Tag Archives: Update2


Housing Starts in U.S. Fell to 593,000 Pace in May (Update2)

Housing Starts in U.S. Fell to 593,000 Pace in May (Update2) Builders broke ground on fewer U.S. homes in May than anticipated after the expiration of a tax credit, indicating the real-estate market will struggle without government incentives. Read more on BusinessWeek
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Banks Face Short-Sale Fraud as Home ‘Flopping’ Rises (Update2)

Banks Face Short-Sale Fraud as Home ‘Flopping’ Rises (Update2) Two Connecticut real estate agents found a way to profit in the U.S. housing bust: Buy low, sell fast. Their tactic was also illegal. Read more on BusinessWeek
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Bollard Says N.Z. Could Raise Interest Rates in June (Update2)

Bollard Says N.Z. Could Raise Interest Rates in June (Update2) April 29 (Bloomberg) — New Zealand’s central bank said it could raise its benchmark interest rate from a record low as early as June as improving global demand buoys exports and underpins an economic recovery. Read more on Bloomberg
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