Fitch Teleconference: U.S. Housing 'Springing' Ahead; Today @ 2PM ET
Demographics, pent-up demand, attractive affordability/housing valuations, and a steady easing in credit standards should sustain and in time accelerate the upturn for U.S. housing for the remainder of 2015.
Fitch expects stable ratings for most issuers within the homebuilding sector as the economy grows at a healthy, consistent pace. There is a potential for some positive rating actions if the housing recovery performs as expected. Of course, financial performance will vary among issuers, reflecting customer, geographic and product strengths.
Fitch will be discussing this and other market and competitive trends during its quarterly housing and homebuilder conference call, to take place this afternoon at 2PM ET.
The focus of the conference call will be to discuss fourth quarter 2014 (4Q'14) and more recent housing data, as well as Fitch's 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 and provide insights about the outlook for year 2015, as well as give a brief sector recap for 4Q'14. Curran and Robert Rulla will answer questions after the formal presentation
Following are details of the teleconference:
--Date: Friday April 24
--Time: 2:00 p.m. ET
--Conference ID: 32353538
--U.S/Canada: +1-877-819-0869
--International: +1-706-902-0405
--Call Leader: Robert Curran
Replay information:
--Replay Dates: April 24, 2015 - May 23, 2015
--U.S./Canada: +1-855-859-2056
--International: +1-404-537-3406
--Replay ID: 32353538
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