Home | En Español | Contact Us | A to Z 

HUD Archives: News Releases


HUD No. 98-101
Further Information:For Release
In the Washington, DC area: 202/708-0685Tuesday
Or contact your local HUD officeMarch 3, 1998

STATEMENT BY HUD SECRETARY ANDREW CUOMO ON INCREASED NEW HOME SALES

WASHINGTON - Housing and Urban Development Secretary Andrew Cuomo today issued the following statement on the Commerce Department announcement that sales of new homes rose 10.3 percent in January.

"Today's report of strong new home sales shows that President Clinton's economic policies are continuing to transform the American Dream of homeownership into a reality for more families. The nation's homeownership rate hit the highest level in American history in 1997 - 65.7 percent - and is moving toward new records. This is good news not just for new homeowners, but for the millions of Americans whose jobs depend on the construction and sale of new homes."

Content Archived: January 20, 2009

Whitehouse.gov
FOIA Privacy Web Policies and Important Links [logo: Fair Housing and Equal Opportunity]
U.S. Department of Housing and Urban Development
451 7th Street S.W.
Washington, DC 20410
Telephone: (202) 708-1112 TTY: (202) 708-1455
usa.gov