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Commerce Department Announces Record Levels of Single Family Home Sales - US Department of Commerce report states that single family home sales for june increased by 1.4% over May
Commerce Department Announces Record Levels of Single Family Home Sales

 

PRZOOM - /newswire/ - Point Roberts, WA, United States, 2005/07/28 - US Department of Commerce report states that single family home sales for june increased by 1.4% over May.

   
 
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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
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”.

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.

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International Barrier Technology Inc. (IBTGF: OTCBB; IBH: TSXV) develops, manufactures, and markets proprietary fire resistant building materials branded as Blazeguard®. Barrier’s award-winning Blazeguard® wood panels use a patented, non-toxic, non-combustible coating with an extraordinary capability: it releases water in the heat of fire. The panels exceed “model” building code requirements in every targeted fire test and application, and are unique in combining properties that increase panel strength and minimize environmental and human impact. Blazeguard® provides Barrier’s customers a premium material choice meeting an increasingly challenging combination of requirements in residential and commercial building construction. Blazeguard® customers include four of the five top homebuilders!

Cyberlux Corporation (OTCBB: CYBL) has created breakthrough lighting technology that provides the most energy efficient and cost effective lighting solutions available today. Several products are designed to address emergencies such as power outages or critical security lighting needs and others which bring newly developed heatless light into the home for use in closets, cabinet interiors and under cabinet lighting for kitchen counters. Cyberlux uses solid-state semiconductors, trademarked as its diodal™ lighting elements, which consume 92 percent less energy than incandescent elements and perform for over 20 years in contrast to 750 hours for traditional bulbs.

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ECON is a privately owned corporate communications company specializing in: media relations, investor relations, and research on public companies and industry sectors, for the investment community. Nothing on our sites should be construed as an offer or solicitation to buy or sell any specific products or securities. All investments involve risk. Past performance does not guarantee future results, therefore investigate before you invest! Although we attempt to research thoroughly, we offer no guarantees as to the accuracy of any information presented. We encourage all investors to use our sites only as a resource to further their own research. The site is compensated by its "Featured Companies,” as outlined in our on-line disclaimer. ECON is compensated by Featured Companies: IBH and CYBL. IBH pays ECON a fee of Eight thousand seven hundred dollars per month, plus 100,000 stock options. Cyberlux Corporation - Three thousand dollars per month.

Source: ECON Investor Relations Inc.

 
 
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Commerce Department Announces Record Levels of Single Family Home Sales

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