EVANS
HAILS NEW HOME SALES LARGEST JUMP IN FOUR YEARS
WASHINGTON,
D.C. – Secretary of Commerce Donald L. Evans today
praised the skyrocketing demand for new home sales and credited
the President’s economic policies saying Americans now have
the confidence and money in their pockets to make more long-term
decisions.
“More
Americans have keys to their new homes thanks to the President’s
economic leadership. They have more money in their pockets and have
more confidence to make long-term decisions like buying a home.”
Demand
for new homes rose by +9.4% to 1.184 million units as new home sales
made its biggest jump in nearly 4 years and biggest increase since
President Bush came into office. New home sales have averaged 1.18
million units in the first eight months of 2004 and are on track
for another record year.
Housing
starts, building permits, existing home sales and the Homebuilders’
housing market index all remain at high levels.