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Housing Shakes Off Winter Weather
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Housing Shakes Off Winter Weather# Living
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New Single-Family Home Sales Jump 9.4 Percent In February
March 24, 2005 - Sales of new single-family homes shook off a weather-related
downturn in January as the February sales pace increased 9.4 percent to a
seasonally adjusted annual rate of 1.226 million units, the U.S. Commerce
Department reported today.
“Builders expected single-family home sales to remain strong,” said David
Wilson president of the National Association of Home Builders (NAHB) and a
custom home builder from Ketchum, Idaho.
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