Naira Resumes Decline in Parallel Market After Days of StabilityOrban Confidant Resigns From Church Post Amid Abuse ScandalExxon’s Foray Into Lithium Plows Forward, Price Slump and All45 cents short, $96 in fees: Court approves TD insufficient fund fees settlementRussia Blinks on Banana Ban as Ecuador Swaps Weaponry With USETF Firm Hid Role of Barstool’s Dave Portnoy in Launch, SEC SaysGerman Direct Investment in China Rose To Record In 2023Fed’s Barr Says Regulators Are Eyeing Commercial Real...
1%The Daily Chase: Major oil dealWhat time is the Super Bowl? Not the right time for workersOpenAI, Amazon, Google Agree to Fight AI Abuse in 2024 ElectionsTrump Tells Allies He Backs 16-Week Abortion BanSenegal’s President Agrees to Hold Vote as Soon as PossiblePutin Critic Alexey Navalny Dies in Russian Jail, IFX ReportsThree West African Military-Led Nations Agree to Form a UnionPoland Readies a Pitch to Sway EU Over Blocked Billions in AidKagame to Attend Meeting Called by Angola on Congo...
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canadian Home Prices Continue to Decline, Expected to Stabilize in Second Half of the YearNew data shows that Canadian home prices ended the year on a downward trend and are expected to continue declining until late spring. Despite a less vigorous economy, there hasn't been a significant increase in supply in the real estate market. Interest rate cuts expected in Q2 should lead to market stabilization in the second half of the year.
Source: storeyspub - 🏆 16. / 74 Read more »
Canadian Real Estate Industry Revenues Plunge Due to Higher Interest RatesNew data from Statistics Canada shows that the real estate industry in Canada has experienced a significant decline in revenues due to higher interest rates. Between 2021 and 2022, operating revenue linked to real estate agents and brokers dropped by 21.8%. This decline can be attributed to the Bank of Canada's interest rate hikes, which have dampened existing home sales and affected the commercial real estate market. Despite the decline, industry revenues in 2021 were still 34.5% higher than pre-pandemic levels in 2019.
Source: storeyspub - 🏆 16. / 74 Read more »
New Home Sales in GTA Remain Sluggish in DecemberNew home sales in the Greater Toronto Area (GTA) ended the year on a slow note, with 554 homes sold in December, a 67% decline from November. Sales increased by only 0.5% compared to December 2022, but still remain 67% below the 10-year average. High interest rates have kept buyers and builders away, leading to a lack of confidence in the market.
Source: storeyspub - 🏆 16. / 74 Read more »
European Stocks Bounce After Worst Weekly Drop in Three MonthsEuropean stocks rebounded after experiencing their worst weekly decline in three months. The buy-side spending on equity trading and research has reached its lowest level in a decade. Saudi Arabia's wealth fund has joined the emerging market rush to tap into the bond market. The value of video site Rumble has increased by $400 million following a deal with Barstool. Gas station owner Sunoco is set to acquire NuStar Energy for $7.
Source: BNNBloomberg - 🏆 83. / 50 Read more »