Yellen Says Fundamentals Still Point to Slowing Inflation
US Treasury Secretary Janet Yellen said she still sees underlying price pressures receding even as a tight housing supply has helped stall the downward path of inflation.
Latest Videos
The information you requested is not available at this time, please check back again soon.
US Treasury Secretary Janet Yellen said she still sees underlying price pressures receding even as a tight housing supply has helped stall the downward path of inflation.
About $52 billion, or 31%, of all office loans in commercial mortgage bonds were in trouble in March, according to KBRA Analytics.
Central Puerto SA, Argentina’s biggest power supplier, is in talks to invest in Canadian miner McEwen Copper Inc.’s Los Azules project, according to people familiar with the matter.
Real estate transactions registered in Hong Kong nearly doubled in April, hitting a three-year high, just months after the government took steps to revive the market.
It was a move that rattled the commercial mortgage-backed securities market: the firm brought in to wind down a deal tied to an ill-fated apartment venture held onto more than $160 million that bondholders were expecting to get back.
Feb 2, 2018
The Canadian Press
VANCOUVER - The Real Estate Board of Greater Vancouver says demand continues to be high for condominiums and townhomes in the region, but less so for detached properties.
The board says 1,818 homes sold in January -- up 19.4 per cent from the same time last year, but down 9.8 per cent from December 2017.
However, townhouse and condo sales were above the 10-year January average by 14.3 and 31.6 per cent respectively, while detached homes fell 24.8 per cent below it.
The board says the sales-to-active listings ratio last month, which looks at how many properties sold compared with those listed, was 57.2 per cent for condos, 32.8 per cent for townhouses and 11.6 per cent for detached properties.
A figure below 12 per cent for a sustained period suggests downward pressure on prices, while jumping above 20 per cent for several months indicates movement in the opposite direction.
The board says the composite benchmark price for all types of properties in the area was $1,056,500 in January -- up 16.6 per cent from the same month last year and 0.6 per cent higher than the previous month.