Census Bureau Sales Report

The US Census home sales report out today puts 2004 in the record books for the most homes ever sold. But the buying seemed to let up at the end of the year, with November to December sales flat. One item to watch for the future was an increase in the homes on the market. The December 2003 inventory was 370,000 homes versus 432,000 for sale at the end of 2004, a 16% increase.