Sales of New U.S. Homes Fell 3.3 Percent in February - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Sales of New U.S. Homes Fell 3.3 Percent in February

Posted:
(Photo: AP) (Photo: AP)

WASHINGTON (AP)- Fewer people bought new U.S. homes in February. Sales fell to their slowest pace in five months, a sign that the housing market has yet to recover fully from brutal winter weather.
 
The Commerce Department says sales of new homes declined 3.3 percent last month to a seasonally adjusted annual rate of 440,000. That was down from a revised rate of 455,000 in January.
 
Buying dropped off during February in the Northeast, which was battered by snowstorms. It also fell in Western states, where last year's price increases have made homes less affordable.
 
New-home sales have declined 1.1 percent over the past 12 months. But economists expect sales to rebound as the weather improves and the spring buying season begins.

 

  • Most Popular StoriesMost Popular StoriesMore>>

  • Man Killed in Dover Double Shooting

    Man Killed in Dover Double Shooting

    Wednesday, June 28 2017 9:16 AM EDT2017-06-28 13:16:17 GMT
    Wednesday, June 28 2017 9:51 AM EDT2017-06-28 13:51:06 GMT

    Dover police are investigating a shooting that killed a 21-year-old man and left a 25-year-old man with injuries on Tuesday night.

    More

    Dover police are investigating a shooting that killed a 21-year-old man and left a 25-year-old man injured on Tuesday night.

    More
  • Man Wounded in Seaford Shooting

    Man Wounded in Seaford Shooting

    Wednesday, June 28 2017 1:48 PM EDT2017-06-28 17:48:39 GMT
    Wednesday, June 28 2017 1:58 PM EDT2017-06-28 17:58:50 GMT

    Seaford police are investigating a shooting that left an 18-year-old man injured Wednesday morning.

    More

    Seaford police are investigating a shooting that left an 18-year-old man injured Wednesday morning.

    More
  • Harrington Woman Arrested for Theft at Her Workplace

    Harrington Woman Arrested for Theft at Her Workplace

    Tuesday, June 27 2017 1:55 PM EDT2017-06-27 17:55:30 GMT
    Tuesday, June 27 2017 2:04 PM EDT2017-06-27 18:04:16 GMT

    Milford police said Tuesday that a Harrington woman was arrested for theft after she stole money from her employer over a several month period. 

    More

    Milford police said Tuesday that a Harrington woman was arrested for theft after she stole money from her employer over a several month period. 

    More
  • Most Popular VideosMost Popular VideosMore>>

  • Devastating Fire Destroyed the Old Wicomico Youth & Civic Center 40 Years Ago Tuesday

    Devastating Fire Destroyed the Old Wicomico Youth & Civic Center 40 Years Ago Tuesday

    40 years ago Tuesday the old Wicomico Youth and Civic Center was destroyed by one of the county’s most devastating fires.

    On June 27, 1977, a floor buffer sparked a highly flammable sealant being applied and, in an instant, the community’s cherished center shot up in flames, dark smoke billowing that could be seen as far south as Princess Anne and as far north as Laurel, Del.

    More

    40 years ago Tuesday the old Wicomico Youth and Civic Center was destroyed by one of the county’s most devastating fires.

    On June 27, 1977, a floor buffer sparked a highly flammable sealant being applied and, in an instant, the community’s cherished center shot up in flames, dark smoke billowing that could be seen as far south as Princess Anne and as far north as Laurel, Del.

    More
  • Update: Arson Blamed for Building Fire in Kent County, Part 2

    Update: Arson Blamed for Building Fire in Kent County, Part 2

    Authorities say arson is to blame for a late Monday afternoon fire that broke out at a vacant building in Kent County. 

    The Delaware State Fire Marshal's Office said the fire was reported shortly before 5 p.m. by a passing motorist who observed smoke at the
    former Mike Davidson Recycling facility, located in the 3000 block of Willow Grove Road, west of Camden. (Excerpt from WBOC News at 6)

    More

    Authorities say arson is to blame for a late Monday afternoon fire that broke out at a vacant building in Kent County. 

    The Delaware State Fire Marshal's Office said the fire was reported shortly before 5 p.m. by a passing motorist who observed smoke at the
    former Mike Davidson Recycling facility, located in the 3000 block of Willow Grove Road, west of Camden. (Excerpt from WBOC News at 6)

    More
  • Crab Season Shortened in Virginia, Maryland

    Crab Season Shortened in Virginia, Maryland

    Maryland and Virginia will end their respective crabbing seasons early this year, following a report indicating a drop in the Chesapeake Bay blue crab population.

    The Maryland Department of Natural Resources announced Tuesday that its crab season will end Nov. 20. The Virginia Marine Resources Commission voted 6-1 in a public hearing to end the season Nov. 30 and reopen it March 17, 2018.

    More

    Maryland and Virginia will end their respective crabbing seasons early this year, following a report indicating a drop in the Chesapeake Bay blue crab population.

    The Maryland Department of Natural Resources announced Tuesday that its crab season will end Nov. 20. The Virginia Marine Resources Commission voted 6-1 in a public hearing to end the season Nov. 30 and reopen it March 17, 2018.

    More
Powered by Frankly

All content © Copyright 2000 - 2017 WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices