Retail sales in January increased 0.4 percent from December and 4.8 percent from last year. The data shows a rough correlation between home value appreciation and retail spending.
The price of residential properties in Hong Kong declined 3.8 percent since November, according to a report by the University of Hong Kong.
Shopping malls across the country are experiencing near-record vacancy rates, thanks a flagging retail market.
Home prices are recovering in some regions, fluctuating in others, and stuck in the basement in still others. How they are faring may yet be an important factor in the 2012 presidential election. Here's how home prices in metro areas in six swing states compare with those at the housing market's peak in 2006.
World banks are trying to solve the financial crisis the same way they caused it — by creating more debt.
With slowing summer/fall transactions has come a notable decline of prices, with the national index declining 1.8 percent since October and falling 7.11 percent below the level seen in November 2010.
In December, retail sales increased 0.1 percent from November and 6.5 percent on a year over year basis
Home prices in 20 US metros show continuing decline, down 3.6 percent from a year ago, according to S&P/Case Shiller index. Home prices fall in September in 15 of the 20 metro areas tracked by the index.