Industry News

Home builder reports record earnings

Average home price at $376,000 for third quarter
Published on Oct 28, 2004

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Home builder Standard Pacific Corp. reported a 26 percent increase in third-quarter earnings to a record $2.16 per share compared to $1.72 last year. Net income, at $74.6 million, was up 29 percent from the third quarter of 2003, and ...