Opening Bell: Measuring the impact of high oil
The Opening Bell is our daily snapshot of the stock markets, including a wrap up of the must-read business stories for the day. North American stocks were mixed at the open on Tuesday, just as economic...
View ArticleCanadian banks could benefit from weak U.S. home prices
The troubled U.S. housing market is a growing risk to lending activity and top line growth for U.S. banks, but it may have a silver lining for Canadian banks doing business south of the border, says...
View ArticleU.S. home prices drop into double-dip territory
NEW YORK – Single-family home prices dropped into double-dip territory in March as the housing market remained bogged down by inventory and weak demand, a closely watched survey said on Tuesday. The...
View ArticleU.S. home prices have fallen more than in Great Depression
U.S. home prices as measured by the Case-Shiller index have now fallen by more than they did during the Great Depression, according to Capital Economics. Paul Dales, senior U.S. Economist at Capital,...
View ArticleU.S. home prices dip
NEW YORK – U.S. single-family home prices dipped in June from May as the market continued to crawl along at depressed levels, a closely watched survey said Tuesday. The S&P/Case-Shiller composite...
View ArticleOpening Bell: U.S. markets retreat, but TSX positive
The Opening Bell is our daily snapshot of the stock markets, including a wrap up of the must-read business stories for the day. U.S. markets pulled back from Monday’s gains after news that housing...
View ArticleU.S. home prices unchanged in July
Andrew Barr/National Post WASHINGTON – U.S. single-family home prices were unchanged in July on a seasonally adjusted basis as the housing market showed little sign of stabilizing, a closely watched...
View ArticleU.S. home prices slide in October
WASHINGTON – U.S. single-family home prices fell more than expected in October, data showed Tuesday, raising doubts that recent signs of improvement in the housing market would be sustained. The...
View ArticleRenters transform U.S. housing market
By Margaret Chadbourn Brian Keith is busier than ever as the architecture firm he works for rushes to wrap up work on a 300-unit apartment complex in Dallas. The project is one of dozens the firm, JHP...
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