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    <link:label id="lab_us-gaap_HomeBuildingRevenue_5CEEA27B7737DF06F584DC43425B00ED_label_en-US" xlink:label="lab_us-gaap_HomeBuildingRevenue_5CEEA27B7737DF06F584DC43425B00ED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Home Building Revenue</link:label>
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    <link:label id="lab_mth_LandUnderOptionContractNotRecordedCashDeposits_37DC95C4FF8938D0C78FDC43422F2588_terseLabel_en-US" xlink:label="lab_mth_LandUnderOptionContractNotRecordedCashDeposits_37DC95C4FF8938D0C78FDC43422F2588" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Land under options, not recorded, cash deposits</link:label>
    <link:label id="lab_mth_LandUnderOptionContractNotRecordedCashDeposits_37DC95C4FF8938D0C78FDC43422F2588_label_en-US" xlink:label="lab_mth_LandUnderOptionContractNotRecordedCashDeposits_37DC95C4FF8938D0C78FDC43422F2588" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Land Under Option Contract, Not Recorded, Cash Deposits</link:label>
    <link:label id="lab_mth_LandUnderOptionContractNotRecordedCashDeposits_37DC95C4FF8938D0C78FDC43422F2588_documentation_en-US" xlink:label="lab_mth_LandUnderOptionContractNotRecordedCashDeposits_37DC95C4FF8938D0C78FDC43422F2588" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Land Under Option Contract, Not Recorded, Cash Deposits</link:label>
    <link:loc xlink:href="mth-20150630.xsd#mth_LandUnderOptionContractNotRecordedCashDeposits" xlink:label="loc_mth_LandUnderOptionContractNotRecordedCashDeposits_37DC95C4FF8938D0C78FDC43422F2588" xlink:type="locator" />
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    <link:label id="lab_us-gaap_StatementOfCashFlowsAbstract_4EFF7EBF874CE9C4189ADC4342533768_label_en-US" xlink:label="lab_us-gaap_StatementOfCashFlowsAbstract_4EFF7EBF874CE9C4189ADC4342533768" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Cash Flows [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="loc_us-gaap_StatementOfCashFlowsAbstract_4EFF7EBF874CE9C4189ADC4342533768" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfCashFlowsAbstract_4EFF7EBF874CE9C4189ADC4342533768" xlink:to="lab_us-gaap_StatementOfCashFlowsAbstract_4EFF7EBF874CE9C4189ADC4342533768" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_A3E1019006BB4ACB2EFBDC43425325FF_verboseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_A3E1019006BB4ACB2EFBDC43425325FF" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from operating activities:</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_A3E1019006BB4ACB2EFBDC43425325FF_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_A3E1019006BB4ACB2EFBDC43425325FF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Operating Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_A3E1019006BB4ACB2EFBDC43425325FF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_A3E1019006BB4ACB2EFBDC43425325FF" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_A3E1019006BB4ACB2EFBDC43425325FF" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLoss_2CE4371043AC2EB28158DC434253AA5C_terseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_2CE4371043AC2EB28158DC434253AA5C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net earnings</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_2CE4371043AC2EB28158DC434253AA5C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLoss_2CE4371043AC2EB28158DC434253AA5C" xlink:to="lab_us-gaap_NetIncomeLoss_2CE4371043AC2EB28158DC434253AA5C" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_688FBDE5C0C176B62351DC434253BEEE_verboseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_688FBDE5C0C176B62351DC434253BEEE" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Adjustments to reconcile net earnings to net cash used in operating activities:</link:label>
    <link:label id="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_688FBDE5C0C176B62351DC434253BEEE_label_en-US" xlink:label="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_688FBDE5C0C176B62351DC434253BEEE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_688FBDE5C0C176B62351DC434253BEEE" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DepreciationDepletionAndAmortization_511C7A3BFBFC81C2C921DC434253138D_verboseLabel_en-US" xlink:label="lab_us-gaap_DepreciationDepletionAndAmortization_511C7A3BFBFC81C2C921DC434253138D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Depreciation and amortization</link:label>
    <link:label id="lab_us-gaap_DepreciationDepletionAndAmortization_511C7A3BFBFC81C2C921DC434253138D_label_en-US" xlink:label="lab_us-gaap_DepreciationDepletionAndAmortization_511C7A3BFBFC81C2C921DC434253138D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation, Depletion and Amortization</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DepreciationDepletionAndAmortization" xlink:label="loc_us-gaap_DepreciationDepletionAndAmortization_511C7A3BFBFC81C2C921DC434253138D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DepreciationDepletionAndAmortization_511C7A3BFBFC81C2C921DC434253138D" xlink:to="lab_us-gaap_DepreciationDepletionAndAmortization_511C7A3BFBFC81C2C921DC434253138D" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensation_B9EA0F9FF7051C013B64DC434253ACD7_verboseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensation_B9EA0F9FF7051C013B64DC434253ACD7" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Stock-based compensation</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensation_B9EA0F9FF7051C013B64DC434253ACD7_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensation_B9EA0F9FF7051C013B64DC434253ACD7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="loc_us-gaap_ShareBasedCompensation_B9EA0F9FF7051C013B64DC434253ACD7" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_D68C48C6BF5D584F17BDDC4342545AE5_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_D68C48C6BF5D584F17BDDC4342545AE5" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Excess income tax benefit from stock-based awards</link:label>
    <link:label id="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_D68C48C6BF5D584F17BDDC4342545AE5_label_en-US" xlink:label="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_D68C48C6BF5D584F17BDDC4342545AE5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Excess Tax Benefit from Share-based Compensation, Operating Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities" xlink:label="loc_us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_D68C48C6BF5D584F17BDDC4342545AE5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_D68C48C6BF5D584F17BDDC4342545AE5" xlink:to="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_D68C48C6BF5D584F17BDDC4342545AE5" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_99FD442871D930695C82DC434254DBB0_negatedLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_99FD442871D930695C82DC434254DBB0" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Equity in earnings from unconsolidated entities</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_99FD442871D930695C82DC434254DBB0_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_99FD442871D930695C82DC434254DBB0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Equity Method Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_99FD442871D930695C82DC434254DBB0" xlink:type="locator" />
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    <link:label id="lab_us-gaap_EquityMethodInvestmentDividendsOrDistributions_73EA6349D52D37D59D33DC4342547E21_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentDividendsOrDistributions_73EA6349D52D37D59D33DC4342547E21" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Distributions of earnings from unconsolidated entities</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentDividendsOrDistributions_73EA6349D52D37D59D33DC4342547E21_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentDividendsOrDistributions_73EA6349D52D37D59D33DC4342547E21" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Equity Method Investment, Dividends or Distributions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_EquityMethodInvestmentDividendsOrDistributions" xlink:label="loc_us-gaap_EquityMethodInvestmentDividendsOrDistributions_73EA6349D52D37D59D33DC4342547E21" xlink:type="locator" />
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    <link:label id="lab_us-gaap_OtherOperatingActivitiesCashFlowStatement_E42053E9D6E0EF472A81DC4342545A1C_terseLabel_en-US" xlink:label="lab_us-gaap_OtherOperatingActivitiesCashFlowStatement_E42053E9D6E0EF472A81DC4342545A1C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_us-gaap_OtherOperatingActivitiesCashFlowStatement_E42053E9D6E0EF472A81DC4342545A1C_label_en-US" xlink:label="lab_us-gaap_OtherOperatingActivitiesCashFlowStatement_E42053E9D6E0EF472A81DC4342545A1C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Operating Activities, Cash Flow Statement</link:label>
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    <link:label id="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_05749C1BCD8D06EE3EFDDC434254B6AA_verboseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_05749C1BCD8D06EE3EFDDC434254B6AA" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Changes in assets and liabilities:</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:label="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_05749C1BCD8D06EE3EFDDC434254B6AA" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncreaseDecreaseInInventories_A3645FD759DA213D4B4FDC43425409D4_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInInventories_A3645FD759DA213D4B4FDC43425409D4" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Increase in real estate</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInInventories_A3645FD759DA213D4B4FDC43425409D4_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInInventories_A3645FD759DA213D4B4FDC43425409D4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Inventories</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncreaseDecreaseInInventories" xlink:label="loc_us-gaap_IncreaseDecreaseInInventories_A3645FD759DA213D4B4FDC43425409D4" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_16F2D4FBEF1B3ADE1A0FDC43425488BD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_16F2D4FBEF1B3ADE1A0FDC43425488BD" xlink:to="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_16F2D4FBEF1B3ADE1A0FDC43425488BD" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInCustomerDeposits_F770BB7BED260CFEA490DC434254000A_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInCustomerDeposits_F770BB7BED260CFEA490DC434254000A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase in home sale deposits</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_IncreaseDecreaseInCustomerDeposits" xlink:label="loc_us-gaap_IncreaseDecreaseInCustomerDeposits_F770BB7BED260CFEA490DC434254000A" xlink:type="locator" />
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_5088AFF71A16EFEEB6FBDC43425495D2_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_5088AFF71A16EFEEB6FBDC43425495D2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash used in operating activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_5088AFF71A16EFEEB6FBDC43425495D2_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_5088AFF71A16EFEEB6FBDC43425495D2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Operating Activities, Continuing Operations</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_5088AFF71A16EFEEB6FBDC43425495D2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_5088AFF71A16EFEEB6FBDC43425495D2" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_5088AFF71A16EFEEB6FBDC43425495D2" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_E4D9EC86F71F8285BCB1DC434254B5BB_verboseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_E4D9EC86F71F8285BCB1DC434254B5BB" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from investing activities:</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_E4D9EC86F71F8285BCB1DC434254B5BB_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_E4D9EC86F71F8285BCB1DC434254B5BB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_E4D9EC86F71F8285BCB1DC434254B5BB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_E4D9EC86F71F8285BCB1DC434254B5BB" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_E4D9EC86F71F8285BCB1DC434254B5BB" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireInterestInJointVenture_DDF99D981CE7326FE9B7DC4342547891_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireInterestInJointVenture_DDF99D981CE7326FE9B7DC4342547891" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Investments in unconsolidated entities</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireInterestInJointVenture_DDF99D981CE7326FE9B7DC4342547891_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireInterestInJointVenture_DDF99D981CE7326FE9B7DC4342547891" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Interest in Joint Venture</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PaymentsToAcquireInterestInJointVenture" xlink:label="loc_us-gaap_PaymentsToAcquireInterestInJointVenture_DDF99D981CE7326FE9B7DC4342547891" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireInterestInJointVenture_DDF99D981CE7326FE9B7DC4342547891" xlink:to="lab_us-gaap_PaymentsToAcquireInterestInJointVenture_DDF99D981CE7326FE9B7DC4342547891" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_AFE337E67C240997F7B2DC4342541D2B_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_AFE337E67C240997F7B2DC4342541D2B" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Purchases of property and equipment</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_AFE337E67C240997F7B2DC4342541D2B_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_AFE337E67C240997F7B2DC4342541D2B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Property, Plant, and Equipment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_AFE337E67C240997F7B2DC4342541D2B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_AFE337E67C240997F7B2DC4342541D2B" xlink:to="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_AFE337E67C240997F7B2DC4342541D2B" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_0A18006C001F77D15121DC434254DEBD_verboseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_0A18006C001F77D15121DC434254DEBD" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sales of property and equipment</link:label>
    <link:label id="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_0A18006C001F77D15121DC434254DEBD_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_0A18006C001F77D15121DC434254DEBD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Sale of Property, Plant, and Equipment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment" xlink:label="loc_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_0A18006C001F77D15121DC434254DEBD" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities_5428E35232AD0397D068DC43425493AF_verboseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities_5428E35232AD0397D068DC43425493AF" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Maturities of investments and securities</link:label>
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    <link:label id="lab_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_70CE50F00C39729C4C44DC43425483CF_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_70CE50F00C39729C4C44DC43425483CF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Held-to-maturity Securities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_PaymentsToAcquireHeldToMaturitySecurities" xlink:label="loc_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_70CE50F00C39729C4C44DC43425483CF" xlink:type="locator" />
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1D688A41E09CACADD488DC4342545DC8_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1D688A41E09CACADD488DC4342545DC8" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash (used in)/provided by investing activities</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1D688A41E09CACADD488DC4342545DC8" xlink:type="locator" />
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_59DB1F853E736730AFBBDC434254E9A5_verboseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_59DB1F853E736730AFBBDC434254E9A5" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from financing activities:</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_59DB1F853E736730AFBBDC434254E9A5" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ProceedsFromRepaymentsOfLinesOfCredit_49AD00C0B1F0F26CD5DCDC43425487FA_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfLinesOfCredit_49AD00C0B1F0F26CD5DCDC43425487FA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from Credit Facility, net</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_ProceedsFromRepaymentsOfDebt" xlink:label="loc_us-gaap_ProceedsFromRepaymentsOfDebt_92570B2CA57234ADFF80DC4342553E4F" xlink:type="locator" />
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    <link:label id="lab_mth_SouthEdgeMember_E64CAC3DC0983921A844D1EA89102E7B_verboseLabel_en-US" xlink:label="lab_mth_SouthEdgeMember_E64CAC3DC0983921A844D1EA89102E7B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">South Edge [Member]</link:label>
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    <link:label id="lab_mth_SouthEdgeGuaranteeMember_B9CBE201993BD1582AE1D1EA89113ADB_terseLabel_en-US" xlink:label="lab_mth_SouthEdgeGuaranteeMember_B9CBE201993BD1582AE1D1EA89113ADB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">South Edge Guarantee [Member]</link:label>
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    <link:label id="lab_us-gaap_LitigationReserve_1C062A30C1E208979040D1EA891147BA_terseLabel_en-US" xlink:label="lab_us-gaap_LitigationReserve_1C062A30C1E208979040D1EA891147BA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reserved for litigation and asserted claims</link:label>
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    <link:label id="lab_mth_NumberOfLendersFilingPetitionForInvoluntaryBankruptcy_47E9A64BA1FEC4616C65D1EA891156DE_verboseLabel_en-US" xlink:label="lab_mth_NumberOfLendersFilingPetitionForInvoluntaryBankruptcy_47E9A64BA1FEC4616C65D1EA891156DE" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Number of lenders filing petition for involuntary bankruptcy</link:label>
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    <link:label id="lab_mth_NumberOfLendersFilingPetitionForInvoluntaryBankruptcy_47E9A64BA1FEC4616C65D1EA891156DE_documentation_en-US" xlink:label="lab_mth_NumberOfLendersFilingPetitionForInvoluntaryBankruptcy_47E9A64BA1FEC4616C65D1EA891156DE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The number of lenders who filed a petition seeking to place the venture into an involuntary bankruptcy.</link:label>
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    <link:label id="lab_mth_SpringingRepaymentGuaranteeOriginalDemandLetter_3264B578AE91DEFB7375D1EA8911E890_terseLabel_en-US" xlink:label="lab_mth_SpringingRepaymentGuaranteeOriginalDemandLetter_3264B578AE91DEFB7375D1EA8911E890" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Springing Repayment Guarantee Original Demand Letter</link:label>
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    <link:label id="lab_mth_SpringingRepaymentGuaranteeOriginalDemandLetter_3264B578AE91DEFB7375D1EA8911E890_documentation_en-US" xlink:label="lab_mth_SpringingRepaymentGuaranteeOriginalDemandLetter_3264B578AE91DEFB7375D1EA8911E890" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount in original demand letter from lenders seeking to place joint venture into involuntary bankruptcy (June 2011)</link:label>
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    <link:label id="lab_mth_NumberOfCoVenturesInJointVenture_B43D2506CA066BC7502CD1EA8911B176_verboseLabel_en-US" xlink:label="lab_mth_NumberOfCoVenturesInJointVenture_B43D2506CA066BC7502CD1EA8911B176" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Number of co-ventures in joint venture</link:label>
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    <link:label id="lab_mth_InitialLitigationJudgmentAmount_0D0216B8C0EE144EF4D1D1EA89119AD9_terseLabel_en-US" xlink:label="lab_mth_InitialLitigationJudgmentAmount_0D0216B8C0EE144EF4D1D1EA89119AD9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Initial Litigation Judgment Amount</link:label>
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    <link:label id="lab_mth_InitialLitigationJudgmentAmount_0D0216B8C0EE144EF4D1D1EA89119AD9_documentation_en-US" xlink:label="lab_mth_InitialLitigationJudgmentAmount_0D0216B8C0EE144EF4D1D1EA89119AD9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Initial litigation judgment amount related to joint venture litigation on June 17, 2013</link:label>
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    <link:label id="lab_us-gaap_MaximumMember_CEA37676983BEF903FC6B165C7398C3F_label_en-US" xlink:label="lab_us-gaap_MaximumMember_CEA37676983BEF903FC6B165C7398C3F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum [Member]</link:label>
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    <link:label id="lab_mth_EntityOperationsInNumberOfRegions_73EADFDEB2D26685A050B165C739FED9_verboseLabel_en-US" xlink:label="lab_mth_EntityOperationsInNumberOfRegions_73EADFDEB2D26685A050B165C739FED9" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Entity operations in number of regions</link:label>
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    <link:label id="lab_mth_EntityOperationsInNumberOfRegions_73EADFDEB2D26685A050B165C739FED9_documentation_en-US" xlink:label="lab_mth_EntityOperationsInNumberOfRegions_73EADFDEB2D26685A050B165C739FED9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The number of regions in the country where the Company has operations.</link:label>
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    <link:label id="lab_mth_NumberofCommunitiesinWhichHomesareSold_F824FBA8A7338F883011B165C7394C94_terseLabel_en-US" xlink:label="lab_mth_NumberofCommunitiesinWhichHomesareSold_F824FBA8A7338F883011B165C7394C94" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of communities in which homes are sold</link:label>
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    <link:label id="lab_mth_BasePricePerHouseForSaleRange_3EA96BC95749A5D1D37FB165C7398A7B_verboseLabel_en-US" xlink:label="lab_mth_BasePricePerHouseForSaleRange_3EA96BC95749A5D1D37FB165C7398A7B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Base price per house for sale range</link:label>
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    <link:label id="lab_mth_LetterofCreditInLieuOfDepositForContractedLotsMember_E994245165EEA27D595AE1C2F51B593F_terseLabel_en-US" xlink:label="lab_mth_LetterofCreditInLieuOfDepositForContractedLotsMember_E994245165EEA27D595AE1C2F51B593F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LOCs in lieu of deposit for contracted lots [Member]</link:label>
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    <link:label id="lab_mth_LetterOfCreditForLandDevelopmentMember_18B942D0FA5522A3489AE1C2F51C0A9A_verboseLabel_en-US" xlink:label="lab_mth_LetterOfCreditForLandDevelopmentMember_18B942D0FA5522A3489AE1C2F51C0A9A" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">LOCs for land development [Member]</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="loc_us-gaap_DebtDisclosureAbstract_A74A98A37BAB3FB64A32DC4342098F80" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DebtInstrumentAxis_31F79F8C0F065ADB48E6DC434209855D_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentAxis_31F79F8C0F065ADB48E6DC434209855D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="loc_us-gaap_DebtInstrumentAxis_31F79F8C0F065ADB48E6DC434209855D" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DebtInstrumentNameDomain_0471D08FC6720FFA1641DC434209ECD8_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentNameDomain_0471D08FC6720FFA1641DC434209ECD8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Name [Domain]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentNameDomain_0471D08FC6720FFA1641DC434209ECD8_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentNameDomain_0471D08FC6720FFA1641DC434209ECD8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="loc_us-gaap_DebtInstrumentNameDomain_0471D08FC6720FFA1641DC434209ECD8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentNameDomain_0471D08FC6720FFA1641DC434209ECD8" xlink:to="lab_us-gaap_DebtInstrumentNameDomain_0471D08FC6720FFA1641DC434209ECD8" xlink:type="arc" />
    <link:label id="lab_mth_SeniorNotesDueTwoThousandEighteenMemberDomain_A41CFD8C139020D2BDFBDC434209BA8D_terseLabel_en-US" xlink:label="lab_mth_SeniorNotesDueTwoThousandEighteenMemberDomain_A41CFD8C139020D2BDFBDC434209BA8D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">4.50% senior notes due 2018 [Member]</link:label>
    <link:label id="lab_mth_SeniorNotesDueTwoThousandEighteenMemberDomain_A41CFD8C139020D2BDFBDC434209BA8D_label_en-US" xlink:label="lab_mth_SeniorNotesDueTwoThousandEighteenMemberDomain_A41CFD8C139020D2BDFBDC434209BA8D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Notes Due Two Thousand Eighteen [Member] [Domain]</link:label>
    <link:label id="lab_mth_SeniorNotesDueTwoThousandEighteenMemberDomain_A41CFD8C139020D2BDFBDC434209BA8D_documentation_en-US" xlink:label="lab_mth_SeniorNotesDueTwoThousandEighteenMemberDomain_A41CFD8C139020D2BDFBDC434209BA8D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior Notes Due Two Thousand Eighteen [Member]</link:label>
    <link:loc xlink:href="mth-20150630.xsd#mth_SeniorNotesDueTwoThousandEighteenMemberDomain" xlink:label="loc_mth_SeniorNotesDueTwoThousandEighteenMemberDomain_A41CFD8C139020D2BDFBDC434209BA8D" xlink:type="locator" />
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    <link:label id="lab_mth_SeniorNotesDueTwoThousandTwentyMember_CAF596D66A6FCD6912FDDC434209A16E_verboseLabel_en-US" xlink:label="lab_mth_SeniorNotesDueTwoThousandTwentyMember_CAF596D66A6FCD6912FDDC434209A16E" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">7.15% senior notes due 2020 [Member]</link:label>
    <link:label id="lab_mth_SeniorNotesDueTwoThousandTwentyMember_CAF596D66A6FCD6912FDDC434209A16E_label_en-US" xlink:label="lab_mth_SeniorNotesDueTwoThousandTwentyMember_CAF596D66A6FCD6912FDDC434209A16E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Notes Due Two Thousand Twenty [Member]</link:label>
    <link:label id="lab_mth_SeniorNotesDueTwoThousandTwentyMember_CAF596D66A6FCD6912FDDC434209A16E_documentation_en-US" xlink:label="lab_mth_SeniorNotesDueTwoThousandTwentyMember_CAF596D66A6FCD6912FDDC434209A16E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior notes due two thousand twenty.</link:label>
    <link:loc xlink:href="mth-20150630.xsd#mth_SeniorNotesDueTwoThousandTwentyMember" xlink:label="loc_mth_SeniorNotesDueTwoThousandTwentyMember_CAF596D66A6FCD6912FDDC434209A16E" xlink:type="locator" />
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    <link:label id="lab_mth_SeniorNotesDueTwoThousandTwentyTwoMember_C28ED4F5E3285B7D3D1ADC434209BBF5_verboseLabel_en-US" xlink:label="lab_mth_SeniorNotesDueTwoThousandTwentyTwoMember_C28ED4F5E3285B7D3D1ADC434209BBF5" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">7.00% senior notes due 2022 [Member]</link:label>
    <link:label id="lab_mth_SeniorNotesDueTwoThousandTwentyTwoMember_C28ED4F5E3285B7D3D1ADC434209BBF5_label_en-US" xlink:label="lab_mth_SeniorNotesDueTwoThousandTwentyTwoMember_C28ED4F5E3285B7D3D1ADC434209BBF5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Notes Due Two Thousand Twenty Two [Member]</link:label>
    <link:label id="lab_mth_SeniorNotesDueTwoThousandTwentyTwoMember_C28ED4F5E3285B7D3D1ADC434209BBF5_documentation_en-US" xlink:label="lab_mth_SeniorNotesDueTwoThousandTwentyTwoMember_C28ED4F5E3285B7D3D1ADC434209BBF5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior notes due two thousand twenty two.</link:label>
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    <link:label id="lab_mth_SeniorNotesDueTwoThousandTwentyFiveMember_4DFE28263E24307C2BE1DC434209AD63_documentation_en-US" xlink:label="lab_mth_SeniorNotesDueTwoThousandTwentyFiveMember_4DFE28263E24307C2BE1DC434209AD63" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior Notes Due Two Thousand Twenty Five [Member]</link:label>
    <link:loc xlink:href="mth-20150630.xsd#mth_SeniorNotesDueTwoThousandTwentyFiveMember" xlink:label="loc_mth_SeniorNotesDueTwoThousandTwentyFiveMember_4DFE28263E24307C2BE1DC434209AD63" xlink:type="locator" />
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    <link:label id="lab_us-gaap_SeniorNotesMember_60B79387DFF55D3433B8DC434209441D_terseLabel_en-US" xlink:label="lab_us-gaap_SeniorNotesMember_60B79387DFF55D3433B8DC434209441D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Notes [Member]</link:label>
    <link:label id="lab_us-gaap_SeniorNotesMember_60B79387DFF55D3433B8DC434209441D_label_en-US" xlink:label="lab_us-gaap_SeniorNotesMember_60B79387DFF55D3433B8DC434209441D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Notes [Member]</link:label>
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    <link:label id="lab_us-gaap_DebtInstrumentLineItems_0660E7D60AFFEC7A3C8EDC434209EF5D_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentLineItems_0660E7D60AFFEC7A3C8EDC434209EF5D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument [Line Items]</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2014/elts/us-gaap-2014-01-31.xsd#us-gaap_DebtInstrumentDescriptionOfVariableRateBasis" xlink:label="loc_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_C4A987D77B24D7BCB4ABE1C2F4851329" xlink:type="locator" />
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    <link:label id="lab_mth_LineofCreditFacilityAccordionFeatureIncreaseLimit_ABC4B7CDFF2C01C297BDE1C2F4865977_terseLabel_en-US" xlink:label="lab_mth_LineofCreditFacilityAccordionFeatureIncreaseLimit_ABC4B7CDFF2C01C297BDE1C2F4865977" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Accordion Feature, Increase Limit</link:label>
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    <link:label id="lab_mth_DebtInstrumentCovenantRequiredMinimumTangibleNetWorth_AC56ADC76253B5BFC27DE1C2F486F0E5_terseLabel_en-US" xlink:label="lab_mth_DebtInstrumentCovenantRequiredMinimumTangibleNetWorth_AC56ADC76253B5BFC27DE1C2F486F0E5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Minimum Tangible Net Worth</link:label>
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    <link:label id="lab_mth_DebtInstrumentCovenantRequiredMinimumTangibleNetWorth_AC56ADC76253B5BFC27DE1C2F486F0E5_documentation_en-US" xlink:label="lab_mth_DebtInstrumentCovenantRequiredMinimumTangibleNetWorth_AC56ADC76253B5BFC27DE1C2F486F0E5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The lowest amount of tangible net worth required by secondary market investors.</link:label>
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    <link:label id="lab_mth_DebtInstrumentCovenantRequiredLeverageRatio_FF8E49DC5FFBE79588FEE1C2F4868742_terseLabel_en-US" xlink:label="lab_mth_DebtInstrumentCovenantRequiredLeverageRatio_FF8E49DC5FFBE79588FEE1C2F4868742" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Leverage ratio (as a percentage)</link:label>
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    <link:label id="lab_mth_DebtInstrumentCovenantRequiredLeverageRatio_FF8E49DC5FFBE79588FEE1C2F4868742_documentation_en-US" xlink:label="lab_mth_DebtInstrumentCovenantRequiredLeverageRatio_FF8E49DC5FFBE79588FEE1C2F4868742" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The ratio of (a) Consolidated Debt plus Additional Available Liquidity minus, Unrestricted Cash, to the extent Unrestricted Cash exceeds the Required Liquity, divided by (b) Consolidated Debt plus Consolidated Tangible Net Worth plus Additional Available Liquidity.</link:label>
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    <link:label id="lab_mth_DebtInstrumentCovenantRequiredInterestCoverageRatio_4CFC57A1A8B746CA993FE1C2F4864052_terseLabel_en-US" xlink:label="lab_mth_DebtInstrumentCovenantRequiredInterestCoverageRatio_4CFC57A1A8B746CA993FE1C2F4864052" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest Coverage Ratio</link:label>
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    <link:label id="lab_mth_DebtInstrumentCovenantRequiredInterestCoverageRatio_4CFC57A1A8B746CA993FE1C2F4864052_documentation_en-US" xlink:label="lab_mth_DebtInstrumentCovenantRequiredInterestCoverageRatio_4CFC57A1A8B746CA993FE1C2F4864052" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">As of any date, for the applicable period of the four quarters then ended, the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Incurred.</link:label>
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    <link:label id="lab_us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod_66704F851619798340B6E1C2F486127C_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod_66704F851619798340B6E1C2F486127C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from Long-term Lines of Credit</link:label>
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    <link:label id="lab_mth_ConvertibleSeniorNotesDueTwoThousandThirtyTwoMemberMember_8C1300B430B617009E46B2F5263A7ABB_verboseLabel_en-US" xlink:label="lab_mth_ConvertibleSeniorNotesDueTwoThousandThirtyTwoMemberMember_8C1300B430B617009E46B2F5263A7ABB" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">1.875% convertible senior notes due 2032 [Member]</link:label>
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