U.S. New-Home Sales Rise in December(January 30, 2006) --
New-home sales posted an annual sales gain of 3 percent to 1.269 million units in December from 1.233 million the previous month, a joint report from the U.S. Department of Housing and Urban Development and the U.S. Commerce Department shows.
New-home sales for all of 2005 rose 6.6 percent to 1.282 million from 1.203 million in 2004.
The median new-home price in December hit $221,800, while the average price reached $272,900.
Source: Industry Week, John McClenahan (01/30/06)
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