Sales of U.S. Existing Homes Fall More Than Forecast

Sales of U.S. Existing Homes Fall More Than Forecast
Sales of U.S. previously owned homes slumped more than forecast in July and the number of unsold houses swelled, evidence the market is depressed by foreclosures and limited job growth.

Read more on BusinessWeek

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  4. British Banks Approve Fewer Mortgages Than Forecast in June on Confidence
  5. Buyers of foreclosed homes getting big discounts
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