Sales of existing home dropped in May

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Source: Bloomberg
Sales of existing US homes declined in May indicating fluctuating trend in property market. Purchases of previously owned properties fell 1.5% to annual 4.55 million, National Association of Realtors said on Thursday. Economists questioned by Bloomberg predicted a yearly pace to diminish slower attaining 4.57 million. 
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Fri, 22 Jun 2012 06:38:06 GMT

Moody's downgraded 15 main banks

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Thu, 21 Jun 2012 18:53:33 GMT

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