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Brooklyn's Finest Neighborhoods Also Have Low Credit Scores

View of NYC from one of Brooklyn's least affordable neighborhoods, DUMBO. Brooklyn is the new Manhattan. In fact, I've heard of people in Brooklyn moving to Manhattan because rent is cheaper there....

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Statement of Alfred M. Pollard, General Counsel, FHFA, before the...

(Source: FHFA - Federal Housing Finance Agency) ​​​​Chairman Wagner, Chairman Petri, Members of the Committees, thank you for the opportunity to meet with you today to discuss a significant topic to...

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Dollar slips on poor US data

Disappointing data on US income and consumption growth in September helped push the dollar a bit lower Friday, as it bolstered the argument against a December Federal Reserve rate increase. The...

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European stocks sink heading into weekend

European stock markets fell Friday afternoon as many investors cashed in gains after a bumper month for equities and digested uninspiring company results, dealers said. So far this month, London has...

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Citycon Q3: Stable results with Sektor as part of Citycon (Citycon Oyj)

(Source: Citycon Oyj) THIRD QUARTER OF 2015 - Turnover increased to EUR 86.0 million (Q3/2014: EUR 61.4 million) mainly due to the acquisition of Norwegian shopping centre company Sektor Gruppen AS...

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U.K. Mortgage Approvals Unexpectedly Decline in September

U.K. mortgage approvals unexpectedly declined in September after rising to the highest since early 2014 the previous month. Approvals slipped to 68,874 from 70,664, the Bank of England said in London...

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Joan Burton ‘very confident’ over deal on regulating rent

Tánaiste Joan Burton has insisted she is confident a deal on regulating rent will be struck between Minister for Finance Michael Noonan and Minister for the Environment Alan Kelly. Asked if Mr Noonan...

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December lending rate rise, Fed hints

Traders work on the floor of the New York Stock Exchange after the Federal Reserve announcement. Photo by Reuters. The United States Federal Reserve yesterday hogged global headlines by making it clear...

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Consumer Price Index: Why is inflation so weak?

ANALYSIS Today's inflation numbers were so low, they took the market by surprise. They've also put more pressure on the Reserve Bank to cut interest rates when it meets next week on Melbourne Cup Day....

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CPI: Why is inflation so weak?

ANALYSIS Today's inflation numbers were so low, they took the market by surprise. They've also put more pressure on the Reserve Bank to cut interest rates when it meets next week on Melbourne Cup Day....

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Regional slant on the northern powerhouse

Helen Pidd reports that at the local government select committee on Monday Kieran Quinn, the Labour leader of Tameside council, praised George Osborne for being “very clever in as much as he has been...

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Website says 53.1% of renters in Rhode Island were cost-burdened in 2014

PROVIDENCE -- The share of cost-burdened renters in Rhode Island increased from 50 percent in 2007 to 53.1 percent in 2014, according to Apartment List, an online rental site based in San...

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Zambia's annual inflation hits double digit

LUSAKA, Oct. 29 (Xinhua) -- Zambia's year-on-year inflation rose sharply in October on account of sharp increases in prices of products, its statics agency said on Thursday. The inflation rate hit 14.3...

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Revenues for the first nine months of 2015 (Klépierre SA)

(Source: Klépierre SA) c4494dc5-58fa-47f6-9582-c640400a898c.pdf For immediate release REVENUES FOR THE FIRST NINE MONTHS OF 2015 Paris - October 29, 2015 Strong retailer sales performance in Klépierre...

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U.S. Consumer Spending Rose Less Than Forecast in September

Household spending rose less than forecast in September, showing the biggest part of the U.S. economy ended a strong quarter on a weak note. Purchases increased 0.1 percent, the smallest gain since...

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This move into the public sector could signal the end for housing associations

Colin Wiles...

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Hull: the city that gentrification forgot

For northerners, the London housing crisis confirms what we’ve always known: the capital’s property market would one day be its undoing. But how does life in England’s only officially ‘affordable city’...

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UBS report finds London and Hong Kong at high risk of property bubble

Hong Kong follows London as the cities most at risk of a property bubble, according to investment bank UBS. The two cities, among 15 studied, face the greatest risk of overvalued prices, according to...

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Home values, rents defy global slowdown

U.S. housing appears to be insulated so far from the cooling global economy. Facts Case-Shiller Home Prices Index 20-city home price index for the 12 months ending in August City Change Denver +10.7%...

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Weak US data clouds December rate hike possibility

WASHINGTON: US consumer spending in September recorded its smallest gain in eight months as personal income barely rose, suggesting some cooling in domestic demand after recent hefty increases. The...

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