Skip to main content

Pulte Homes

(PHM)

announced record orders for the fourth quarter on Friday.

The Bloomfield Hills, Mich.-based company said new home orders rose 31% to a record 8,465 in the quarter ended Dec. 31, 2003.

For the full year, new orders totaled 34,989, an increase of 13%.

"We continue to expand our product offerings to serve all buyer segments: affordable, first and second move up and active adult," said the company.

Demand was particularly strong in the central and western parts of the country.

Scroll to Continue

TheStreet Recommends

Pulte shares rose $1.09, or 2.5%, to $44. Shares in

Ryland Group

(RYL)

, and

Centex

(CTX)

also gained.