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Century Communities Sets June Grand Opening for New Homes in Southwest Las Vegas
Prnewswire· 2025-06-26 18:03
Core Insights - Century Communities, Inc. is launching a new community named Ironwood in Southwest Las Vegas, with a Grand Opening celebration scheduled for June 28, 2025 [1][2] - The new community will feature modern one- and two-story homes, with quick access to local amenities and outdoor destinations [1][4] Company Overview - Century Communities is one of the largest homebuilders in the U.S., recognized for its online home sales and ranked among America's and the World's Most Trustworthy Companies by Newsweek [1][4] - The company operates in 17 states and over 45 markets, providing a range of services including mortgage, title, insurance brokerage, and escrow services [6] Product Offering - Ironwood will offer over 100 single-family homesites with floor plans ranging from 1,742 to 2,114 square feet, featuring 2 to 6 bedrooms and 2 to 3 bathrooms [4] - Included features in the homes will consist of quartz countertops, stainless-steel appliances, and the Century Home Connect® smart home package [4] Location and Accessibility - The community is strategically located near UnCommons, Durango Casino & Resort, Rhodes Ranch Golf Club, and various hiking and biking trails [4] - It provides easy access to Blue Diamond Road, I-15, and I-215, facilitating quick commutes to the Las Vegas Strip and Harry Reid International Airport [4]
高盛:中国对新房的需求将保持低位(英文)
Sou Hu Cai Jing· 2025-06-25 01:11
今天分享的是:高盛:中国对新房的需求将保持低位(英文) 报告共计:14页 高盛报告核心内容总结:中国新房需求将持续低位运行 高盛发布报告指出,中国城市新房需求在未来一段时间内将保持低位,2025-2030年每年新增需求或略低于500万套,较2017年 2000万套的峰值下降75%,这一趋势由人口结构变化、政策转向及投资需求逆转等多重因素共同驱动。 人口结构变化抑制住房需求 中国人口在2021年达峰后开始下降,联合国预测未来人口将持续收缩,这使得人口增长对新房需求的贡献从2010年代的年均150 万套转为2020年代的-50万套和2030年代的-140万套。同时,城市化进程虽仍在推进,但速度明显放缓,2024年中国常住人口城 镇化率为67%,政府目标是2030年达到70%,这意味着2024-2030年每年城镇化率仅提高0.5个百分点,远低于2010-2020年的增 速,受此影响,城镇化对新房需求的贡献从2010年代的年均640万套降至2020年代的380万套和2030年代的280万套。不过,家庭 规模缩小在一定程度上抵消了人口和城镇化的负面影响,2000-2020年,中国城市"一代户"比例从27%升至50%,预 ...
Century Communities Announces Two Grand Opening Events on June 21 in California's Bay Area
Prnewswire· 2025-06-18 14:23
Core Insights - Century Communities, Inc. is hosting Grand Opening celebrations for two new home communities, Newport Pointe in Discovery Bay and Malana at Lakeview in Mountain House, on June 21, 2025 [1][2] Group 1: Company Overview - Century Communities is recognized as a top national homebuilder and an industry leader in online home sales, featured on Newsweek's lists of America's and the World's Most Trustworthy Companies [1][6] - The company operates in 17 states and over 45 markets across the U.S., providing a range of services including mortgage, title, insurance brokerage, and escrow services through its subsidiaries [6] Group 2: New Developments - Newport Pointe is now selling from the upper $700s, featuring single-family homes with 3 to 5 bedrooms, 2.5 to 3 bathrooms, and up to 2,833 square feet [3][4] - Malana at Lakeview is now selling from the low $1 millions, offering similar single-family homes with multi-gen living options and up to 2,807 square feet [3][4] Group 3: Community Features - Both communities provide access to various recreational activities, including boating, fishing, and kayaking, along with proximity to amenities such as golf courses, parks, and shopping [3][4] - Malana at Lakeview is part of The Lakes at Mountain House, which includes future parks, trails, schools, and a community center [4] Group 4: Online Homebuying - Century Communities offers an industry-first online homebuying experience, allowing customers to shop for homes and complete purchases electronically [5][8]
高盛:中国 5 月 70 个城市平均新建商品住宅价格进一步下跌
Goldman Sachs· 2025-06-17 06:17
16 June 2025 | 12:26PM HKT China: 70-city average primary property prices fell further in May Bottom line: The National Bureau of Statistics' 70-city house price data suggest the weighted average property price in the primary market fell by 2.4% mom annualized in May after seasonal adjustments. The widening in sequential decline of house prices was broad-based across all city tiers. We emphasize the 70-city data are for primary market transactions (new home sales) only; secondary market data by NBS and some ...
房地产统计局1-5月数据点评:5月新房销售金额与新开工面积降幅均有所收窄
Dongxing Securities· 2025-06-16 11:03
房地产统计局 1-5 月数据点评:5 月新房销售金额与新开工面积降幅 均有所收窄 2025 年 6 月 16 日 看好/维持 房地产 行业报告 未来 3-6 个月行业大事: 销售:5 月新房销售面积同比降幅有所扩大,销售均价环比回升带动销售金额 同比降幅收窄。 2025 年 1-5 月商品房累计销售面积同比增速为-2.9%、前值为-2.8%;累计销 售金额同比增速为-3.8%、前值为-3.2%。其中,5 月商品房销售面积同比增速 为-3.3%、前值为-2.1%;销售金额同比增速为-6%、前值为-6.7%;销售均价 单月同比增速为-2.8%、单月环比增速为 2.5%。 开发投资:5 月新开工面积与竣工面积同比降幅收窄,开发投资维持弱势。 2025 年 1-5 月房屋累计新开工面积同比增速为-22.8%、前值为-23.8%;房屋 累计竣工面积同比增速为-17.3%、前值为-16.9%;开发投资累计金额同比增 速为-10.7%,前值为-10.3%。其中,5 月单月新开工面积同比增速为-19.3%, 前值为-22.1%;竣工面积同比增速为-19.5%,前值为-27.9%;开发投资金额 同比增速为-12%,前值为-11 ...
Century Communities To Host June Ribbon-Cutting at Running Creek in Locust, NC
Prnewswire· 2025-06-12 15:59
Event to be held on June 26, featuring model tours, move-in ready homes, and giveawaysCHARLOTTE, N.C., June 12, 2025 /PRNewswire/ -- Century Communities, Inc.—a top 10 national homebuilder, industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2025—announced Running Creek, the Company's new community in Locust, NC, will host a ribbon-cutting ceremony with the Stanly County Chamber of Commerce on Thursday, June 26 from 11 a.m. to 1 ...
Century Complete Announces New Homes Now Selling in Dublin, GA
Prnewswire· 2025-05-29 19:38
Core Insights - Century Communities, Inc. has launched Pinehurst, a new community in Dublin, GA, with homes starting from the low $200s, emphasizing quality craftsmanship and affordability [1][3][9] - The company is recognized as a leader in online home sales and has been featured among America's and the World's Most Trustworthy Companies by Newsweek [1][9] Company Overview - Century Communities operates under the Century Complete brand, focusing on providing attractive, high-quality homes at affordable prices [9] - The company is engaged in all aspects of homebuilding, including land acquisition, development, construction, and innovative marketing [9] - It operates in 17 states and over 45 markets across the U.S., offering additional services such as mortgage and insurance through its subsidiaries [9] Product Offerings - Pinehurst features five single- and two-story floor plans with open-concept layouts, including modern amenities such as granite countertops and stainless-steel appliances [2][4] - Homes range from 1,461 to 2,180 square feet, with options for 3 to 4 bedrooms and 2 to 3 bathrooms [4][5] - The community is strategically located between Macon, GA, and historic downtown Savannah, providing easy access to shopping, dining, and major highways [1][4] Online Homebuying Experience - Century Communities offers a pioneering online homebuying process, allowing customers to purchase homes 24/7 while still having the option for in-person assistance [7][9] - The online process includes steps such as filling out a Buy Online form, submitting an earnest money deposit, and electronically signing a purchase contract [11]
Century Communities Announces New Homes Now Selling in Centralia, WA
Prnewswire· 2025-05-28 16:15
Quick move-in homes available and selling fast after grand opening eventSEATTLE, May 28, 2025 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—a top national homebuilder, industry leader in online home sales, and featured on America's Most Trustworthy Companies and World's Most Trustworthy Companies by Newsweek—is excited to announce that the Company's anticipated new community in Centralia, Washington, is now selling. A Grand Opening event for Centralia Woods was held on May 17, featuring model home t ...
Hovnanian Enterprises(HOV) - 2025 Q2 - Earnings Call Transcript
2025-05-20 16:00
Financial Data and Key Metrics Changes - Total revenues for the second quarter were $686 million, closer to the low end of guidance, primarily due to a mix of deliveries with higher-priced home deliveries slipping into future quarters [7] - Adjusted gross margin was 17.3%, just below the low end of guidance, impacted by increased incentives which rose to 10.5% [7][8] - Adjusted EBITDA was $61 million, slightly above the high end of guidance, while adjusted pretax income was $29 million, near the high end of guidance [10] - Year-over-year total revenues declined despite flat deliveries, primarily due to lower average sales prices [11] Business Line Data and Key Metrics Changes - Contracts for the second quarter, including domestic unconsolidated joint ventures, decreased by 7% year-over-year, with significant monthly sales volatility observed [13] - The company reported 11.2 contracts per community, which is higher than the quarterly average since 2008, despite a year-over-year decline in contracts per community [14][15] - The percentage of home buyers utilizing mortgage rate buy downs was 75%, indicating continued reliance on these incentives to combat affordability [17] Market Data and Key Metrics Changes - The company experienced a 12% increase in the total number of open for sale communities year-over-year, ending the quarter with 148 communities [29] - Controlled lots increased by 15% year-over-year, equating to a 7.7-year supply of controlled lots [30] - The company noted that 60.3% of communities with price increases were in better-performing markets such as Delaware, Maryland, and Virginia [22] Company Strategy and Development Direction - The company is focusing on pace over price, resulting in an above-average number of contracts per community compared to peers, despite a challenging sales environment [16] - A strategic decision was made to burn through less profitable land parcels at lower gross margins to clear the way for recent land acquisitions that meet target return metrics [26] - The company is actively engaging with land sellers to find mutually beneficial solutions in a slow market [26] Management's Comments on Operating Environment and Future Outlook - Management expressed satisfaction with the quarter's performance given the difficult environment, while remaining vigilant about economic uncertainties [49] - The company expects to return to more favorable performance metrics as it replaces certain land positions with newer acquisitions that meet return targets [26] - Guidance for the next quarter assumes no adverse changes in current market conditions, with total revenues expected between $750 million and $850 million [42] Other Important Information - The company ended the quarter with $2 billion in liquidity, within its targeted range, and has made significant progress in reducing debt and improving its balance sheet [38][40] - The company signed a memorandum of understanding with the Ministry of Housing in Saudi Arabia to expand activities and partnerships in the region [27] Q&A Session Summary Question: Have you seen lower land prices on recent acquisitions? - Management indicated that land sellers are slow to adjust prices, but they are finding opportunities to replenish land supply at better returns [56] Question: What markets are yielding better results with land sellers? - Management mentioned markets such as Delaware, Virginia, Southeast Coastal Charleston, New Jersey, and Maryland as currently yielding better results [57] Question: What is the current incentive structure? - The company utilizes a mix of mortgage rate buy downs, price reductions, and other incentives depending on the delivery timeline of homes [63] Question: Is the focus still on spec building? - Management confirmed that the strategy remains focused on quick move-in homes, which allows for affordable mortgage rate buy downs [64] Question: How long will it take to clear older vintage land? - Management noted that the timeline varies by geography, with some areas already cleared out while others may take two to three years [70] Question: What are the expectations for construction costs in the back half of the year? - Management expressed optimism about maintaining or slightly reducing construction costs, barring any significant increases in lumber prices [77]
高盛:中国4月 70 个大中城市新建商品住宅平均价格进一步下跌
Goldman Sachs· 2025-05-19 08:55
China: 70-city average primary property prices fell further in April Bottom line: 19 May 2025 | 12:53PM HKT The National Bureau of Statistics' 70-city house price data suggest the weighted average property price in the primary market decreased by 1.7% mom annualized in April after seasonal adjustments. The divergence between top-tier and lower-tier cities persists. Tier-1 cities continued to show sequential increases in primary home prices in April, but prices in Tier-2 and Tier-3 cities declined sequential ...