New home sales fall - Spokane, North Idaho News & Weather KHQ.com

New home sales fall

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  • Median home prices show signs of stability

    Median home prices show signs of stability

    WASHINGTON. - A real estate industry group says home prices rose in 40 percent of U.S. cities in the fourth quarter of last year, as massive federal spending helped the housing market show signs of stability.>>
    WASHINGTON. - A real estate industry group says home prices rose in 40 percent of U.S. cities in the fourth quarter of last year, as massive federal spending helped the housing market show signs of stability.>>
  • December home sales down nearly 17 percent

    December home sales down nearly 17 percent

    WASHINGTON. - Sales of previously occupied homes took the largest monthly drop in more than 40 years last month, plunging far deeper than expected after lawmakers gave buyers extended time to use a tax credit.>>
    WASHINGTON. - Sales of previously occupied homes took the largest monthly drop in more than 40 years last month, plunging far deeper than expected after lawmakers gave buyers extended time to use a tax credit.>>

WASHINGTON. - Sales of new homes plunged to a record low in January, underscoring the formidable challenges facing the housing industry as it tries to recover from the worst slump in decades.
     
The Commerce Department reported Wednesday that new home sales dropped 11.2 percent last month to a seasonally adjusted annual sales pace of 309,000 units, the lowest level on records going back nearly a half century. The big drop was a surprise to economists who had expected sales would rebound to an annual rate of 360,000 units.
     
The January decline will heighten fears about the fledgling recovery in housing. Economists were already worried that an improvement in sales in the second half of last year could falter as various government support programs are withdrawn.

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  • Hillyard neighbors say trailer is turning their neighborhood into a 'war zone'

    Hillyard neighbors say trailer is turning their neighborhood into a 'war zone'

    Monday, October 23 2017 8:30 PM EDT2017-10-24 00:30:18 GMT

    SPOKANE, Wash. - Neighbors and business owners in Hillyard tell KHQ they don't know how much more they can take. They said a motorhome is attracting all kinds of trouble. Piles of trash surround it, and neighbors said it is a magnet for crime. They said even human waste is going into the roadway. "It's a war zone," said one neighbor. "It's nothing but trouble," said another.

    >>

    SPOKANE, Wash. - Neighbors and business owners in Hillyard tell KHQ they don't know how much more they can take. They said a motorhome is attracting all kinds of trouble. Piles of trash surround it, and neighbors said it is a magnet for crime. They said even human waste is going into the roadway. "It's a war zone," said one neighbor. "It's nothing but trouble," said another.

    >>
  • Police investigating after dead person found near Bowl and Pitcher

    Police investigating after dead person found near Bowl and Pitcher

    Monday, October 23 2017 8:05 PM EDT2017-10-24 00:05:06 GMT

    SPOKANE, Wash. - On October 23rd, shortly after 2:00 p.m., the Spokane Police Department was notified of a body found on the east side of the river by the walking bridge at the Bowl and Pitcher in Riverside State Park.  It was determined the person was deceased.

    >>

    SPOKANE, Wash. - On October 23rd, shortly after 2:00 p.m., the Spokane Police Department was notified of a body found on the east side of the river by the walking bridge at the Bowl and Pitcher in Riverside State Park.  It was determined the person was deceased.

    >>
  • Michigan teens charged with murder in highway rock incident

    Michigan teens charged with murder in highway rock incident

    Monday, October 23 2017 6:34 PM EDT2017-10-23 22:34:37 GMT

    FLINT, Mich. (AP) - Five teenagers have been charged with second-degree murder in the death of a Michigan man who was killed by a rock that smashed through the windshield of a vehicle in which he was riding. Genesee County Prosecutor David Leyton says the teens are 15 to 17 years old and are being charged as adults.

    >>

    FLINT, Mich. (AP) - Five teenagers have been charged with second-degree murder in the death of a Michigan man who was killed by a rock that smashed through the windshield of a vehicle in which he was riding. Genesee County Prosecutor David Leyton says the teens are 15 to 17 years old and are being charged as adults.

    >>
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