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Property News

Location American Property News for 30 May 2017
CNBC's Aditi Roy reports that the sky-high cost of Silicon Valley real estate isn't just affecting the area's tech workers.
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Ben Graboske, Black Knight Financial Services, discusses the surge in value and demand for housing across the country.
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Home prices continue to climb

CNBC - 30 May 2017 20:01
CNBC's Diana Olick takes a look at the rise in home prices across the nation as average credit scores are at their highest level since 2005.
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Wall Street investors are bent on making money from Australians' fascination with property prices, N.Y. Times reports.
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The latest data released Tuesday shows that home prices continued their rise across the country over the past 12 months.
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Alex Leyland, Leyland Private Asset Management, says Australia's property price problem is a well-known one that's likely to be priced into markets already.
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Is Australian property overvalued?

CNBC - 30 May 2017 05:24
George Boubouras, Contango AM, weighs in on Altair AM's decision to sell its shares, and says most fund managers had already sold their overweight positions.
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More downside for Aussie markets?

CNBC - 30 May 2017 04:53
Shane Oliver, AMP Capital, says the impact of a slowdown in Australian real estate on markets means it makes sense to be overweight global shares.
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There could be an oversupply in some areas, but there's unlikely to be a big downward pressure on property prices, says Angie Zigomanis, Bis Oxford Economics.
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