New home sales fell to the lowest record on level in February, as fierce snowstorms kept buyers on the sidelines. The Commerce Department said sales of new homes fell 2.2% to a seasonally adjusted annual sales pace of 308,000. It was the fourth straight monthly decline and the worst showing on records dating to 1963. January’s results were upwardly revised to a pace of 315,000. Sales tanked in regions of the country that were impacted by blizzards. In the Northeast, sales plunged 20% from a month earlier, while sales fell 18% in the Midwest and 5% in the South. Sales grew 21% in the West. On the bright side, the median sales price for a new home increased to $220,500, up more than 5% from a year earlier and up about 6% from January. Although housing sales were weak during the winter, analysts are hopeful that a tax credit for home buyers will boost sales before the deadline expires on April 30.