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.
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.
The pickings are getting slimmer for homebuyers in Greenwich, Connecticut.
Germany’s top court struck down Berlin’s controversial five-year rent freeze and restrictions forcing landlords to reduce prices, saying the city lacked the power to impose the rules.
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