Comstock Holding Companies, Inc. (CHCI): A Bull Case Theory
The contract signing volume of second-hand houses in the USA has slightly rebounded, benefiting from improved weather and increased supply.
In February, the number of signed contracts for second-hand homes in the USA slightly rebounded from a record low, as improved weather and increased supply brought some optimism for the spring selling season.
February New-Home Sales Rise Less Than Projected as Prices Fall
The USA housing market's leading indicator of new home sales is warming up, but inventory has reached the highest level since 2007, and house prices have dropped 1.5% year-on-year.
In February, new home sales in the USA increased by 1.8% month-on-month, compared to an expected increase of 3.5%, while the previous January value showed a significant drop of 10.5%. In February, the supply of newly built homes rose by 0.8%, reaching 0.5 million units, the highest level since 2007. The median sale price of new homes decreased by 1.5% compared to last year, falling to 0.4145 million dollars.
Home Buyers Could See More Deals on New Homes as Builders Worry About a Pullback
Home Prices Kept Growing in January, but There Are Signs of a Slowing Market Ahead
February US New-Home Sales Rise Less Than Expected, Up Year-Over-Year
Home Prices Kept Climbing in January. Why a Slowdown Is Coming
January FHFA Home-Price Index Posts Smaller-Than-Expected Gain
Home Prices Likely Kept Climbing in January. Why a Slowdown Is Coming. -- Barrons.com
US New-Home Sales Expected to Rebound in February After January Decline
Building Permits, New Home Sales, and Consumer Confidence Data Due Tuesday
US Dollar Falls Early Monday, Focus on GDP, Personal Income, Spending
Comstock Holding Companies Full Year 2024 Earnings: EPS: US$1.48 (Vs US$0.81 in FY 2023)
CEO of $30 Billion Homebuilding Empire Sees 'Weaker-for-longer' Housing Market as Consumer Confidence Plummets
Comstock Holding | 10-K: FY2024 Annual Report
Comstock Holding Reports Q4 EPS 99c Vs. 18c Last Year
Express News | Comstock Holding Companies, Inc. Q4 Net Income USD 10.327 Million
Express News | Comstock Holding Companies, Inc. Q4 EPS USD 0.99
Express News | Comstock Holding Companies, Inc. Q4 Adjusted Ebitda USD 3.133 Million