Category: Default

Fed hikes interest rates 75 basis points

The U.S. Federal Reserve raised interest rates Wednesday by 75 basis points for the fourth straight meeting while hinting at a potential slower pace in the future β€” and then Fed Chair Jerome Powell reiterated the central bank’s commitment to raise rates further in an attempt to tame multi-decade highs in inflation. β€œIn determining the

Canadian Home Sales

Canadian Home Sales β€” June SUMMARY Sales activity edged down 0.2% (sa m/m) in June 2019 according to data released today by the Canadian Real Estate Association (CREA). The modest fall followed three consecutive sa m/m increases over 2%, and, combined with a 0.8% sa m/m rise in new listings, brought the sales-to-new listings ratio