Pulte Homes

(PHM) - Get Report

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.

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

Ryland Group


, and



also gained.