RBC says it expects Canada's housing market will see a significant pullback this year because of both the physical distancing restrictions and economic uncertainty caused by the coronavirus outbreak, but that it could rebound next year.
Retailers and landlords are locked in an awkward dance as April rent comes due.
Spain banned rental evictions for six months and ordered large landlords to cut rents for tenants impacted by the coronavirus outbreak, in the latest measure to keep the European Union’s fourth biggest economy from derailing due to the pandemic.
The U.S. government is being urged by more than 30 industry groups to establish a recovery fund for businesses hurt by the spread of the coronavirus, less than a week after the enactment of a $2 trillion stimulus package.
Home prices in 20 U.S. cities accelerated in January from a year earlier, marking the fifth straight annual gain and corroborating other recent data that showed a flurry of housing market activity prior to the coronavirus pandemic.
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