Democratic and Republican House members are forming a bipartisan group to push for a repeal of the $10,000 cap on state and local tax deductions, demonstrating a broadening campaign to restore a valuable tax break.
The Canadian housing market hit a new record with more properties changing hands in March than any month in history, as sky-high prices lured more homeowners to try to cash in.
Mortgage rates in the U.S. fell for a second straight week, slipping to the lowest level in more than a month.
Confidence among U.S. homebuilders improved in April as strong demand helped offset concerns about rising material costs and supply chain issues.
In a report to clients Thursday, TD Senior Vice-President and Chief Economist Beata Caranci said that ultimately, rock-bottom interest rates are to blame and warned against any knee-jerk policy reaction.
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