Fitch Teleconference: OK Spring Sets Tone for U.S. Housing

NEW YORK--(BUSINESS WIRE)-- The spring selling season is chugging along for U.S housing with solid if unspectacular growth, according to Fitch Ratings.

Spring inclement weather has not been as much of a hindrance as in recent years. Inexpensive gas prices, generally healthy employment growth, demographics, pent-up demand, still attractive affordability/housing valuations, and a steady, moderate easing in credit standards should further support housing demand in 2016, despite potentially higher mortgage rates.

Fitch will be discussing these and other market and competitive trends during its quarterly housing and homebuilder conference call, to take place tomorrow at 2PM ET. The focus of the conference call will be to discuss fourth quarter 2015 (4Q'15) and more recent housing data (where available 1Q builder financial and operating results), as well as Fitch's spring selling season and full year 2016 and 2017 outlook for the U.S. housing sector and expectations for public homebuilders. Managing Director and lead Homebuilding Analyst Robert Curran will be the call leader. Curran and Robert Rulla will answer questions after the formal presentation.

Click on the link below to register for the event: http://dpregister.com/

The conference call follows the release of Fitch's 'U.S. Homebuilding: The Chalk Line - Quarterly Update: Spring 2016', which is available at 'www.fitchratings.com' or by clicking on the link at the end of the press release.

Additional information is available at 'www.fitchratings.com'

Related Research

U.S. Homebuilding/Construction: The Chalk Line (Spring 2016)

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=878481

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View source version on businesswire.com: http://www.businesswire.com/news/home/20160510006673/en/

Fitch Ratings
Robert P. Curran
Managing Director
+1-212-908-0515
Fitch Ratings, Inc., 33 Whitehall, New York, NY 10004
or
Robert Rulla
Director
+1-312-606-2311
or
Media Relations:
Sandro Scenga, +1 212-908-0278
[email protected]

Source: Fitch Ratings

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