Good News for Home Sales

How are new home sales likely to fare in 2005? According to economists at the National Association of Home Builders' Construction Forecast in October, single-family production will set another record next year. However, says David Seiders, NAHB's chief economist, "activity will flatten in 2005," as it is in the process of "topping out.
By By Jan Mitchell, Contributing Editor | November 30, 2004

How are new home sales likely to fare in 2005? According to economists at the National Association of Home Builders' Construction Forecast in October, single-family production will set another record next year. However, says David Seiders, NAHB's chief economist, "activity will flatten in 2005," as it is in the process of "topping out."

Regionally, said Stanley Duobinis, founder of Crystal Ball Economics, home builders can expect to do well next year in Nevada, Florida, Georgia, South Carolina, North Carolina, Arizona, Utah, Colorado, Minnesota, and Delaware. To view the entire conference, see www.ishow.com/nahb.asp and select Launch Presentation.

Comments

PB-Management,PB-Financials,PB-Sales,PB-Building Materials,PB-Design,PB-Economics,PB-Land Development,PB-Manufacturers + Suppliers,PB-Projects,PB-Industry Data + Research,PB-Builders,PB-New Home Sales,PB-Custom Home Design,PB-New Construction Projects
expand_less