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Wednesday, October 21, 2020  Spokane, Washington  Est. May 19, 1883
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New-home sales climbed to a 7-month high in February

Purchases of new homes increased in February to a seven-month high, indicating the effects of the recent rise in borrowing costs on the U.S. residential real estate market have been modest.

U.S. new-home sales tumble in January; big decline in West

The Commerce Department said Wednesday that new-home sales fell 9.2 percent last month to a seasonally adjusted annual rate of 494,000. Most of the decline stemmed for a 32.1 drop in sales in the West. Sales also slipped in the Midwest, while edging up in the Northeast and South.

Home sales see bump

With 588 homes sold in May, Spokane County’s real estate market had its best month since 2007, the Spokane Association of Realtors said. The number compares with May 2012, when 440 homes sold in the county.

US new-home sales fell in February

WASHINGTON — Sales of U.S. new homes fell in February for the second straight month, a reminder that the depressed housing market remains weak despite some improvement.

New-home sales plunge 33% with tax credits gone

Sales of new homes collapsed in May, sinking 33 percent to the lowest level on record as potential buyers stopped shopping for homes once they could no longer receive government tax credits.

New home sales jump from record low

Sales of new homes surged 27 percent last month, bouncing off the previous month’s record low and blowing past expectations as government incentives and better weather boosted sales.