US Property prices to fall further than forcast BLoomberg

[discostu]

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[A_Random_Walk]

2:30 pm : Stocks continue to hit fresh session lows, spearheaded this time around by a notable downturn in Financials (-0.8%). The rate-sensitive sector has spiked lower within the last 30 minutes after the Fed said U.S. banks dramatically tightened their standards for approving individual real-estate loans over the first three months of 2007.