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Asian Institutional Funds To Channel $240B Into Global Property Market By 2020

The global property market will enjoy a major boost by 2020 thanks to Asian institution investors, particularly those hailing from Hong Kong and mainland China. According to a survey by CBRE, Asia Pacific institutional investors are expected to shell out $240 billion. As a matter of fact, about $260 billion has already been allocated by regional investors into the global property market.

Mortgage Market Update: Job Openings Went Down, Retail Sales Increase, Jobless Claims Increase

US Labor Department reports that job openings went down by 2.7% in October, leading to a 5.38 million reading. The percentage figure is in comparison to September's results that lead to a 5.5 million job reading and the all time high results of July's reading which is 5.67 million. The October reading is actually the third highest since 2009 when the recession ended. Analysts report that the gap between the job skills applicants bring in and the job skills employers seeks for do affect the entire hiring process. However, the fewer job openings can also mean that the said gap is already closing.

Celebrity Homes: This Christmas Home from the Movie 'Miracle on 34th Street' is on the Market

emember that classic Christmas movie 'Miracle on 34th Street'? One of the most striking parts of the film was when a little girl wished for this lovely yellow home for Christmas. Who wouldn't want a lush green outdoor and a classy interior like the one being offered by this estate, now being sold for $3.4 million?