QMI

New Homes Sales Stay Strong in February -- Zonda Reports

Retrieved on: 
Thursday, March 21, 2024

NEWPORT BEACH, Calif., March 21, 2024 /PRNewswire-PRWeb/ -- The spring selling season for the new home market is shaping up to be stronger than expected. The U.S. Zonda Market Ranking for February came in as slightly overperforming, up from average this time last year. While higher interest rates and home prices have deterred some buyers, those with a strong need for a home are still finding ways to make it happen, including some help from builder incentives.

Key Points: 
  • "We need to remember not to paint the housing market with a broad brush," said Ali Wolf, chief economist for Zonda.
  • Zonda's new home sales metric counts the number of new home contract sales each month and accounts for both cancellations and seasonality.
  • Zonda's New Home Pending Sales Index (PSI) was created to help account for fluctuations in supply by combining both total sales volume with the average sales rate per month per community.
  • Zonda monitors 18,000 active communities in the country and the homes tracked can be in any stage of construction.

New Home Sales Have Healthy Start To The Year, Reports Zonda

Retrieved on: 
Thursday, February 22, 2024

NEWPORT BEACH, Calif., Feb. 22, 2024 /PRNewswire-PRWeb/ -- Today, the experts at Zonda, the housing industry's foremost advisors, released the New Home Market Update report for January 2024.

Key Points: 
  • "Stability in mortgage rates is key for housing demand," said Ali Wolf, chief economist with Zonda.
  • Zonda's new home sales metric counts the number of new home contract sales each month and accounts for both cancellations and seasonality.
  • Zonda's New Home Pending Sales Index (PSI) was created to help account for fluctuations in supply by combining both total sales volume with the average sales rate per month per community.
  • As a result, the New Home PSI blends the cumulative sales of activity recently sold-out projects with the average sales rate per community, which adjusts for fluctuations in supply.

IBN to Serve as Corporate Communications Firm for Informa’s QuantMinds International, NetworkNewsWire Named Official Newswire

Retrieved on: 
Friday, November 10, 2023

NEW YORK, Nov. 10, 2023 (GLOBE NEWSWIRE) -- IBN (“InvestorBrandNetwork”), a pioneering corporate communications firm and content distributor, is delighted to announce that NetworkNewsWire (“NNW”) has been selected by Informa PLC (“Informa”) to be the official newswire for QuantMinds International (“QMI”), the world's preeminent quant finance conference, which takes place November 13-16, 2023.

Key Points: 
  • NEW YORK, Nov. 10, 2023 (GLOBE NEWSWIRE) -- IBN (“InvestorBrandNetwork”), a pioneering corporate communications firm and content distributor, is delighted to announce that NetworkNewsWire (“NNW”) has been selected by Informa PLC (“Informa”) to be the official newswire for QuantMinds International (“QMI”), the world's preeminent quant finance conference, which takes place November 13-16, 2023.
  • Hosted at the iconic InterContinental O2 in London, IBN will serve as the official corporate communications firm for the event.
  • As the official newswire for this event, NNW will employ traditional wire-grade dissemination and article syndication to generate greater interest across target markets.
  • Jonathan Keim, Communications Director for IBN, commented, “Quantitative strategies are crucial for identifying asymmetric opportunities.

TVA Group announces major changes to secure its future

Retrieved on: 
Thursday, November 2, 2023

MONTRÉAL, Nov. 2, 2023 /CNW/ - TVA Group (TSX: TVA.B) is announcing major changes to secure its future at a time of crisis for the global media industry.

Key Points: 
  • MONTRÉAL, Nov. 2, 2023 /CNW/ - TVA Group (TSX: TVA.B) is announcing major changes to secure its future at a time of crisis for the global media industry.
  • Given this situation, in the coming months TVA Group will implement a three-pronged reorganization plan approved by its Board of Directors:
    "The deficit TVA Group is currently running is simply no longer sustainable," said Pierre Karl Péladeau, acting President and CEO of TVA Group and President and CEO of Quebecor.
  • The second measure concerns the news outlets of TVA Group and Quebecor: TVA, LCN, Le Journal de Montréal, Le Journal de Québec, QUB radio, 24 heures, TVA Sports, TVA Publications magazines, and the other digital brands.
  • The plan announced today springs from a desire to restore TVA Group to a position of strength and secure its future.

New Home Market Shows Some Resilience, According to Zonda

Retrieved on: 
Friday, September 22, 2023

Zonda's new home sales metric shows there were 709,114 new homes sold in August on a seasonally adjusted annualized rate.

Key Points: 
  • Zonda's new home sales metric shows there were 709,114 new homes sold in August on a seasonally adjusted annualized rate.
  • Overall, sales have held up better than expected but seasonality and affordability challenges remain clear headwinds to the market.
  • In contrast, resale sales are down year-over-year as the lack of inventory continues to plague the market."
  • This metric shows there were 709,114 new homes sold in August on a seasonally adjusted annualized rate.

New Home Sales Hold Steady in July, Zonda Reports in Latest New Home Market Update

Retrieved on: 
Monday, August 21, 2023

NEWPORT BEACH, Calif., Aug. 21, 2023 /PRNewswire-PRWeb/ -- Today, the experts at Zonda, the housing industry's foremost advisors, released the New Home Market Update report for July 2023.

Key Points: 
  • Some of those sales are driven by incentives and discounts and some are even as prices rise in select communities again.
  • The latest data for July shows that sales have climbed 26% from the same month in 2019.
  • Zonda's new home sales metric counts the number of new home contract sales each month and accounts for both cancellations and seasonality.
  • It is necessary to monitor both new and existing home sales to establish an accurate picture of the relative health of the residential real estate market.

New Home Sales Flatten Month-Over-Month in June, Rising 34% from Last Year

Retrieved on: 
Friday, July 21, 2023

NEWPORT BEACH, Calif., July 21, 2023 /PRNewswire-PRWeb/ -- Today, the experts at Zonda, the housing industry's foremost advisors, released the New Home Market Update report for June 2023.

Key Points: 
  • Zonda's new home sales metric counts the number of new home contract sales each month and accounts for both cancellations and seasonality.
  • Zonda's New Home Pending Sales Index (PSI) was created to help account for fluctuations in supply by combining both total sales volume with the average sales rate per month per community.
  • As a result, the New Home PSI blends the cumulative sales of activity recently sold out projects with the average sales rate per community, which adjusts for fluctuations in supply.
  • It is necessary to monitor both new and existing home sales to establish an accurate picture of the relative health of the residential real estate market.

TVA GROUP INC. ANNOUNCES NEW CREDIT FACILITIES

Retrieved on: 
Wednesday, June 28, 2023

TVA Group also entered into a new C$20 million demand credit facility with the National Bank of Canada (the "NBC Facility") (together with the QMI Credit Facility, the "Credit Facilities").

Key Points: 
  • TVA Group also entered into a new C$20 million demand credit facility with the National Bank of Canada (the "NBC Facility") (together with the QMI Credit Facility, the "Credit Facilities").
  • Concurrently, the Corporation terminated its bank facility consisting of a C$75 million secured syndicated revolving credit facility maturing on February 24, 2024.
  • The credit agreements governing the Credit Facilities contain covenants customary for facilities of this type.
  • The Corporation intends to use the Credit Facilities for general corporate purposes.

New Home Sales Remain High in May Despite 7% Mortgage Rates

Retrieved on: 
Wednesday, June 21, 2023

NEWPORT BEACH, Calif., June 21, 2023 /PRNewswire-PRWeb/ -- Today, the experts at Zonda, the housing industry's foremost advisors, released the New Home Market Update report for May 2023.

Key Points: 
  • We are in the "life happens" housing market, one where sales are driven primarily by changes in life stage and lifestyle.
  • Marriage, divorce, death, retirement, downsizing, having children, and relocating encourage a move despite the mortgage lock-in effect, housing affordability challenges, and economic uncertainty.
  • We are continuing to watch the depth of today's buyer pool, though, given mortgage rates are at or near 7.0% again and home prices back on the rise."
  • Zonda's new home sales metric counts the number of new home contract sales each month and accounts for both cancellations and seasonality.

New Home Sales Stay Strong In April, Zonda Reports in New Home Market Update Report

Retrieved on: 
Friday, May 19, 2023

NEWPORT BEACH, Calif., May 19, 2023 /PRNewswire-PRWeb/ -- Today, the experts at Zonda, the housing industry's foremost advisors, released the New Home Market Update report for April 2023.

Key Points: 
  • April was a banner month for new home sales, with Zonda's data showing activity was up month-over-month, year-over-year, and compared to 2019.
  • While the current market is supportive of pricing power, it is important to not get over our skis as housing affordability remains issue number one.
  • Zonda's new home sales metric counts the number of new home contract sales each month and accounts for both cancellations and seasonality.
  • It is necessary to monitor both new and existing home sales to establish an accurate picture of the relative health of the residential real estate market.