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America has become a massive housing construction site

Posted by Sam Ro on Wednesday, October 27, 2021, In : Technical Analysis 


A version of this post was originally published on TKer.co.

There’s a housing boom going on in America as low mortgage rates, the accumulation of wealth, and the desire for more space has renters becoming buyers.

On Thursday, we learned that the pace of existing-home sales, or the sale of previously owned homes, jumped 7.0% from August to an annualized rate of 6.29 million units in September. While this number is down slightly from a year ago, it continues to hover at levels last seen during ...


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Web Retailer JD.com’s I.P.O. Shows a Hunger for China

Posted by MICHAEL J. DE LA MERCED on Thursday, May 22, 2014,
By MICHAEL J. DE LA MERCED 
A courier in Beijing for JD.com.
ReutersA courier in Beijing for JD.com.

The biggest test yet of American investors’ appetite for a Chinese Internet company has passed with flying colors — and it doesn’t involve the Alibaba Group, that country’s e-commerce giant.

Instead, JD.com, an online retailer aspiring to become China’s answer to Amazon.com, exceeded expectations for its initial public offering on Wednesday, raising $1.78 bil...


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