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From Arizona. "Metropolitan Phoenix's new-home market continued its slowdown in June. Demand from buyers continued to wane and builders pulled fewer housing permits again last month, down 26 percent from last year's record pace, according to RL Brown. Some people who signed contracts to buy new houses are canceling deals because they can't sell their existing houses."

The Hartford Courant. "June is normally a robust month for home buying in Greater Hartford, but not this year: Sales of single-family homes took a 16.5 percent dive, and the median sales price barely budged, compared with a year ago."

"'It's a significant number, and June is usually a pretty good month,' said Ronald F. Van Winkle, a West Hartford economist. 'But there isn't anything that says to us the market is in a downward spiral, by any means.'"

The Reporter in California. "Inventory levels in Solano County rose 56 percent, year-over-year, according to a second quarter report. Sales for the county experienced a 29 percent decline over the same period last year."

"'Sellers have been surprised to see the lack of traffic coming by their homes and we're starting to see the value in making price reductions in order to stand out on the market,' said (realtor) Scott Kucirek. 'Buyers are in no rush and were waiting to get the right deal, however, the properties in great condition or with sellers willing to make concessions spent significantly shorter time on market.'"