Shares of leading developers sag as demand for new houses starts to falter
New construction makes up 30% of market with current homeowners clinging to cheaper mortgages
Impressive results from sector leader suggest it is too early to call time
Demand for affordible housing is still high but supply is limited
Company lifts pre-tax profit margin guidance
Equities give up earlier gains as investors await monetary policy decisions
With property ownership at a 50-year low, rising sales mean millennials could get on the ladder
US equities near record levels, coming within one point of fresh peak
Texas-based grocer faces increasing competition from discounters
S&P 500 down 2.5% as it fails to hold on to a third day of gains
Broad market losses led by financials, industrials, materials and technology
Department stores reel after veteran group cuts profit forecast
Gap shares under pressure on the back of weaker than expected October sales
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