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U.S. Commerce Department: New home sales fall in February for Northeast

Mar 27, 2014
Sales of new single-family homes in the Northeast in February were down 32.4 percent to a seasonally adjusted rate of 23,000, according to the U.S. Commerce Department. January’s revised annual rate was 34,000.

Nationally, new home sales were at a seasonally adjusted annual rate of 440,000 for February. This is 3.3 percent below the revised January rate of 455,000, and is 1.1 percent below the February 2013 total of 445,000.

To read the entire U.S. Commerce Department press release, click here.
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