05.04.09: Residential Construction Report
2 analysts examine the Residential Construction segment in this 13-page report from The Wall Street Transcript.
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Investing in Homebuilding Stocks: David Goldberg, UBS
Outlook for Residential Construction: Robert Stevenson, Fox-Pitt Kelton Cochran Caronia Waller (USA) LLC
Topics covered: The trough in housing - Inventories - Low mortage rates - Government programs - Pricing pressure - Cancellation rates - Adjustments - Product changes - M&A activities - Credit standards - Home price indices - New home construction - The pace of sales
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Companies covered: Centex (CTX); Pulte (PHM); Ryland (RYL); Toll (TOL); KB Home (KBH); M.D.C (MDC); NVR (NVR).


