New Home Sales Strong

Hogsett, Don
October 2004
Home Textiles Today;10/4/2004, Vol. 26 Issue 6, p35
Trade Publication
This article presents information about sales in real estate. The U.S. Department of Commerce reported that new home sales moved at a seasonally adjusted level of 1.18 million units, up from 1.08 million in July, and ahead of a forecasted sales pace of 1.15 million. The sales picture for new homes was broadly strong, with gains reported in three of the nation's four regions: up 19.5 percent in the West; up 12.6 percent in the South; and up 6.1 percent in the Northeast. The only decline, 8.3 percent, was recorded in the Midwest.


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