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| | | ... is likely to grow to 25 per cent in 20 years as unaffordable city house prices prevented many younger people from buying homes. Damian Hill, chief executive of REST Industry Super, said home ownership rates among the under-35s may have fallen to as little ... |
| | | | ... buyers and builders." It quoted Craig James, CommSec's chief economist, expecting a "continuation of flat prices'' of new homes but forgot to include the recent weakness in retail spending as Australian consumers turn into savers. But read the last three ... |
| | | | ... edged down on Tuesday as two banks predicted oil prices will rise to $US130 a barrel and data showed the market for new homes remained weak. The Dow Jones Industrial Average lost 25.05 points (0.20 per cent) to settle at 12,356.21. The broader S&P 500-stock ... |
| | | | ... greenback remains on a downtrend. "Leading stocks looking ugly. From economic bellwethers such as Bank of America (BAC) and KB Homes (KBH) to highly profitable market-changers like Apple (AAPL) and OpenTable (OPEN), downward moves have been drastic. ... |
| | | | ... results before the market opened, slowing a parade of positive corporate reports. Clorox, Molson Coors Brewing Co, and Beazer Homes also slipped after announcing weaker earnings. That sent broad indices such as the Standard & Poor's 500 lower. The Russell ... |
| | | | ... of the year. AT&T was up 0.8 per cent at $26.74. The National Association of Realtors reported sales of previously owned homes, the dominant sector of the housing market, rose 3.7 per cent in March. The bond market weakened. The yield on the 10-year ... |
| | | | ... increase was driven by higher gas prices. The National Association of Realtors said more Americans signed contracts to buy homes in February than economists were expecting. Sales rose in every region but the Northeast, but remained below what is considered ... |
| | | | ... prospect of massive reconstruction efforts in Japan pushed some sectors higher, despite some poor US data on sales of new homes. The Dow Jones Industrial Average index rose 0.56 per cent, the broad-based S&P 500 index advanced 0.29 per cent and the Nasdaq ... |
| | | | ... points, or 0.54 per cent, to 2,698.30 points. The move came despite the Commerce Department reporting that sales of new US homes slumped to the lowest level since the 1960s, offering more evidence of a lingering real estate crisis. LONDON - European ... |
| | | | ... Europe where AREA has investments including a string of shopping centres in Poland, the Pascale Tower in Paris and nursing homes in Germany. Nick Basile, investment director at nabInvest said the markets had been short of investment funds, leaving an ... |
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