Welcome to Friday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help get you through to the weekend:
As of July 1, homebuyers will need to have a higher credit score to qualify for default insurance, Canada Mortgage & Housing Corp. said Thursday in Ottawa.
When Australia announced plans to restart its economy after the coronavirus shutdown, authorities worried Sydney would be flooded with cars as socially distancing commuters returned to work.
The head of real estate at Norway’s $1 trillion sovereign wealth fund, the world’s biggest, says he expects office space to stay in demand, even though the Covid-19 crisis will leave its mark.
A $740 million jury verdict against Amrock Inc. was thrown out by a Texas appeals court that said tech firm HouseCanary Inc. failed to prove the big title insurer stole its trade secrets to build a competing real estate analysis tool.
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