8.6 percent drop in home sales predicted

Sales of existing homes in 2007 are forecast to drop 8.6 percent from the previous year, a trade group for real estate agents said Tuesday.

http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/ap/20070911/ap_on_bi_ge/housing_forecast_realtors

Fed Chorus Out of Tune on Rates

Fed officials appear divided in assessing risks from the recent credit crunch and employment report, suggesting there may be some disagreement about whether or how much to cut rates.

http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/154625737/SB118943650388322613.html

Crombie REIT set to expand: analyst

Crombie Real Estate Investment Trust ( CRRu/TSX ) could grow by as much 70% over the next few years, according to one east coast analyst. Michael Mills, a Halifax-based analyst with Beacon Securities, believes that Crombie's relationship with Empire Co....(read more)

http://communities.canada.com/nationalpost/blogs/tradingdesk/archive/2007/09/11/crombie-reit-set-to-expand-analyst.aspx

Weak Jobs Data Boost Likelihood of Rate Cut

U.S. payrolls fell by 4,000 in August, the first employment drop in four years. The data suggest damage from the severe housing slump is beginning to ripple through the economy and makes it likely the Fed will cut rates. (Text of jobs report)

http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/153422914/SB118916737881920585.html

Countrywide to Cut up to 12,000 Jobs

Countrywide plans to reduce its work force by as many as 12,000 jobs, or 20%. The largest U.S. home-mortgage lender sees its loan originations in 2008 dropping 25%.

http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/153610942/SB118919813950820850.html