Asian Shares to Be Pressured, Chipmakers in Focus: Markets Wrap
Asian stocks are set to be under pressure from the open after US shares extended their losing streak to the longest since January.
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Asian stocks are set to be under pressure from the open after US shares extended their losing streak to the longest since January.
President Joe Biden called China “xenophobic” while highlighting the Asian nation’s economic woes, as he sought to make the case for US economic strength during a campaign stop in the swing state of Pennsylvania.
Freddie Mac is seeking regulatory approval to expand into guaranteeing second mortgages, a shift that would potentially drive down costs for Americans seeking to borrow against the equity in their home.
The US economy has “expanded slightly” since late February and firms reported greater difficulty in passing on higher costs, the Federal Reserve said in its Beige Book survey of regional business contacts.
The City of London approved a plan to build a new office block connected to the Grade 2 listed Barbican Centre on Wednesday, despite opposition from residents.
Feb 4, 2020
The Canadian Press
VANCOUVER -- Sales remained steady while fewer people put their homes on the real estate market in Metro Vancouver last month.
The Real Estate Board of Greater Vancouver reports residential home sales in January were 7.3 per cent below the 10-year average but still more than 42 per cent higher than sales during January 2019.
Board president Ashley Smith says 2020 began with fewer homes listed for sale than is typical for this time of year, but she says there was steady demand for the listings.
The spring market is usually more active and Smith says the board will be watching to see if home listings keep pace with demand.
Apartment sales jumped to 814 units last month, a 45.6 per cent increase compared with January last year, while the benchmark price slipped 1.5 per cent to $663,200.
The benchmark price for a detached home in Greater Vancouver also fell in January by 1.7 per cent to just over $1.43 million.