Home Prices News
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Updated 2 hours, 5 minutes ago
The following companies may have unusual price changes in trading on March 5. Stock symbols are in parentheses, and share prices are as of the latest close. The information in each item was released after markets shut unless stated otherwise.
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Updated 18 minutes ago
Dan Kowalyshyn figures he owes about $200,000 more than what his four-bedroom house is worth today. It faces a cul-de-sac where three of the six homes have been lost to foreclosure since his $570,000 purchase in 2006.
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Mitt Romney is pressing to refocus the Republican presidential race on jobs and the economy in the sprint to potentially pivotal Super Tuesday contests next week, looking to blunt rival Rick Santorum’s bid to sow doubts about his record on social issues.
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JPMorgan Chase & Co.’s pipeline of clients from China seeking financing overseas has doubled from a year ago to a record, led by developers seeking funds, said the head of its China investment banking business.
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China will stem any new property easing by local governments as the central authority is determined to maintain curbs on housing, Shanghai Securities News reported today.
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Chinese stocks traded in the U.S. rose, led by Seaspan Corp., after data showing that manufacturing expanded for a third month bolstered the outlook for the world’s second-largest economy.
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The east London borough hosting the 2012 Olympic Games had the city’s biggest decline in home prices even after the government spent billions of pounds on projects aimed at revitalizing the capital’s poorest area.
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Consumer spending in the U.S. rose less than forecast in January after little change the previous month, showing a lack of improvement in the biggest part of the economy.
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Emerging-market stocks fell from a seven-month high on concern China will refrain from further steps to ease monetary policy, curbing appetite for commodities and emerging-market assets.
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China’s February home prices posted the biggest decline in 19 months as the government pledged to maintain curbs on property, according to SouFun Holdings Ltd., the nation’s biggest real-estate website owner.
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