New home sales jump recorded in February - News, Weather, Sports, Toledo, OH

New home sales jump recorded in February

There was some unexpected good news today on the economic front as sales of newly contructed homes jumped last month.

The U.S. Census Bureau reports that sales jumped nearly 5 percent after dropping to the lowest level on record in January. The report also shows the median sales price of new houses sold in February was just over $200,000.

Powered by Frankly