBlock_lbl" xml:lang="en-US"> Tabular disclosure of the location and fair value amounts of derivative instruments not designated as hedging instruments reported in the statement of financial position. </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeNetAbstract" xlink:label="us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeNetAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeNetAbstract" xlink:to="lab_DerivativeInstrumentsGainLossRecognizedInIncomeNetAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeInstrumentsGainLossRecognizedInIncomeNetAbstract" xml:lang="en-US"> Derivative Instruments, Gain (Loss) Recognized in Income, Net [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DerivativeInstrumentsGainLossRecognizedInIncomeNetAbstract" xml:lang="en-US"> Fair value measurements </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_FairValueMeasurementsChangesInServicingRightsValue" xlink:label="nvr_FairValueMeasurementsChangesInServicingRightsValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_FairValueMeasurementsChangesInServicingRightsValue" xlink:to="nvr_FairValueMeasurementsChangesInServicingRightsValue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_FairValueMeasurementsChangesInServicingRightsValue_lbl" xml:lang="en-US"> Fair Value Measurements Changes in Servicing Rights Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_FairValueMeasurementsChangesInServicingRightsValue_lbl" xml:lang="en-US"> Servicing Rights Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_FairValueMeasurementsChangesInServicingRightsValue_lbl" xml:lang="en-US"> Fair value measurement changes attributable to servicing rights value changes. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_RepurchaseFacilityBorrowingCapacity" xlink:label="nvr_RepurchaseFacilityBorrowingCapacity"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_RepurchaseFacilityBorrowingCapacity" xlink:to="nvr_RepurchaseFacilityBorrowingCapacity_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_RepurchaseFacilityBorrowingCapacity_lbl" xml:lang="en-US"> Repurchase Facility Borrowing Capacity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_RepurchaseFacilityBorrowingCapacity_lbl" xml:lang="en-US"> Repurchase agreement maximum loan borrowing capacity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_RepurchaseFacilityBorrowingCapacity_lbl" xml:lang="en-US"> Borrowing capacity under the repurchase agreement. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_LandUnderDevelopmentAbstract" xlink:label="nvr_LandUnderDevelopmentAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_LandUnderDevelopmentAbstract" xlink:to="nvr_LandUnderDevelopmentAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_LandUnderDevelopmentAbstract_lbl" xml:lang="en-US"> Land Under Development [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_LandUnderDevelopmentAbstract_lbl" xml:lang="en-US"> Land under development. </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeTable" xlink:label="us-gaap_DerivativeTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeTable" xlink:to="lab_DerivativeTable"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeTable" xml:lang="en-US"> Derivative [Table] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeByNatureAxis" xlink:label="us-gaap_DerivativeByNatureAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeByNatureAxis" xlink:to="lab_DerivativeByNatureAxis"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeByNatureAxis" xml:lang="en-US"> Derivative, by Nature [Axis] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeNameDomain" xlink:label="us-gaap_DerivativeNameDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeNameDomain" xlink:to="lab_DerivativeNameDomain"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeNameDomain" xml:lang="en-US"> Derivative, Name [Domain] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="us-gaap_DerivativeLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeLineItems" xlink:to="lab_DerivativeLineItems"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeLineItems" xml:lang="en-US"> Derivative [Line Items] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_VariableInterestEntityConsolidatedCarryingAmountLiabilities" xml:lang="en-US"> Variable Interest Entity, Consolidated, Carrying Amount, Liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_VariableInterestEntityConsolidatedCarryingAmountLiabilities" xml:lang="en-US"> Total liabilities and equity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_VariableInterestEntityConsolidatedCarryingAmountLiabilities" xml:lang="en-US"> Liabilities related to consolidated variable interest entity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_VariableInterestEntityConsolidatedCarryingAmountAssets" xml:lang="en-US"> Variable Interest Entity, Consolidated, Carrying Amount, Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_VariableInterestEntityConsolidatedCarryingAmountAssets" xml:lang="en-US"> Consolidated variable interest entity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="lab_VariableInterestEntityConsolidatedCarryingAmountAssets" xml:lang="en-US"> Total assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_VariableInterestEntityConsolidatedCarryingAmountAssets" xml:lang="en-US"> Assets related to consolidated variable interest entity </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue" xlink:label="us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue" xlink:to="lab_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue"/>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_NumberOfJointVenturesCompanyIsNotPrimaryBeneficiary" xlink:label="nvr_NumberOfJointVenturesCompanyIsNotPrimaryBeneficiary"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_NumberOfJointVenturesCompanyIsNotPrimaryBeneficiary" xlink:to="nvr_NumberOfJointVenturesCompanyIsNotPrimaryBeneficiary_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_NumberOfJointVenturesCompanyIsNotPrimaryBeneficiary_lbl" xml:lang="en-US"> Number of Joint Ventures Company is Not Primary Beneficiary </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_NumberOfJointVenturesCompanyIsNotPrimaryBeneficiary_lbl" xml:lang="en-US"> Number of Joint Ventures NVR is Not Primary Beneficiary </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_NumberOfJointVenturesCompanyIsNotPrimaryBeneficiary_lbl" xml:lang="en-US"> Number of joint ventures the Company is deemed not the primary beneficiary. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMortgageBanking" xlink:label="nvr_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMortgageBanking"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMortgageBanking" xlink:to="nvr_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMortgageBanking_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMortgageBanking_lbl" xml:lang="en-US"> Income Loss from Continuing Operations Before Income Taxes Mortgage Banking </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMortgageBanking_lbl" xml:lang="en-US"> Mortgage Banking </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMortgageBanking_lbl" xml:lang="en-US"> Mortgage banking income from continuing operations before stock-based compensation expense and income taxes. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_AssetsMortgageBanking" xlink:label="nvr_AssetsMortgageBanking"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_AssetsMortgageBanking" xlink:to="nvr_AssetsMortgageBanking_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_AssetsMortgageBanking_lbl" xml:lang="en-US"> Assets Mortgage Banking </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_AssetsMortgageBanking_lbl" xml:lang="en-US"> Mortgage Banking </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_AssetsMortgageBanking_lbl" xml:lang="en-US"> Sum of the carrying amounts as of the balance sheet date of all mortgage banking assets that are recognized excluding reorganization value in excess of amounts allocable to identifiable assets. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_InventoryNetAbstract" xlink:label="us-gaap_InventoryNetAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryNetAbstract" xlink:to="lab_InventoryNetAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_InventoryNetAbstract" xml:lang="en-US"> Inventory, Net [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_InventoryNetAbstract" xml:lang="en-US"> Inventory: </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_RiskRelatedToLotOptionsAbstract" xlink:label="nvr_RiskRelatedToLotOptionsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_RiskRelatedToLotOptionsAbstract" xlink:to="nvr_RiskRelatedToLotOptionsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_RiskRelatedToLotOptionsAbstract_lbl" xml:lang="en-US"> Risk Related to Lot Options [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_RiskRelatedToLotOptionsAbstract_lbl" xml:lang="en-US"> Total risk related to lot options </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_RiskRelatedToLotOptionsAbstract_lbl" xml:lang="en-US"> Risk related to lot options. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensation_lbl" xml:lang="en-US"> Share-based Compensation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_ShareBasedCompensation_lbl" xml:lang="en-US"> Equity-based compensation expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ShareBasedCompensation_lbl" xml:lang="en-US"> Equity-based compensation expense </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_lbl" xml:lang="en-US"> Excess Tax Benefit from Share-based Compensation, Operating Activities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_lbl" xml:lang="en-US"> Excess income tax benefit from equity-based compensation </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill" xlink:label="us-gaap_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill" xlink:to="lab_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill" xml:lang="en-US"> Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill" xml:lang="en-US"> Impairment of excess reorganization value </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_ContractLandDepositAssetImpairmentCharges" xlink:label="nvr_ContractLandDepositAssetImpairmentCharges"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_ContractLandDepositAssetImpairmentCharges" xlink:to="nvr_ContractLandDepositAssetImpairmentCharges_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_ContractLandDepositAssetImpairmentCharges_lbl" xml:lang="en-US"> Contract Land Deposit Asset Impairment Charges </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_ContractLandDepositAssetImpairmentCharges_lbl" xml:lang="en-US"> Pre-tax charges related to impairment of contract land deposits </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_ContractLandDepositAssetImpairmentCharges_lbl" xml:lang="en-US"> The charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value related to contract land deposits. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_CorporateCapitalAllocationCharge" xlink:label="nvr_CorporateCapitalAllocationCharge"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_CorporateCapitalAllocationCharge" xlink:to="nvr_CorporateCapitalAllocationCharge_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_CorporateCapitalAllocationCharge_lbl" xml:lang="en-US"> Corporate Capital Allocation Charge </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_CorporateCapitalAllocationCharge_lbl" xml:lang="en-US"> Corporate capital allocation charge. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_CorporateCapitalAllocationCharge_lbl" xml:lang="en-US"> Corporate Capital Allocation </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfWeightedAverageNumberOfSharesTableTextBlock" xlink:label="us-gaap_ScheduleOfWeightedAverageNumberOfSharesTableTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfWeightedAverageNumberOfSharesTableTextBlock" xlink:to="lab_ScheduleOfWeightedAverageNumberOfSharesTableTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ScheduleOfWeightedAverageNumberOfSharesTableTextBlock" xml:lang="en-US"> Schedule of Weighted Average Number of Shares [Table Text Block] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAbstract" xlink:label="us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAbstract" xlink:to="lab_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAbstract" xml:lang="en-US"> Derivative Instruments Not Designated as Hedging Instruments [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAbstract" xml:lang="en-US"> Derivative Assets: </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract" xlink:to="lab_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract" xml:lang="en-US"> Weighted average shares and share equivalents to calculate basic and diluted earnings per share </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_WeightedAverageNumberOfSharesOutstandingDilutedDisclosureItemsAbstract" xml:lang="en-US"> Weighted Average Number of Shares Outstanding Reconciliation [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SegmentReportingAbstract" xlink:label="us-gaap_SegmentReportingAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingAbstract" xlink:to="lab_SegmentReportingAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_SegmentReportingAbstract" xml:lang="en-US"> Segment Disclosures [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_EquityAbstract" xlink:label="us-gaap_EquityAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityAbstract" xlink:to="us-gaap_EquityAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EquityAbstract_lbl" xml:lang="en-US"> Shareholders' Equity [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTable" xlink:label="us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTable" xlink:to="us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTable_lbl" xml:lang="en-US"> Reconciliation Of Revenue From Segments To Consolidated [Table] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="us-gaap_StatementGeographicalAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementGeographicalAxis" xlink:to="us-gaap_StatementGeographicalAxis_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementGeographicalAxis_lbl" xml:lang="en-US"> Statement Geographical [Axis] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="us-gaap_SegmentGeographicalDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentGeographicalDomain" xlink:to="us-gaap_SegmentGeographicalDomain_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SegmentGeographicalDomain_lbl" xml:lang="en-US"> Segment Geographical [Domain] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SegmentReportingRevenueReconcilingItemLineItems" xlink:label="us-gaap_SegmentReportingRevenueReconcilingItemLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingRevenueReconcilingItemLineItems" xlink:to="us-gaap_SegmentReportingRevenueReconcilingItemLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SegmentReportingRevenueReconcilingItemLineItems_lbl" xml:lang="en-US"> Segment Reporting Revenue Reconciling Item [Line Items] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTable" xlink:label="us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTable" xlink:to="us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTable_lbl" xml:lang="en-US"> Reconciliation Of Operating Profit Loss From Segments To Consolidated [Table] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SegmentReportingReconcilingItemForOperatingProfitLossFromSegmentToConsolidatedLineItems" xlink:label="us-gaap_SegmentReportingReconcilingItemForOperatingProfitLossFromSegmentToConsolidatedLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingReconcilingItemForOperatingProfitLossFromSegmentToConsolidatedLineItems" xlink:to="us-gaap_SegmentReportingReconcilingItemForOperatingProfitLossFromSegmentToConsolidatedLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SegmentReportingReconcilingItemForOperatingProfitLossFromSegmentToConsolidatedLineItems_lbl" xml:lang="en-US"> Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ReconciliationOfOtherSignificantReconcilingItemsFromSegmentsToConsolidatedTable" xlink:label="us-gaap_ReconciliationOfOtherSignificantReconcilingItemsFromSegmentsToConsolidatedTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReconciliationOfOtherSignificantReconcilingItemsFromSegmentsToConsolidatedTable" xlink:to="us-gaap_ReconciliationOfOtherSignificantReconcilingItemsFromSegmentsToConsolidatedTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ReconciliationOfOtherSignificantReconcilingItemsFromSegmentsToConsolidatedTable_lbl" xml:lang="en-US"> Reconciliation Of Other Significant Reconciling Items From Segments To Consolidated [Table] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_SegmentReportingOtherSignificantReconcilingItemLineItems" xlink:label="us-gaap_SegmentReportingOtherSignificantReconcilingItemLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingOtherSignificantReconcilingItemLineItems" xlink:to="us-gaap_SegmentReportingOtherSignificantReconcilingItemLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SegmentReportingOtherSignificantReconcilingItemLineItems_lbl" xml:lang="en-US"> Segment Reporting Other Significant Reconciling Item [Line Items] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Assets_lbl" xml:lang="en-US"> Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_Assets_lbl" xml:lang="en-US"> Total assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_Assets_lbl" xml:lang="en-US"> Total assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_Assets_lbl" xml:lang="en-US"> Consolidated Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Liabilities_lbl" xml:lang="en-US"> Liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_Liabilities_lbl" xml:lang="en-US"> Total liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_Liabilities_lbl" xml:lang="en-US"> Debt </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_lbl" xml:lang="en-US"> Accrued Liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_lbl" xml:lang="en-US"> Accrued expenses </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_lbl" xml:lang="en-US"> Accrued Liabilities, Total </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_lbl" xml:lang="en-US"> Accrued expenses and other liabilities </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProductWarrantyAccrualPayments_lbl" xml:lang="en-US"> Product Warranty Accrual, Payments </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_ProductWarrantyAccrualPayments_lbl" xml:lang="en-US"> Payments </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_VariableInterestEntitiesAndJointVenturesAbstract" xlink:label="nvr_VariableInterestEntitiesAndJointVenturesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_VariableInterestEntitiesAndJointVenturesAbstract" xlink:to="nvr_VariableInterestEntitiesAndJointVenturesAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_VariableInterestEntitiesAndJointVenturesAbstract_lbl" xml:lang="en-US"> Variable Interest Entities and Joint Ventures [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_VariableInterestEntitiesAndJointVenturesAbstract_lbl" xml:lang="en-US"> Variable interest entities and joint ventures. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_VariableInterestEntitiesAndJointVenturesTextBlock" xlink:label="nvr_VariableInterestEntitiesAndJointVenturesTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_VariableInterestEntitiesAndJointVenturesTextBlock" xlink:to="nvr_VariableInterestEntitiesAndJointVenturesTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_VariableInterestEntitiesAndJointVenturesTextBlock_lbl" xml:lang="en-US"> Variable Interest Entities And Joint Ventures [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_VariableInterestEntitiesAndJointVenturesTextBlock_lbl" xml:lang="en-US"> Variable Interest Entities and Joint Ventures </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_VariableInterestEntitiesAndJointVenturesTextBlock_lbl" xml:lang="en-US"> Variable interest entities and joint ventures. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_RestrictedCashRelatedToConsolidatedJointVenture" xlink:label="nvr_RestrictedCashRelatedToConsolidatedJointVenture"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_RestrictedCashRelatedToConsolidatedJointVenture" xlink:to="nvr_RestrictedCashRelatedToConsolidatedJointVenture_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_RestrictedCashRelatedToConsolidatedJointVenture_lbl" xml:lang="en-US"> Restricted Cash Related to Consolidated Joint Venture </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_RestrictedCashRelatedToConsolidatedJointVenture_lbl" xml:lang="en-US"> Restricted Cash </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_RestrictedCashRelatedToConsolidatedJointVenture_lbl" xml:lang="en-US"> Restricted cash related to consolidated joint venture. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_OtherAssetsRelatedToConsolidatedJointVenture" xlink:label="nvr_OtherAssetsRelatedToConsolidatedJointVenture"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_OtherAssetsRelatedToConsolidatedJointVenture" xlink:to="nvr_OtherAssetsRelatedToConsolidatedJointVenture_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_OtherAssetsRelatedToConsolidatedJointVenture_lbl" xml:lang="en-US"> Other Assets Related to Consolidated Joint Venture </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_OtherAssetsRelatedToConsolidatedJointVenture_lbl" xml:lang="en-US"> Other Assets </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_OtherAssetsRelatedToConsolidatedJointVenture_lbl" xml:lang="en-US"> Other assets related to consolidated joint venture. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_LandUnderDevelopmentRelatedToConsolidatedJointVenture" xlink:label="nvr_LandUnderDevelopmentRelatedToConsolidatedJointVenture"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_LandUnderDevelopmentRelatedToConsolidatedJointVenture" xlink:to="nvr_LandUnderDevelopmentRelatedToConsolidatedJointVenture_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_LandUnderDevelopmentRelatedToConsolidatedJointVenture_lbl" xml:lang="en-US"> Land Under Development Related to Consolidated Joint Venture </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_LandUnderDevelopmentRelatedToConsolidatedJointVenture_lbl" xml:lang="en-US"> Land under development </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_LandUnderDevelopmentRelatedToConsolidatedJointVenture_lbl" xml:lang="en-US"> Land under development related to consolidated joint venture. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_EquityRelatedToConsolidatedJointVenture" xlink:label="nvr_EquityRelatedToConsolidatedJointVenture"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_EquityRelatedToConsolidatedJointVenture" xlink:to="nvr_EquityRelatedToConsolidatedJointVenture_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_EquityRelatedToConsolidatedJointVenture_lbl" xml:lang="en-US"> Equity Related to Consolidated Joint Venture </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_EquityRelatedToConsolidatedJointVenture_lbl" xml:lang="en-US"> Equity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_EquityRelatedToConsolidatedJointVenture_lbl" xml:lang="en-US"> Equity related to consolidated joint venture. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_AccruedExpensesRelatedToConsolidatedJointVenture" xlink:label="nvr_AccruedExpensesRelatedToConsolidatedJointVenture"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_AccruedExpensesRelatedToConsolidatedJointVenture" xlink:to="nvr_AccruedExpensesRelatedToConsolidatedJointVenture_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_AccruedExpensesRelatedToConsolidatedJointVenture_lbl" xml:lang="en-US"> Accrued Expenses Related to Consolidated Joint Venture </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_AccruedExpensesRelatedToConsolidatedJointVenture_lbl" xml:lang="en-US"> Accrued expenses related to consolidated joint venture. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_AccruedExpensesRelatedToConsolidatedJointVenture_lbl" xml:lang="en-US"> Accrued expenses </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_VariableInterestEntityConsolidatedCarryingAmountLiabilitiesAndEquity" xlink:label="nvr_VariableInterestEntityConsolidatedCarryingAmountLiabilitiesAndEquity"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_VariableInterestEntityConsolidatedCarryingAmountLiabilitiesAndEquity" xlink:to="nvr_VariableInterestEntityConsolidatedCarryingAmountLiabilitiesAndEquity_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_VariableInterestEntityConsolidatedCarryingAmountLiabilitiesAndEquity_lbl" xml:lang="en-US"> Variable Interest Entity Consolidated Carrying Amount Liabilities And Equity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="nvr_VariableInterestEntityConsolidatedCarryingAmountLiabilitiesAndEquity_lbl" xml:lang="en-US"> Total liabilities and shareholders' equity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_VariableInterestEntityConsolidatedCarryingAmountLiabilitiesAndEquity_lbl" xml:lang="en-US"> The carrying amount of the consolidated joint venture's liability and equity included in the reporting entity's statement of financial position. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_NonRecourseDebtRelatedToConsolidatedJointVenture" xlink:label="nvr_NonRecourseDebtRelatedToConsolidatedJointVenture"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_NonRecourseDebtRelatedToConsolidatedJointVenture" xlink:to="nvr_NonRecourseDebtRelatedToConsolidatedJointVenture_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_NonRecourseDebtRelatedToConsolidatedJointVenture_lbl" xml:lang="en-US"> Non Recourse Debt Related to Consolidated Joint Venture </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_NonRecourseDebtRelatedToConsolidatedJointVenture_lbl" xml:lang="en-US"> Debt </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_NonRecourseDebtRelatedToConsolidatedJointVenture_lbl" xml:lang="en-US"> Non-recourse debt related to consolidated joint venture. </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet" xlink:label="us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet" xlink:to="lab_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet" xml:lang="en-US"> Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_NumberOfRawParcelsOfLandAcquired" xlink:label="nvr_NumberOfRawParcelsOfLandAcquired"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_NumberOfRawParcelsOfLandAcquired" xlink:to="nvr_NumberOfRawParcelsOfLandAcquired_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_NumberOfRawParcelsOfLandAcquired_lbl" xml:lang="en-US"> Number of Raw Parcels of Land Acquired </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_NumberOfRawParcelsOfLandAcquired_lbl" xml:lang="en-US"> Number of raw parcels of land acquired </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_NumberOfRawParcelsOfLandAcquired_lbl" xml:lang="en-US"> Number of raw parcels of land acquired. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_ExpirationDateOfRepurchaseAgreement" xlink:label="nvr_ExpirationDateOfRepurchaseAgreement"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_ExpirationDateOfRepurchaseAgreement" xlink:to="nvr_ExpirationDateOfRepurchaseAgreement_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_ExpirationDateOfRepurchaseAgreement_lbl" xml:lang="en-US"> Expiration Date Of Repurchase Agreement </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_ExpirationDateOfRepurchaseAgreement_lbl" xml:lang="en-US"> Expiration date of Repurchase Agreement </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_ExpirationDateOfRepurchaseAgreement_lbl" xml:lang="en-US"> Expiration date of repurchase agreement. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainLossOnSaleOfMortgageLoans_lbl" xml:lang="en-US"> Gain (Loss) on Sale of Mortgage Loans </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_GainLossOnSaleOfMortgageLoans_lbl" xml:lang="en-US"> Gain on sale of loans </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeLiabilitiesAbstract" xlink:label="us-gaap_DerivativeLiabilitiesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeLiabilitiesAbstract" xlink:to="lab_DerivativeLiabilitiesAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeLiabilitiesAbstract" xml:lang="en-US"> Derivative Liabilities [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DerivativeLiabilitiesAbstract" xml:lang="en-US"> Derivative Liabilities: </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue" xlink:label="us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue" xlink:to="lab_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue" xml:lang="en-US"> Derivative Instruments Not Designated as Hedging Instruments, Liability, at Fair Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue" xml:lang="en-US"> Rate Lock Commitments </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_AccountsPayableAndOtherLiabilitiesMember" xlink:label="nvr_AccountsPayableAndOtherLiabilitiesMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_AccountsPayableAndOtherLiabilitiesMember" xlink:to="nvr_AccountsPayableAndOtherLiabilitiesMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_AccountsPayableAndOtherLiabilitiesMember_lbl" xml:lang="en-US"> Accounts Payable And Other Liabilities [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_AccountsPayableAndOtherLiabilitiesMember_lbl" xml:lang="en-US"> NVRM - Accounts payable and other liabilities [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_AccountsPayableAndOtherLiabilitiesMember_lbl" xml:lang="en-US"> Accounts payable and other liabilities. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentNet_lbl" xml:lang="en-US"> Property, Plant and Equipment, Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentNet_lbl" xml:lang="en-US"> Property, Plant and Equipment, Net, Ending Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentNet_lbl" xml:lang="en-US"> Property, Plant and Equipment, Net, Beginning Balance </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentNet_lbl" xml:lang="en-US"> Property, Plant and Equipment, Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentNet_lbl" xml:lang="en-US"> Property, plant and equipment, net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ResidentialMortgageMember_lbl" xml:lang="en-US"> Residential Mortgage [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ResidentialMortgageMember_lbl" xml:lang="en-US"> Mortgage Banking [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ResidentialMortgageMember_lbl" xml:lang="en-US"> Mortgage Banking: </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue" xml:lang="en-US"> Derivative Instruments Not Designated as Hedging Instruments, Asset, at Fair Value </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_DerivativeInstrumentsFairValueAdjustmentGainLoss" xlink:label="nvr_DerivativeInstrumentsFairValueAdjustmentGainLoss"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_DerivativeInstrumentsFairValueAdjustmentGainLoss" xlink:to="nvr_DerivativeInstrumentsFairValueAdjustmentGainLoss_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_DerivativeInstrumentsFairValueAdjustmentGainLoss_lbl" xml:lang="en-US"> Derivative Instruments Fair Value Adjustment Gain Loss </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="nvr_DerivativeInstrumentsFairValueAdjustmentGainLoss_lbl" xml:lang="en-US"> Total Fair Value Adjustment Gain/(Loss) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="nvr_DerivativeInstrumentsFairValueAdjustmentGainLoss_lbl" xml:lang="en-US"> Total Fair Value Adjustment Gain/(Loss) </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_DerivativeInstrumentsFairValueAdjustmentGainLoss_lbl" xml:lang="en-US"> Increase/decrease in fair value of loans held for sale </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_DerivativeInstrumentsFairValueAdjustmentGainLoss_lbl" xml:lang="en-US"> The amount of net gains and losses recognized in income during the period on derivative instruments not designated as hedging instruments. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncreaseDecreaseInInventories_lbl" xml:lang="en-US"> Increase in inventory </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet" xml:lang="en-US"> Fair value adjustment gain/loss </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeNet" xlink:label="us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeNet"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeNet" xlink:to="lab_DerivativeInstrumentsGainLossRecognizedInIncomeNet"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DerivativeInstrumentsGainLossRecognizedInIncomeNet" xml:lang="en-US"> Derivative Instruments, Gain (Loss) Recognized in Income, Net </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DerivativeInstrumentsGainLossRecognizedInIncomeNet" xml:lang="en-US"> Increase/Decrease in fair value of loans held for sale </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_RepaymentsOfOtherDebt" xlink:label="us-gaap_RepaymentsOfOtherDebt"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RepaymentsOfOtherDebt" xlink:to="lab_RepaymentsOfOtherDebt"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_RepaymentsOfOtherDebt" xml:lang="en-US"> Repayments of Other Debt </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="lab_RepaymentsOfOtherDebt" xml:lang="en-US"> Repayments under non-recourse debt related to consolidated variable interest entity </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ProceedsFromOtherDebt" xlink:label="us-gaap_ProceedsFromOtherDebt"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromOtherDebt" xlink:to="lab_ProceedsFromOtherDebt"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ProceedsFromOtherDebt" xml:lang="en-US"> Proceeds from Other Debt </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ProceedsFromOtherDebt" xml:lang="en-US"> Borrowings under non-recourse debt related to consolidated variable interest entity </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_JointVentureLotsNotUnderContractWithCompany" xlink:label="nvr_JointVentureLotsNotUnderContractWithCompany"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_JointVentureLotsNotUnderContractWithCompany" xlink:to="nvr_JointVentureLotsNotUnderContractWithCompany_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_JointVentureLotsNotUnderContractWithCompany_lbl" xml:lang="en-US"> Joint Venture Lots Not Under Contract With Company </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_JointVentureLotsNotUnderContractWithCompany_lbl" xml:lang="en-US"> Total lots not under contract with NVR under the joint venture </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_JointVentureLotsNotUnderContractWithCompany_lbl" xml:lang="en-US"> Lots not under contract with the Company held under the joint venture at a geographic location. </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_EarningsPerShareTextBlock" xlink:label="us-gaap_EarningsPerShareTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareTextBlock" xlink:to="us-gaap_EarningsPerShareTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareTextBlock_lbl" xml:lang="en-US"> Earnings Per Share [Text Block] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xlink:to="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl" xml:lang="en-US"> Organization Consolidation And Presentation Of Financial Statements Disclosure [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl" xml:lang="en-US"> Basis of Presentation </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" xml:lang="en-US"> Basis of Presentation [Abstract] </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_ContractLandDepositsTextBlock" xlink:label="nvr_ContractLandDepositsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_ContractLandDepositsTextBlock" xlink:to="nvr_ContractLandDepositsTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_ContractLandDepositsTextBlock_lbl" xml:lang="en-US"> Contract Land Deposits [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_ContractLandDepositsTextBlock_lbl" xml:lang="en-US"> Contract Land Deposits </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_ContractLandDepositsTextBlock_lbl" xml:lang="en-US"> The carrying amount as of the balance sheet date of deposits paid to secure the right to purchase finished lots under fixed price purchase agreements. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_ExcessReorganizationValueAbstract" xlink:label="nvr_ExcessReorganizationValueAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_ExcessReorganizationValueAbstract" xlink:to="nvr_ExcessReorganizationValueAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_ExcessReorganizationValueAbstract_lbl" xml:lang="en-US"> Excess Reorganization Value [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_ExcessReorganizationValueAbstract_lbl" xml:lang="en-US"> Excess Reorganization Value. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_ReorganizationValueInExcessOfAmountsAllocableToIdentifiableAssetsTextBlock" xlink:label="nvr_ReorganizationValueInExcessOfAmountsAllocableToIdentifiableAssetsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_ReorganizationValueInExcessOfAmountsAllocableToIdentifiableAssetsTextBlock" xlink:to="nvr_ReorganizationValueInExcessOfAmountsAllocableToIdentifiableAssetsTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_ReorganizationValueInExcessOfAmountsAllocableToIdentifiableAssetsTextBlock_lbl" xml:lang="en-US"> Reorganization Value In Excess Of Amounts Allocable To Identifiable Assets [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_ReorganizationValueInExcessOfAmountsAllocableToIdentifiableAssetsTextBlock_lbl" xml:lang="en-US"> Excess Reorganization Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_ReorganizationValueInExcessOfAmountsAllocableToIdentifiableAssetsTextBlock_lbl" xml:lang="en-US"> Amount of reorganization value in excess of amounts allocable to identifiable assets at the balance sheet date after fresh-start adjustments. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_ContractLandDepositsTextualAbstract" xlink:label="nvr_ContractLandDepositsTextualAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_ContractLandDepositsTextualAbstract" xlink:to="nvr_ContractLandDepositsTextualAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_ContractLandDepositsTextualAbstract_lbl" xml:lang="en-US"> Contract Land Deposits (Textual) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_ContractLandDepositsTextualAbstract_lbl" xml:lang="en-US"> Contract Land Deposits. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_ContractLandDepositsTextualAbstract_lbl" xml:lang="en-US"> Contract Land Deposits (Textual) [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesAbstract" xlink:label="us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesAbstract" xlink:to="lab_NewAccountingPronouncementsAndChangesInAccountingPrinciplesAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_NewAccountingPronouncementsAndChangesInAccountingPrinciplesAbstract" xml:lang="en-US"> Recent Accounting Pronouncements [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="us-gaap_EarningsPerShareAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareAbstract" xlink:to="us-gaap_EarningsPerShareAbstract_lbl"/>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_ExcessReorganizationValueTextualAbstract" xlink:label="nvr_ExcessReorganizationValueTextualAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_ExcessReorganizationValueTextualAbstract" xlink:to="nvr_ExcessReorganizationValueTextualAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_ExcessReorganizationValueTextualAbstract_lbl" xml:lang="en-US"> Excess Reorganization Value (Textual) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_ExcessReorganizationValueTextualAbstract_lbl" xml:lang="en-US"> Excess Reorganization Value. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_ExcessReorganizationValueTextualAbstract_lbl" xml:lang="en-US"> Excess Reorganization Value (Textual) [Abstract] </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_EarningsPerShareTextualAbstract" xlink:label="nvr_EarningsPerShareTextualAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_EarningsPerShareTextualAbstract" xlink:to="nvr_EarningsPerShareTextualAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_EarningsPerShareTextualAbstract_lbl" xml:lang="en-US"> Earnings Per Share (Textual) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_EarningsPerShareTextualAbstract_lbl" xml:lang="en-US"> Earnings per share. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_EarningsPerShareTextualAbstract_lbl" xml:lang="en-US"> Earnings Per Share (Textual) [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_CommonStockMember" xlink:label="us-gaap_CommonStockMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockMember" xlink:to="us-gaap_CommonStockMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockMember_lbl" xml:lang="en-US"> Common Stock [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_CommonStockMember_lbl" xml:lang="en-US"> Common Stock [Member] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="us-gaap_StatementEquityComponentsAxis"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementEquityComponentsAxis" xlink:to="us-gaap_StatementEquityComponentsAxis_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementEquityComponentsAxis_lbl" xml:lang="en-US"> Statement Equity Components [Axis] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="us-gaap_EquityComponentDomain"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityComponentDomain" xlink:to="us-gaap_EquityComponentDomain_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EquityComponentDomain_lbl" xml:lang="en-US"> Equity Component [Domain] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="us-gaap_AdditionalPaidInCapitalMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdditionalPaidInCapitalMember" xlink:to="us-gaap_AdditionalPaidInCapitalMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdditionalPaidInCapitalMember_lbl" xml:lang="en-US"> Additional Paid In Capital [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_AdditionalPaidInCapitalMember_lbl" xml:lang="en-US"> Additional Paid In Capital [Member] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TreasuryStockMember" xlink:label="us-gaap_TreasuryStockMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TreasuryStockMember" xlink:to="us-gaap_TreasuryStockMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TreasuryStockMember_lbl" xml:lang="en-US"> Treasury Stock [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_TreasuryStockMember_lbl" xml:lang="en-US"> Treasury Stock [Member] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:label="us-gaap_RetainedEarningsMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RetainedEarningsMember" xlink:to="us-gaap_RetainedEarningsMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RetainedEarningsMember_lbl" xml:lang="en-US"> Retained Earnings [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_RetainedEarningsMember_lbl" xml:lang="en-US"> Retained Earnings [Member] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_IncreaseDecreaseInStockholdersEquityRollForward" xlink:label="us-gaap_IncreaseDecreaseInStockholdersEquityRollForward"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInStockholdersEquityRollForward" xlink:to="us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_lbl" xml:lang="en-US"> Summary of changes in shareholders equity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_lbl" xml:lang="en-US"> Increase Decrease In Stockholders Equity [Roll Forward] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueTreasuryStockReissued" xlink:label="us-gaap_StockIssuedDuringPeriodValueTreasuryStockReissued"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodValueTreasuryStockReissued" xlink:to="us-gaap_StockIssuedDuringPeriodValueTreasuryStockReissued_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodValueTreasuryStockReissued_lbl" xml:lang="en-US"> Stock Issued During Period Value Treasury Stock Reissued </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_StockIssuedDuringPeriodValueTreasuryStockReissued_lbl" xml:lang="en-US"> Treasury stock issued upon option exercise </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_TreasuryStockValueAcquiredCostMethod" xlink:label="us-gaap_TreasuryStockValueAcquiredCostMethod"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TreasuryStockValueAcquiredCostMethod" xlink:to="us-gaap_TreasuryStockValueAcquiredCostMethod_lbl"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" xlink:to="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl" xml:lang="en-US"> Adjustments To Additional Paid In Capital Share-based Compensation Requisite Service Period Recognition Value </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl" xml:lang="en-US"> Equity-based compensation </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation" xlink:to="us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation_lbl" xml:lang="en-US"> Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation_lbl" xml:lang="en-US"> Tax benefit from equity benefit plan activity </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_ScheduleOfStockholdersEquityTable" xlink:label="nvr_ScheduleOfStockholdersEquityTable"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_ScheduleOfStockholdersEquityTable" xlink:to="nvr_ScheduleOfStockholdersEquityTable_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_ScheduleOfStockholdersEquityTable_lbl" xml:lang="en-US"> Schedule of Stockholders' Equity [Table] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_ScheduleOfStockholdersEquityTable_lbl" xml:lang="en-US"> Schedule of stockholders equity. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_DeferredCompensationTrustMember" xlink:label="nvr_DeferredCompensationTrustMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_DeferredCompensationTrustMember" xlink:to="nvr_DeferredCompensationTrustMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_DeferredCompensationTrustMember_lbl" xml:lang="en-US"> Deferred Compensation Trust [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_DeferredCompensationTrustMember_lbl" xml:lang="en-US"> Deferred Compensation Trust [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_DeferredCompensationTrustMember_lbl" xml:lang="en-US"> Deferred compensation trust. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_DeferredCompensationLiabilityMember" xlink:label="nvr_DeferredCompensationLiabilityMember"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_DeferredCompensationLiabilityMember" xlink:to="nvr_DeferredCompensationLiabilityMember_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_DeferredCompensationLiabilityMember_lbl" xml:lang="en-US"> Deferred Compensation Liability [Member] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_DeferredCompensationLiabilityMember_lbl" xml:lang="en-US"> Deferred compensation liability. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_DeferredCompensationLiabilityMember_lbl" xml:lang="en-US"> Deferred Compensation Liability [Member] </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_StockholdersEquityLineItems" xlink:label="nvr_StockholdersEquityLineItems"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_StockholdersEquityLineItems" xlink:to="nvr_StockholdersEquityLineItems_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_StockholdersEquityLineItems_lbl" xml:lang="en-US"> Stockholders' Equity [Line Items] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_StockholdersEquityLineItems_lbl" xml:lang="en-US"> Stockholders equity line items </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_DeferredCompensationActivity" xlink:label="nvr_DeferredCompensationActivity"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_DeferredCompensationActivity" xlink:to="nvr_DeferredCompensationActivity_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_DeferredCompensationActivity_lbl" xml:lang="en-US"> Deferred Compensation Activity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="nvr_DeferredCompensationActivity_lbl" xml:lang="en-US"> Deferred compensation activity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_DeferredCompensationActivity_lbl" xml:lang="en-US"> Deferred compensation activity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_DeferredCompensationActivity_lbl" xml:lang="en-US"> Deferred compensation activity. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_ShareholdersEquityTextualAbstract" xlink:label="nvr_ShareholdersEquityTextualAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_ShareholdersEquityTextualAbstract" xlink:to="nvr_ShareholdersEquityTextualAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_ShareholdersEquityTextualAbstract_lbl" xml:lang="en-US"> Shareholders Equity (Textual) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_ShareholdersEquityTextualAbstract_lbl" xml:lang="en-US"> Shareholders' Equity (Textual) [Abstract] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_ShareholdersEquityTextualAbstract_lbl" xml:lang="en-US"> Shareholders equity. </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ScheduleOfStockholdersEquityTableTextBlock" xlink:label="us-gaap_ScheduleOfStockholdersEquityTableTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfStockholdersEquityTableTextBlock" xlink:to="lab_ScheduleOfStockholdersEquityTableTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ScheduleOfStockholdersEquityTableTextBlock" xml:lang="en-US"> Schedule of Stockholders Equity [Table Text Block] </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_CashRelatedToConsolidatedJointVenture" xlink:label="nvr_CashRelatedToConsolidatedJointVenture"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_CashRelatedToConsolidatedJointVenture" xlink:to="nvr_CashRelatedToConsolidatedJointVenture_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_CashRelatedToConsolidatedJointVenture_lbl" xml:lang="en-US"> Cash Related To Consolidated Joint Venture </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_CashRelatedToConsolidatedJointVenture_lbl" xml:lang="en-US"> Cash </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_CashRelatedToConsolidatedJointVenture_lbl" xml:lang="en-US"> Cash related to consolidated joint venture. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_ReconciliationOfCorporateCapitalAllocationChargeFromSegmentToConsolidatedTableTextBlock" xlink:label="nvr_ReconciliationOfCorporateCapitalAllocationChargeFromSegmentToConsolidatedTableTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_ReconciliationOfCorporateCapitalAllocationChargeFromSegmentToConsolidatedTableTextBlock" xlink:to="nvr_ReconciliationOfCorporateCapitalAllocationChargeFromSegmentToConsolidatedTableTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_ReconciliationOfCorporateCapitalAllocationChargeFromSegmentToConsolidatedTableTextBlock_lbl" xml:lang="en-US"> Reconciliation Of Corporate Capital Allocation Charge From Segment To Consolidated [Table Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_ReconciliationOfCorporateCapitalAllocationChargeFromSegmentToConsolidatedTableTextBlock_lbl" xml:lang="en-US"> Corporate capital allocation charge </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_ReconciliationOfCorporateCapitalAllocationChargeFromSegmentToConsolidatedTableTextBlock_lbl" xml:lang="en-US"> Reconciliation of corporate capital allocation charge from segment to consolidated. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_IncomeTaxesPaidNet_lbl" xml:lang="en-US"> Income taxes paid during the period, net of refunds </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xml:lang="en-US"> Cash and cash equivalents, end of the period </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_EarningsPerShareTextBlock_lbl" xml:lang="en-US"> Earnings per Share </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareAbstract_lbl" xml:lang="en-US"> Earnings per Share [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ProductWarrantyDisclosureTextBlock" xlink:label="us-gaap_ProductWarrantyDisclosureTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProductWarrantyDisclosureTextBlock" xlink:to="lab_ProductWarrantyDisclosureTextBlock"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ProductWarrantyDisclosureTextBlock" xml:lang="en-US"> Product Warranty Disclosure [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ProductWarrantyDisclosureTextBlock" xml:lang="en-US"> Product Warranties </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ScheduleOfWeightedAverageNumberOfSharesTableTextBlock" xml:lang="en-US"> Weighted average shares and share equivalents to calculate basic and diluted earnings per share </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_ScheduleOfStockholdersEquityTableTextBlock" xml:lang="en-US"> Summary of changes in shareholders' equity </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_InventoryRealEstateLandAndLandDevelopmentCosts_lbl" xml:lang="en-US"> Purchase price of raw parcels of land </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TreasuryStockValueAcquiredCostMethod_lbl" xml:lang="en-US"> Treasury Stock Value Acquired Cost Method </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_TreasuryStockValueAcquiredCostMethod_lbl" xml:lang="en-US"> Purchase of common stock for treasury </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_TreasuryStockValueAcquiredCostMethod_lbl" xml:lang="en-US"> Aggregate purchase price of common stock </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_TreasuryStockValueAcquiredCostMethod_lbl" xml:lang="en-US"> Purchase of common stock for treasury </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_CashAndCashEquivalentsAtCarryingValueHomebuilder" xlink:label="nvr_CashAndCashEquivalentsAtCarryingValueHomebuilder"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_CashAndCashEquivalentsAtCarryingValueHomebuilder" xlink:to="nvr_CashAndCashEquivalentsAtCarryingValueHomebuilder_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_CashAndCashEquivalentsAtCarryingValueHomebuilder_lbl" xml:lang="en-US"> Cash And Cash Equivalents At Carrying Value Homebuilder </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_CashAndCashEquivalentsAtCarryingValueHomebuilder_lbl" xml:lang="en-US"> Cash and cash equivalents </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_CashAndCashEquivalentsAtCarryingValueHomebuilder_lbl" xml:lang="en-US"> Includes homebuilding currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits are not generally reported as cash and cash equivalents. Includes cash and cash equivalents associated with the entity's continuing operations. Excludes cash and cash equivalents associated with the disposal group (and discontinued operation). </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract" xlink:label="us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract" xlink:to="lab_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract" xml:lang="en-US"> Contract Land Deposits [Abstract] </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_NetPreTaxRecoveryOfContractLandDeposits" xlink:label="nvr_NetPreTaxRecoveryOfContractLandDeposits"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_NetPreTaxRecoveryOfContractLandDeposits" xlink:to="nvr_NetPreTaxRecoveryOfContractLandDeposits_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_NetPreTaxRecoveryOfContractLandDeposits_lbl" xml:lang="en-US"> Net Pre Tax Recovery Of Contract Land Deposits </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_NetPreTaxRecoveryOfContractLandDeposits_lbl" xml:lang="en-US"> Pre-tax recovery of contract land deposits </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_NetPreTaxRecoveryOfContractLandDeposits_lbl" xml:lang="en-US"> Pre-tax recovery of contract land deposits. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ScheduleOfProductWarrantyLiabilityTableTextBlock" xml:lang="en-US"> Schedule of Product Warranty Liability [Table Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_ScheduleOfProductWarrantyLiabilityTableTextBlock" xml:lang="en-US"> Summary of changes in product warranties reserve </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue" xml:lang="en-US"> Forward Sales Contracts </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ProductWarrantiesDisclosuresAbstract" xlink:label="us-gaap_ProductWarrantiesDisclosuresAbstract"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProductWarrantiesDisclosuresAbstract" xlink:to="us-gaap_ProductWarrantiesDisclosuresAbstract_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProductWarrantiesDisclosuresAbstract_lbl" xml:lang="en-US"> Product Warranties [Abstract] </label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised" xlink:label="us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised" xlink:to="lab_StockIssuedDuringPeriodValueStockOptionsExercised"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_StockIssuedDuringPeriodValueStockOptionsExercised" xml:lang="en-US"> Stock Issued During Period, Value, Stock Options Exercised </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_StockIssuedDuringPeriodValueStockOptionsExercised" xml:lang="en-US"> Proceeds from stock options exercised </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_RepurchaseFacilityBorrowingBaseLimitations" xlink:label="nvr_RepurchaseFacilityBorrowingBaseLimitations"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_RepurchaseFacilityBorrowingBaseLimitations" xlink:to="nvr_RepurchaseFacilityBorrowingBaseLimitations_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_RepurchaseFacilityBorrowingBaseLimitations_lbl" xml:lang="en-US"> Repurchase Facility Borrowing Base Limitations </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_RepurchaseFacilityBorrowingBaseLimitations_lbl" xml:lang="en-US"> Borrowing base limitations that reduce the amount available for borrowings under the repurchase agreement. </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_RepurchaseFacilityBorrowingBaseLimitations_lbl" xml:lang="en-US"> Repurchase agreement borrowing base limitations </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_DescriptionOfNewAccountingPronouncementsTextBlock" xlink:label="nvr_DescriptionOfNewAccountingPronouncementsTextBlock"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_DescriptionOfNewAccountingPronouncementsTextBlock" xlink:to="nvr_DescriptionOfNewAccountingPronouncementsTextBlock_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_DescriptionOfNewAccountingPronouncementsTextBlock_lbl" xml:lang="en-US"> Description Of New Accounting Pronouncements [Text Block] </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_DescriptionOfNewAccountingPronouncementsTextBlock_lbl" xml:lang="en-US"> Recent Accounting Pronouncements </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_DescriptionOfNewAccountingPronouncementsTextBlock_lbl" xml:lang="en-US"> Disclosure related to a new accounting pronouncements, including the effect of the change on prior periods and the current period. </label>
<loc xlink:type="locator" xlink:href="nvr-20120331.xsd#nvr_InvestmentsInUnconsolidatedJointVentures" xlink:label="nvr_InvestmentsInUnconsolidatedJointVentures"/>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="nvr_InvestmentsInUnconsolidatedJointVentures" xlink:to="nvr_InvestmentsInUnconsolidatedJointVentures_lbl"/>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="nvr_InvestmentsInUnconsolidatedJointVentures_lbl" xml:lang="en-US"> Investments In Unconsolidated Joint Ventures </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="nvr_InvestmentsInUnconsolidatedJointVentures_lbl" xml:lang="en-US"> Investments in unconsolidated Joint Ventures </label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="nvr_InvestmentsInUnconsolidatedJointVentures_lbl" xml:lang="en-US"> Total investments in unconsolidated joint ventures. </label>
</labelLink>
</linkbase>

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