Sales of new single-family homes fell 8.1% in February for the second month in row as weather and concerns about the economy kept homebuyers away from new subdivisions.The U.S. Census Bureau reported that new-home sales fell from a seasonally adjusted annual rate of 929,000 units in January to 857,000 units in February. National Association of Home Builders economist Michael Carliner said the weather was a significant factor in the dropoff of sales. He also noted that builders have indicated in NAHB surveys that demand for new homes "softened up" in February. "It probably reflects some uneasiness about the economy," Mr. Carliner said. He expects a rebound once the snow melts and the international situation settles down.
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