Tougher stress tests won’t chill housing market: Scotia
Housing market worries are a sign that stimulus needs reining in, report says
- By: James Langton
- May 21, 2021 May 21, 2021
- 12:17
Housing market worries are a sign that stimulus needs reining in, report says
Retail sales rose 3.6% to $57.6 billion in March as Covid-19 restrictions relaxed
Would-be homebuyers across the U.S. are facing perhaps the most competitive market in decades
Blank cheque companies have boomed this year despite a recent chill in deal activity
In its latest report, the central bank raised concerns about Canada's heated housing market
U.S. unemployment aid fell to a new pandemic low of 444,000 last week
Spike in market volatility and uncertainty sparked surge in risk management trading
The concerns were detailed in meeting minutes
Governments should provide targeted relief, the European Central Bank said
The increase wasn't a surprise given last year's drop in prices
Canada's vaccination rate is set to surpass that of the U.S., jump-starting growth
The 2021 budget proposed new measures and funding to deal with tax evasion
According to TD, 13% of house hunters are willing to offer $50,000–$100,000 over asking
The national average home price was a little under $696,000 in April
U.S. equities were the focus of $21.2 billion worth of foreign securities purchases in March
Manufacturing sales hit their highest level since June 2019
The question is whether consumers will continue to spend without stimulus checks
Interest in environmental and gender issues are driving growth in sustainable finance markets
The increase reflected a return to pre-pandemic levels after a year of record lows
The uneven impact of the pandemic on certain sectors, workers must be addressed, he said in a speech
An increase in FX and equity derivatives drove market value higher