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	<title>Stock Blog Hub &#187; Apartment Investment &amp; Managem</title>
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		<title>(EQR) Consumer Prices Up Slightly</title>
		<link>http://www.stockbloghub.com/2009/09/16/eqr-cpi-consumer-prices-up-slightly/15367</link>
		<comments>http://www.stockbloghub.com/2009/09/16/eqr-cpi-consumer-prices-up-slightly/15367#comments</comments>
		<pubDate>Wed, 16 Sep 2009 22:15:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property Management]]></category>
		<category><![CDATA[AIV]]></category>
		<category><![CDATA[Apartment Investment & Managem]]></category>
		<category><![CDATA[EQR]]></category>
		<category><![CDATA[Equity Residential]]></category>

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		<description><![CDATA[The Consumer Price Index [CPI] rose 0.4% in August on a headline basis, a tick higher than consensus expectations of 0.3%. If food and energy are stripped out, prices rose 0.1%, in line with expectations. On a headline basis this follows an unchanged reading in July and a 0.7% increase in June. On a core basis it follows increases of 0.1% and 0.2% in July and June, respectively. The rise in the headline number was almost entirely a function of a 9.1% increase in gasoline prices. Food prices rose in line with the rest of the consumer shopping basket, up 0.1%. On a year-over-year basis it is a different picture, with core prices up 1.5%, while on a headline basis the CPI is down 1.4%. Once again, the key difference is energy prices. ]]></description>
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		<title>(AIV) Apartment Investment and Management Company Continues to Sell Assets</title>
		<link>http://www.stockbloghub.com/2009/09/01/aiv-apartment-investment-and-management-company-continues-to-sell-assets/14083</link>
		<comments>http://www.stockbloghub.com/2009/09/01/aiv-apartment-investment-and-management-company-continues-to-sell-assets/14083#comments</comments>
		<pubDate>Tue, 01 Sep 2009 21:48:17 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[REIT - Residential]]></category>
		<category><![CDATA[AIV]]></category>
		<category><![CDATA[Apartment Investment & Managem]]></category>

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		<description><![CDATA[Aimco Properties LP, a division of Apartment Investment and Management Co. (AIV), recently sold its Palencia Apartment Homes asset in Tampa for $23.3 million. This is the second multifamily sale in the region in 2009. The real estate investment trust plans to sell seven more multifamily units in the region by the end of this year. Aimco bought Palencia Apartment Homes for $14.9 million in 1997. The property covers 70 acres of land and generates an average rent of $766, or 99 cents per square foot. Earlier this year, AIV sold its Doral Oaks Apartment for $10.7 million, or $42,460 per unit, which was nearly twice its original purchase price. The 252-unit complex was sold to GMC Properties, a subsidiary of GMC Mortgages &#38; Financial Services, a leading financial services ]]></description>
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		<title>(EQR) House Prices Actually Appear to be RISING</title>
		<link>http://www.stockbloghub.com/2009/08/25/eqr-house-prices-actually-appear-to-be-rising/13346</link>
		<comments>http://www.stockbloghub.com/2009/08/25/eqr-house-prices-actually-appear-to-be-rising/13346#comments</comments>
		<pubDate>Tue, 25 Aug 2009 21:01:54 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[REIT - Residential]]></category>
		<category><![CDATA[AIV]]></category>
		<category><![CDATA[Apartment Investment & Managem]]></category>
		<category><![CDATA[EQR]]></category>
		<category><![CDATA[Equity Residential]]></category>
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		<description><![CDATA[The Case-Schiller composite index of housing prices in 20 major metropolitan areas rose 0.7% on a seasonally adjusted basis in June, following an essentially unchanged reading in May. The not-seasonally-adjusted numbers were even better (and what most of the press coverage were initially focused on). However, there is a distinct seasonal pattern to housing prices, so it is better to focus on the seasonally adjusted numbers. The increase in prices was widespread, with 15 of the 20 areas seeing an increase &#8212; better than expected, and extremely good news. In May, nine of the 20 cities were up. The news is still tentative, with much of the good news coming from a reduction in supply as banks have been letting the foreclosure pipeline build, and an increase in demand from the first-time ]]></description>
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