The latest Bloomberg Eurozone Retail Purchasing Managers’ Index (“PMI(R)”), based on a mid-month survey of economic conditions in the euro area retail sector, fell from 53.1 in May to 44.0 in June. The PMI provides data one month ahead of government issued figures and the steep drop to well below the 50.0 no-change level indicated [...]
Data on bank lending in Singapore is due out on Monday 30th. This should confirm that the pace of lending growth has continued to slacken as a result of greater uncertainty regarding the broader economic outlook. Rising inflationary pressures are forcing the authorities to adopt a stronger Singapore dollar (its main monetary policy tool) at [...]
Sales of existing-home sales increased in May with buyers responding to lower home prices, according to the National Association of Realtors(R). Existing-home sales — including single-family, townhomes, condominiums and co-ops — increased 2.0 percent to a seasonally adjusted annual rate(1) of 4.99 million units in May from a level of 4.89 million in April, but [...]
Expands Search by More Than 4 Million More Homes, Increasing Redfin’s Reach by Almost 40% to 16 Million Homes Online real estate broker Redfin Corporation today launched its real estate e-commerce service for the Chicago area, its eighth market overall and first new market in 2008. Redfin’s brokerage, headquartered in Schaumburg, Ill., now serves Cook [...]