"Sales of previously owned homes, which make up most of the housing market, tumbled 2.6 percent in June, nearly double the decline that economists had expected, according to a report Thursday by a private trade group.
The report from the group, the National Association of Realtors, reinforced fears that the weak job market and scarcity of credit was discouraging Americans from purchasing homes. Those who may be in the market for a house may find it more difficult to take out a mortgage." - Chris White via Bookmarklet
