China’s Housing Market Continues To Soar
We’ve pretty much built all the Home Depots we need to build. There will always be a few. The economy in the U.S.
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Bernanke, Fed say no taper. Will housing bounce?
Berson notes, are more difficult to guess, because this housing recovery is unlike any that have come before. Usually housing, because its so rate-sensitive, it tends to recover first, he says. The pickup in existing homes has previously been followed closely by new construction and jobs, but this time, housing starts havent picked up that much.
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maryland property management llc The government seems unable to stop it. Property prices rose again in August by an average of 7.5%, the National Bureau ofStatistics said Wednesday . In their 70-city survey, a total of66 cities recorded price increases last month compared with 62 in July when average prices rose by 6.7%. Augusts price increase is the highest spike since December 2010. The rise of property prices is due to subtle policy changes in the sectorsince the new leaders took office in March, said Nomura Securities economist Zhiwei Zhang in Hong Kong. The government seems to have toleratedhigher property prices and has not rolled out new tightening measures as promised.
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