World and National News

After a meeting any green on Thursday, Asian stocks are back to fall on Friday after Beijing confirmed that he would continue his efforts of monetary easing and that the Chinese central bank ordered commercial banks in the country reduce their loans by the end of the year.

The meeting was marked by a very small volume of trade due to the closure the previous day on Wall Street for the holiday of Thanksgiving, which leads to a slight decline despite profit taking. "Thanksgiving was favorable to Japanese stocks, since adjustments of positions of the funds before closing their books for November coincided with Thanksgiving and the strengthening dollar on the yen," noted Kenichi Hirano of Tachibana Securities.

He added: "There are still foreign funds that close in December, so that impulse purchase is expected to continue until at least mid-December."

In markets very few assets, the Stock Exchange of Hong Kong lost 0.08% to 23,036.20 points and the Shanghai Stock Exchange was down 0.55% to 3205.65 points. As for values, property values and banks penalize the rating. Sung Hung Kai Properties was down 0.50% and China Construction Bank lost 0.30%.

In Tokyo, the Nikkei 225 Index closed down 0.40% to 10,039.56 points, reflecting profit taking investors after soaring nearly 10% since the beginning of the month, due to the lure foreign for Japanese stocks .. On the whole week, the Japanese index appears very slight increase of 0.17%.The consumer prices, excluding perishables, fell 0.6% year on year in October, their twentieth consecutive monthly decline.

On the currency markets, the yen regained ground against the dollar (+0.20% to 83.83 yen to the dollar), but retreated against the euro (+0.15% to 111.60 yen one euro).

In other areas of the region, the trend is almost identical, with two exceptions: the Singapore Stock Exchange gained 0.05% to 3160.66 points and the Stock Exchange Sydney ahead of 0.11%. In contrast, Taiwan 0.45% to 8312.15 loose points, Seoul dropped 1.49% to 4010.92 points and the Bombay Stock Exchange to yield 1.08% 19,109.30 points.

Blame it on the crisis. The volume of sales of existing homes in Ile-de-France, up 23% in the third quarter 2010 (52,600 transactions), has caught up with the best years. With 182,400 units sold a year, we are indeed approaching 185,000 sales on average in the years 1999 to 2007.

Meanwhile, prices continued their upward trend to reach a new record. In the former, prices rose an average of 10.6% yoy in Ile-de-France. In Paris, they have gone through the roof to reach 7,030 euros per square meter. An increase of 5.10% in three months and 13.80% year on year.

"One would think that the economic climate, social, financial, that are not yet fully stabilized could weigh on sales. As it is not realistic.In contrast, in this context, this confirms the confidence in property investment both for the house or whatever as an investment to rent, "says Christian Lefebvre, President of the Chamber of Notaries of Paris-Ile- France quick cash advances. He said the volatility in stock markets, fears of states, fears for retirement, population growth push households to seek safety by investing in stone.

Appaisemment desirable

Over 60% of tenants also want to become homeowners. A wish all the stronger in the Ile-de-France that the number of owner is less than the rest of France. "Tenants pay, in addition, extremely high rents and seek to benefit from historically low interest rates to offset rising prices Corélie," Lefebvre said Christian in a video.The predicted demise of assistive devices for the acquisition (deductibility of loan interest, property pass …), is an added incentive for potential purchasers.

Despite a median price (much more expensive than housing in cheaper accommodation) per square meter reaching 5,000 euros in all the boroughs, which is a first, the Chamber of Notaries has no plans to reverse the trend in future months. Prices should therefore continue their upward trend until the end of the year. Over a year, rising even reach 15% in Paris … and without impacting the level of sales should remain strong thanks to interest rates american cash advances. "In the long term, the question of purchasing power of households remain whole, however, emphasizes Christian Lefebvre, who recalls that the Paris is already a considerable financial effort to afford housing.He said the rise in interest rates announced by some economists for the second quarter could allow regulation. "A calming is desirable to leave the market open to the greatest number," he says.

ALSO READ:

"The comment of the President of the Chamber of Notaries of Paris-Ile-de-France