Friday, February 04, 2005

National Association of Home Builders (NAHB) reports on new home sales for 2004

The NAHB reports that 2004 saw record numbers of new home sales, setting the forth consecutive year that such sales set a new record.

"Total new single-family home sales for the year reached 1.183 million, an 8.9 percent increase from the previous annual record of 1.086 million set in 2003."

As far as prices are concerned, the NAHB reports that "The median sales price of new single-family homes increased 12.2 percent to $218,000 for the year, up from $195,000 in 2003."

To read the article, go here.

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