HomebuilderStocks.com Reports: Commerce Department Announces Record Levels of Single Family Home Sales in June
By Dawn Van Zant
US Department Of Commerce Report States That Single Family Home Sales for June Increased By 1.4% over May
POINT ROBERTS, WA. July 28, 2005 - www.HomebuilderStocks.com, (HBS) a global investment news and research portal for the homebuilder sector, reports upon the release of a Commerce Department report, stating that single family home sales for June increased by 1.4% over the month of May. Both analysts and market participants remain firmly bullish in their forecasts for the coming year.
HBS does not make stock recommendations but offers a unique free information portal for investors to explore news, articles, and recent research. The site is currently compensated by featured companies International Barrier Technology Inc. (IBTGF: OTCBB; IBH: TSXV) and Cyberlux Corporation (OTCBB: CYBL).
Commerce Department Reports Record Levels of Home Sales in June www.HomeBuilderStocks.com, Washington, July 27, 2005 – A report released yesterday by the Commerce Department stated that the sale of single-family homes had hit an all time high as of June 2005. June saw a 4% increase over the month of May, hitting a high of 1.37 million units per annum. The report also stated that orders for big ticket manufactured items rose by 1.4% over May. This news was taken by market analysts as a further sign of an economy that is gaining ground fast, with the Federal Reserve calling the economic expansion “solid”.
To Read Full HS Report Click Here: http://www.HomebuilderStocks.com/Companies/HomebuilderStocks/Articles/HomeSales.asp
Our current list of public companies in the sector includes: Toll Brothers, Beazer Homes USA, Inc., Ryland Group, Brookfield Homes, Centex, Inc., Home Depot, Homestore, Inc., KB Home, Lennar Corporation, Lowe’s, Monterey Homes, Orleans Homebuilders, Inc., Pulte Homes and numerous others.
For the complete list, click here: http://www.homebuilderstocks.com/Companies/HomebuilderStocks/HomebuilderStockList.asp
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For more information contact: Dawn Van Zant / Brian Noer Toll free: 800-665-0411 Email: dvanzant@investorideas.com or bnoer@investorideas.com Web Site: http://www.InvestorIdeas.com
About the author:
HBS does not make stock recommendations but offers a unique free information portal for investors to explore news, articles, and recent research. The site is currently compensated by featured companies International Barrier Technology Inc. (IBTGF: OTCBB; IBH: TSXV) and Cyberlux Corporation (OTCBB: CYBL).
