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Economy Watch: FHFA Home Price Index Sees Late Summer Uptick

Economy Watch: FHFA Home Price Index Sees Late Summer Uptick

U.S. house prices saw an unusually strong uptick in August compared with July, according to the Federal Housing Finance Agency monthly House Price Index.…

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Economy Watch: CPI Barely Moves in September

Economy Watch: CPI Barely Moves in September

Inflation is at a very low ebb in the United States these days. The Bureau of Labor Statistics reported on Wednesday that the Consumer Price Index for All Urban Consumers increased 0.1 percent in September compared with August.…

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Jonathan Rose Companies and TIAA-CREF Announce Preservation Fund

Jonathan Rose Companies and TIAA-CREF Announce Preservation Fund

TIAA-CREF and Jonathan Rose Companies have unveiled the Rose Affordable Housing Preservation Fund LLC—a $51.6 million fund seeded by the two organizations that will help with the acquisition and improvement of affordable and mixed-use housing in strategic major metros in the United States.…

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Economy Watch: Existing Home Sales See September Uptick

Economy Watch: Existing Home Sales See September Uptick

The National Association of Realtors reported on Tuesday that total U.S. existing-home sales, which are completed transactions that include single-family homes, townhomes, condos and co-ops, increased 2.4 percent in September to an annualized rate of 5.17 million units, compared with 5.05 million units in August. …

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TODAY’S DEALS: Veritas Urban Properties Lands $7.5M for San Diego Development

TODAY’S DEALS: Veritas Urban Properties Lands $7.5M for San Diego Development

HFF arranges $7.5 for a 36-unit development in San Diego; NorthMarq secures $23.2 million for a RADCO acquisition in Colorado; and Equicap arranged an $18 million condo construction loan in New York.…

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Economy Watch: GSEs to Ease Lending Standards

Economy Watch: GSEs to Ease Lending Standards

Though recovered from its worst days during the recession, it’s generally acknowledged that the U.S. housing market hasn’t recovered as much as it could have, especially compared with other post-recession periods. …

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Economy Watch: Housing Starts Bounce Back in September

Economy Watch: Housing Starts Bounce Back in September

Privately owned U.S. housing starts in September were at an annualized rate of 1.017 million units, according to the Census Bureau.…

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TODAY’S DEALS: Behringer Harvard Buys 2013-Built Dallas Apartments

TODAY’S DEALS: Behringer Harvard Buys 2013-Built Dallas Apartments

Behringer Harvard buys 435 units in Dallas; Charles Dunn Co. completes a $43.3 million sale; and BMC Capital arranges a five-year, floating-rate loan. …

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Nationwide Housing Starts Top 1 Million for Third Time this Year, Says NAHB

Nationwide Housing Starts Top 1 Million for Third Time this Year, Says NAHB

For the third time this year, nationwide housing starts surpassed the million-mark, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. …

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Economy Watch: Homebuilders Still Optimistic, But Less So

Economy Watch: Homebuilders Still Optimistic, But Less So

After four consecutive monthly gains, builder confidence in the market for newly built single-family homes fell five points to 54 on the National Association of Home Builders/Wells Fargo Housing Market Index.…

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Tallest Residential Building in Western Hemisphere Tops Out in Manhattan

Tallest Residential Building in Western Hemisphere Tops Out in Manhattan

CIM Group and Macklowe Properties have announced the topping out of the building located at 432 Park Avenue in Manhattan, between 57th and 56th streets. …

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Economy Watch: Consumers Rein in Spending in September

Economy Watch: Consumers Rein in Spending in September

The Census Bureau reported that U.S. retail sales came in at $442.7 billion in September, a drop of 0.3 percent compared with August. …

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