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NEW YORK: The equity Americans have in their most important asset ? their homes ? has dropped to its lowest level since the end of World War II. Homeowners’ portion of equity slipped to 46.2 percent in the first quarter from a revised 47. Continue Reading…

China’s securities regulator on Thursday approved plans by China Construction Co. Limited, the country’s biggest real estate developer, for the second initial public offering (IPO) this year. Continue Reading…

a.m. NEW YORK (AP) - The equity Americans have in their most important asset their homes has dropped to its lowest level since the end of World War II. Homeowners’ portion of equity slipped to 46.2 percent in the first quarter from a revised 47. Continue Reading…