Institutional Investor Research

Multi-Family Market-Level Forecasts - Supply Delays Drive Better 2017, But Still Expect Weaker 2018

Northern California Apartment Market in Focus - Growth Resumes Earlier Than Expected But Supply Still Looms

Portfolio Manager Weekly Z-Cap - Home Improvement Remains One of Strongest Consumer Areas

Presentation: Homebuilding M&A Spotlight Conference Call

Building Products Company Takeaways - Outperformance Could Resume With Stronger Revenue Growth

Building Products Survey - Industry Demand Continues to Improve at Steady Clip

The Home Depot - Solid 2Q17 Drives Guidance Raise Closer to Our Above-Consensus Estimate

Homecenter Survey - HD Continues to Lead Strong Home Improvement Sector

Invitation Homes - Bigger and Better

Mortgage Originator Survey - Credit Availability Expanding Further on the Margin

Thoughts Post BLD and IBP Earnings - Still See Valuation Upside After Strong YTD Outperformance

The Art of Measuring Home Prices - Prices Holding Firm at Strong Absolute Levels

Western Markets Report - Huge Week, But Comps Get More Difficult

TopBuild - Strong Incremental Margin Drives 2Q17 EPS Upside

Ply Gem Holdings - Guidance Reduction Disappointing But Sell-Off Overdone

Ply Gem Holdings - Mixed 2Q17 Results But 2017 EBITDA Range Lowered

Zelman Top Idea Basket - Adding RDN at Buy and Removing FNF at Buy

RE/MAX Holdings - Valuation Leaves us at Hold

Portfolio Manager Weekly Z-Cap - Strong Millennial Employment Growth a Positive for Housing

Essent Group - Across-the-Board Strength

RE/MAX Holdings - Strong Quarter But 2017 Guidance Unchanged

American Homes 4 Rent - Pricing Power Strength and Margin Expansion Continue

Banking Survey - Single-Family AD&C Lending Stronger than Implied by Fed

Taylor Morrison - The Entry Point We've Been Waiting For; Upgrading to Buy

Taylor Morrison - Robust Order Growth Begins to Slow, but Upward Bias to Forecasts

NMI Holdings - Solid Quarter Highlights ROE Potential

Radian Group - Heading in the Right Direction

Meritage Homes - A Step in the Right Direction

Radian Group - MI Results Strong but Clayton Impaired

Armstrong World Industries - Strong 2Q17 De-Risks Downside But Competitive Environment Persists

Armstrong World Industries - Upside to 2Q17, Full-Year EBITDA Guidance Maintained

First American Financial - Interest Rates Move from Headwind to Tailwind as Investment Income Picks Up

Mohawk Industries - Estimates Lifting Higher, Remains Top Pick

Ellie Mae - Cyclicality of Mortgage Business Rears Its Ugly Head

AIMCO - 2Q17 Upside, But 2017 Same-Store Outlook Maintained

Camden Property Trust - Surprising Strength in Revenue

CalAtlantic Group - Something For the Bulls and Bears

First American Financial - Commercial and Investment Income Drive Upside to Our Estimates

Real Estate Broker Survey - Normal Downtick in Demand With Summer in Full Swing

CoreLogic - Appraisal Driving Success Amid Tough Origination Environment

TRI Pointe Homes - Poised for a Breakout

Owens Corning - Lifting EPS Estimates, Reiterate Buy

UDR - In-Line Quarter and Slight Raise to 2017 Outlook

M/I Homes - Strong Margin, But Orders Light

TRI Pointe Homes - Solid Upside Across the Board

Western Markets Report - A Big Week

D.R. Horton - Straight Down the Fairway, but Stock May Take a Breather

Equity Residential - In Line Quarter, Guidance Revised a Shade Higher

PulteGroup - Through the Noise, a Slightly Better-Than-Expected Quarter

Stewart Information Services - Worst of Attrition Likely Over But Still Expect Some Choppy Quarters Ahead