Sales of New U.S. Homes Unexpectedly Fall to 4-Month Low

Aug. 25 (Bloomberg) -- New-home sales in the U.S. fell unexpectedly in July for the second month as the housing recovery makes only fitful progress. Scarlet Fu reports on "Market Makers." (Source: Bloomberg)
Kaisa Defaults on U.S. Dollar Debt
48:01 - Shenzhen developer Kaisa has become the first real estate company in China to default on U.S. dollar debt. Bloomberg’s Christine Hah reports on “First Up.” (Source: Bloomberg)
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