25Apr2012
www.marketwatch.com - By Anton Kreil
Could this be the summer that the U.S. housing market provides a once-in-a-decade buying opportunity?
Take a look at the SPDR S&P Home Builders ETF /quotes/zigman/477673/quotes/nls/xhb XHB +2.00% , which has been on a tear since breaking out of its low range in...
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25Apr2012
www.bloomberg.com - By John Gittelsohn and Prashant Gopal
The U.S. housing market is showing more signs of stabilization as price declines ease and home demand improves, spurring several economists to call a bottom to the worst real estate collapse since the 1930s.
“The crash is over,” Mark Zandi, chief economist for Moo...
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17Feb2012
CNBC - Marc Faber
The housing market in the south of the United States is among the most attractive asset classes in the world, Marc Faber, the editor of the Gloom Boom & Doom Repo...
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31Jan2012
BRW - www.brw.com.au
Residential property investors have been rewarded for staying at home over the past decade. According to an Institute of Actuaries of Australia (IAA) report published in April, the local residential property market delivered real (after inflation) annual returns of 5.9 pe...
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23Jan2012
The Drum - ABC
Lost money on your super last year? If you did, you're not alone. Most Australians did.
The median Australian super fund lost 2.6 per cent in 2011, according to research by Chant West. The main culprits were Australian stocks, which make up the majority of the in...
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03Jan2012
Business Spectator
The United States' real estate market is increasingly attracting Australian property investors in search of bargains, with Australians investing as much as $1 billion in US properties, according to a report by the Australian Financial Review.
Besides individual i...
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20Nov2011
[US SMALL BUSINESS LENDING] One of the big problems for smaller firms during the credit contraction and since has been poor access to bank lending. In its latest "Economic Letter", the San Francisco Fed examines recent trends in small business lending, and finds...
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18Oct2011
Bloomberg Business Week
Oct. 18 (Bloomberg) -- Michael Steinhardt, the former hedge-fund manager who has spent at least $200 million on fine art, is using part of the collection to secure low-cost funding for his latest real estate venture.
Steinhardt and his wife, Judy, pledged 20 paint...
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04Aug2011
The Wall Street Journal
VALLEJO, Calif.—Agustin Gutierrez, a construction worker from this town in the hills northeast of San Francisco Bay, lost his job in 2009, then, 10 months later, he lost ownership of his home.
Now, the husband and father of four rents the same five-bedroom ranch f...
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09May2011
Business Day
The New Zealand dollar consolidated above US79c today and rose against a euro weakened by worries about European sovereign debt.
The New Zealand dollar was at US79.28c at 5pm from US79.10c at 8am and US78.62c at 5pm on Friday. It started rising early on Saturday,...
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27Apr2011
Sydney Morning Herald
The Australian dollar has surged through 108 US cents on its sustained push into record territory, with the Commonwealth Bank predicting it will hit 112 US cents by September.
Following the five-day Easter and Anzac Day weekend, the local unit...
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31Mar2011
Sydney Morning Herald
The Australian dollar has surged again, soaring to a record 103.48 US cents today as buyers snapped up the currency.
In late trade, the dollar had retreated slightly, but was still buying $US1.0334. Today's rally came after the release of a swag of data this mor...
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06Mar2011
heraldsun.com.au
THE Australian housing market has again been named the most over-valued in the developed world in a new study by finance bible The Economist.
In a move highlighting the increasing fragility of Australia's battling mortgage belt - already reeling f...
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23Feb2011
bloomberg.com
Sales of U.S. previously owned homes unexpectedly climbed in January to the highest level in eight months as investors used all-cash transactions to snap up distressed properties.
Purchases increased 2.7 percent to a 5.36 million annual rate, figures from the Nat...
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17Dec2010
Sydney Morning Herald
AUSTRALIA'S house prices are over-valued by 5 per cent to 10 per cent but any correction is ''likely to be orderly'' and the result of income and rent rises rather than a collapse in prices, says the International Monetary Fund.
Analysis of house prices by the I...
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12Nov2010
CNN-Money
Canada, once known mainly for its Mounties, maple leaves, and muscular peacekeeping presence, now can crow about how it managed to avoid the financial crisis that devastated many of the economies of the Western world. For instance, not one Canadian bank failed during the...
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28Jul2010
PropertyWire?
Soaring foreclosures in the US is boosting the rental property market at with demand for apartments also increasing due to an improving employment prospects for young people.
The number of occupied apartments increased by 215,000 in the 64 largest US markets in t...
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14Jun2010
The Unconventional Economist
In a previous post, Blowing Bubbles, I contended that Australia’s housing bubble has been caused, to a large extent, by investors piling into hous...
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28May2010
Population Reference Bureau
(May 2008) Baby boomers, many on the cusp of retirement, are moving out of densely populated states in favor of less populated areas, according to new data from the U.S. Census Bureau.
In 2007, there were approximately 78 million baby boomers—people born between...
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28May2010
The Unconventional Economist
I watched an interesting interview last week with Jim Chanos on the Chinese Property Bubble. Jim Chanos is an American hedge fund manager of Kynikos Associates, a New York investment company that is focussed on...
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