U.S. | EDGE Asset Management

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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March 25, 2012

by Oriah

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February, Home, Last, over, Sales, slightly, U.S., Year

Reuters – The estimated $ 7.8 billion deal struck by BP Plc with businesses and individuals suing over the massive 2010 Gulf of Mexico oil spill could speed up payments to thousands of claimants and offers lawyers a potential windfall in legal fees. Yahoo! News: Business News

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March 04, 2012

by Oriah

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$7.8, billion, BP's, Deal, payments, Reuters, speed, spill, U.S.

Based on the latest U.S. Department of Commerce construction data, U.S. construction spending during January 2012 was estimated at a seasonally adjusted annual rate of $ 827.0 billion, 0.1 percent (±1.1%) below the revised December estimate of $ 827.6 billion. The January figure is 7.

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March 01, 2012

by Oriah

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$827, Annual, billion, Construction, January, Rate, Spend, U.S.

Lawrence Yun According to the National Association of Realtors (NAR), pending home sales in the U.S. are on an upward trend, which has been uneven but meaningful since reaching a cyclical low last April, and are well above a year ago. NAR’s Pending Home Sales Index, a forward-lo

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February 28, 2012

by Oriah

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Home, Index, January, Pending, Sales, U.S., Upticks

Reuters – The United States did not openly call for a release of countries’ strategic oil reserves during Group of 20 meetings this weekend, Group of 20 sources said on Saturday. Yahoo! News: Business News

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February 26, 2012

by Oriah

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call, release, Reuters, sources, Strategic, U.S.

According to STR, the U.S. hotel industry in January reported increases in all three key performance metrics. Overall, the U.S. hotel industry’s occupancy rose 4.1 percent to 49.4 percent, its average daily rate was up 3.9 percent to US$ 100.74 and its revenue per available room

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February 23, 2012

by Oriah

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Hotel, Increases, January, Market, Performance, Reports, U.S.

According to STR, the U.S. hotel industry experienced increases in all three key performance metrics during the week ending February 11, 2012. In year-over-year comparisons for the week, occupancy was up 2.6 percent to 55.9 percent, average daily rate increased 3.8 percent to US$ 102.

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February 21, 2012

by Oriah

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early, February, Hotel, Market, Performing, U.S., Well

The Westfield Group has formed a $ 4.8 billion joint venture on 12 regional shopping malls in the United States with the Canada Pension Plan Investment Board (CPPIB.) The deal is the largest real estate investment made by the institutional investor, and a big bet on the future health

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February 19, 2012

by Oriah

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Bricks, Deal, Mall, Mortar, Raising, REITs, seen, U.S., Value, Westfield

During a press conference held last week at the National Association of Home Builders (NAHB) International Builders’ Show (IBS) in Orlando, Florida, panelists stated the apartment sector is a bright spot in the overall housing market leading the industry’s path to recovery

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February 14, 2012

by Oriah

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Apartment, Constraints, Credit, Enjoys, Industry, Limited, Recovery, still, Strong, U.S.

(ORLANDO, FL) — Based on panelists at a press conference held this week at the National Association of Home Builders (NAHB) International Builders’ Show (IBS) in Orlando, Florida, the residential remodeling market will continue to experience measured growth in 2012 after t

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February 12, 2012

by Oriah

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2012, expects, Growth, Industry, Measured, Remodeling, U.S.

123 4 5 6

New Home Sales in U.S. Slightly Dip in February, Yet Up 11% Over Last Year

BP’s $7.8 billion deal may speed payments for U.S. spill (Reuters)

U.S. Construction Annual Spend Rate at $827 Billion in January

U.S. Pending Home Sales Index Upticks 2% in January

U.S. did not call for strategic oil release: G20 sources (Reuters)

U.S. Hotel Market Reports Performance Increases in January

U.S. Hotel Market Performing Well in Early February

Big Bet On Bricks and Mortar: Westfield Deal Seen Raising Value of U.S. Mall REITs

Apartment Industry Enjoys Strong Recovery in U.S., Still Limited by Credit Constraints

U.S. Remodeling Industry Expects Measured Growth in 2012