Fitch Teleconference: U.S. Housing 'Springing' Ahead; Friday 4/24

NEW YORK--(BUSINESS WIRE)-- Link to Fitch Ratings' Report: U.S. Homebuilding/Construction: The Chalk Line (Spring 2015)

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=864041

A solid spring selling season is auguring positively for U.S. homebuilders in the coming months, according to Fitch Ratings.

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 Friday 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

The conference call follows the release of Fitch's 'U.S. Homebuilding: The Chalk Line - Quarterly Update: Spring 2015', which is available at 'www.fitchratings.com' or by clicking on the above link.

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

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.

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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