BRIEF-Deutsche Grundstuecksauktionen

Deutsche Grundstuecksauktionen AG: * Overall, property sales of the entire group in Q1 down by about 14pct (previous year: 22.5 million euros ($25.66 million)). * In spring auctions 410 properties were auctioned with a value of about 19.4 million euros. * Q1 net brokerage charges fell by 2.7pct to 2.15 million euros Source text for Eikon: Further company protection: ($1 = 0.8769 euros) (Gdynia Newsroom).

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Moody's: China property sales

Moody's: China property sales momentum to moderate; Policy fine-tuning to continue Moody's Investors Service states that following a strong 22.5 % year-on-year rise in advancing nationwide contracted sales in China (Aa3 negative) for the 12 months to February 2016, development in nationwide home sales will likely narrow to 0 % -5 % for the rest of the year. "We anticipate further policy tightening in cities with strong sales growth, which integrated with the formerly announced procedures will likely constrain the growth of contracted sales and property prices in the next 6-12 months," states Kaven Tsang, a Moody's Vice President and Senior Credit Officer.

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Texas economy isn't really bulletproof;

Texas economy isn't really bulletproof; Fed leader alerts of 'cracks in the armor'. Increasing the number of residents eligible to work is vital in keeping Texas economy in growth mode and education plays a crucial role in that, Federal Reserve Bank of Dallas President Robert Steven Kaplan said Tuesday. Kaplan, speaking at an Austin Chamber of Commerce luncheon at the Hilton went to by 350 people, stated the problem is particularly common amongst Texas' Hispanic population and is among the few cracks in the armor of a state economy that has actually diversified since the 1980s.

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