London’s Prime Residential Rents Jump 9.7% Over Last Year

Robert Bartlett According to London-based Chesterton Humberts’ London Prime Residential Lettings Market Snapshot report, prime London residential lettings market has experienced a healthy start in Q1, 2012. Report highlights include: Q1 Prime London residential rents increased b
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U.S. Home Price Index Shows Year-Over-Year Increase of Just Over 1% in April, Second Increase in 2012

According to CoreLogic’s April Home Price Index (HPI) report, home prices nationwide, including distressed sales, increased on a year-over-year basis by 1.1 percent in April 2012 compared to April 2011. This was the second consecutive year-over-year increase this year, and the f
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Former E*TRADE Chief Takes Over as CEO of Freddie Mac

Freddie Mac appointed Donald H. Layton as CEO and a member of its board. The banking and financial services expert assumed the role on Monday, May 21. Layton, 62, replaced Charles E. “Ed” Haldeman Jr. who after two years as chief announced last fall his plan to step down t
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Fears over Greece’s political and financial crisis

NEW YORK (Reuters) – Stocks rose on Wednesday with traders citing comments from German Chancellor Angela Merkel about keeping Greece in the euro zone as encouraging for markets. The Dow Jones industrial average gained 46.93 points, or 0.37 percent, to 12,678.93. The Standard �
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Port of Los Angeles Makes Plans to Stay Top Ranked U.S. Port Over Next 5 Years

Port of Los Angeles & Long Beach The Los Angeles Harbor Commission this week unanimously adopted a five-year strategic plan for the Port of Los Angeles for 2012-2017. The plan focuses on three key result areas, or KRAs – competitive operations, strong relationships and finan
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New Home Sales in U.S. Slightly Dip in February, Yet Up 11% Over Last Year

David Crowe According to new data released today by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD), sales of new single-family houses in February 2012 were at a seasonally adjusted annual rate of 313,000. This is 1.6 percent (±23.9%) below the revised
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Beijing’s Office Rents Explode 41% Over Last Year

Beijing, China According to a new report by Jones Lang LaSalle, rent of Grade A office and warehouse property increased throughout the whole of 2011: Office – Continued strong demand and ongoing limited available space has significantly boosted rents. Retail – Strong deman
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Value of Miami’s Top 20 Luxury Residential Sales in 2011 Spike 24% Over Last Year

13 Star Island, Miami Florida According to Miami-based luxury real estate firm Zilbert Realty Group, Miami’s upper-end real estate market enjoyed a significant lift in 2011. Mark Zilbert, President of Zilbert Realty tells the World Property Channel, 2011’s 20 most-expensiv
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Wall St slides on doubts over euro zone deal, Intel (Reuters)

Reuters – Stocks fell on Monday on lingering concerns over a deal for economic integration in Europe and after Intel cut its revenue outlook. Yahoo! News: Business News
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Merkel, Sarkozy meet to tackle differences over euro crisis (Reuters)

Reuters – German Chancellor Angela Merkel will thrash out differences with French President Nicolas Sarkozy Sunday over how to use the euro zone’s financial firepower to counter a sovereign debt crisis threatening the global economy. Yahoo! News: Business News
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