Friday, February 06, 2004

New home sales push real estate to a third record year

The National Association of Home Builders reports that the "Commerce Department reported today that sales of new single-family homes topped one million units in 2003, establishing a new record high for the third consecutive year."

Remember, this refers to "new" homes - that means new construction.

It appears that the government, and other entities, keep statistics for "new" and "existing" homes separate.

Full text of the press release can be found here.

No comments: