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New home sales hit record low in January

Lori Ericsson of David Griffin & Co. posts an
JOHN F. RHODES/DMN
Lori Ericsson of David Griffin & Co. posts an "Open House" sign at a residence for sale on Homer Street in East Dallas.

The Commerce Department reported that new home sales dropped 11.2 percent to a seasonally adjusted annual sales pace of 309,000 units, the fewest in 50 years.
D-FW home prices rise for 2nd straight month
Freddie Mac loses $7.8B in fourth quarter
Bernanke: Record-low rates still needed
2009 D-FW home sales map


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Jobless claims rise due to weather-related factors
Many state agencies processed claims backlogs caused by snowstorms the previous week, and the severe weather also increased temporary layoffs in the weather-sensitive construction and transportation industries.

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