ousing and Urban Development Secretary Shaun Donovan said in response to a reporter’s question about a possible tax credit renewal.

Donovan on Sunday fueled speculation the administration might push for an extension when he told CNN it was too early to make a decision about renewing the tax credit. Congress would have to approve any renewal.

Sales of previously owned U.S. homes took a record plunge in July to their slowest pace in 15 years, underlining the housing market’s struggle to find its footing without government aid.

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