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Shanghai and Beijing property to fall  CLSA's head of property predicts residential price declines of 25% to 30% over two years.via


RHG to move back some mortgage bonds (AAP via Yahoo!7 News)  Home loan provider RHG Ltd plans to move back the call date on some of its outstanding residential mortgage-backed bonds.read more...


Consumers Keep Stiff Upper Lip  New reports show that if the current contractions in housing and consumer spending remain gradual, the economy should stay healthy How are consumers--and homebuyers--holding up amid the current financial-market ...read


Warning bells on mortgages   Retirement Commissioner Diana Crossan has warned homeowners to beware of taking out mortgages that may soon be unaffordable because of rising interest rates.read more...


Morgan Stanley Says Earnings May Falter  Philip J. Purcell defended his strategy for integrating the retail and institutional divisions of Morgan Stanley yesterday, but warned that his firm faced deteriorating market conditions that could put a


Affordable home-buying  Jacqui Hall is living proof that low- and moderate-income New Yorkers can break out of renting and into home ownership without going broke.via

October 19th, 2006

Dow closes above 12,000 milestone

The Dow Jones industrial average closed above the 12,000 mark for the first time on Thursday, but looking ahead, the stock market’s performance in the coming year will largely hinge on how gracefully the …
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