U.S. Highlights The U.S. economy generated solid job growth in July with payrolls expanding by 157k (170k private). The unemployment rate edged down to 3.9% (from 4.0%) and the core (25-54) labor force participation rate moved higher. Tariff concerns were once again in the spotlight. While the U.S. and EU called a truce, the battle …
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U.S. Highlights U.S. economic growth topped 4% in Q2 for the first time since 2014. Consumer spending bounced back and resumed its leader status, but non-residential investment (+7.3%) and net exports also provided a helping hand. Residential investment remained a soft spot, falling 1.1% in the quarter. Housing data out this week added to the …
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U.S. Highlights Economic data was a mixed bag this week: retail sales were a bright spot, but housing starts unexpectedly plunged in June. Trade developments continued to make headlines, with Donald Trump announcing he was prepared to extend duties on $500bn of imports from China – roughly the value of all China’s imports into …
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TD/ Canada Trust Economic Highlights – July 4 U.S. Highlights U.S. trade tensions with China have temporarily subsided, however they have flared up elsewhere, as President Trump ordered a review of U.S. automotive imports. Trade tensions were also flagged as a key risk in the latest FOMC minutes. However, the Committee remained in agreement that …
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Below is a quick snapshot of the Ottawa Real Estate Market and a link to our full newsletter. July Newsletter Summary: June 2018 saw 2,070 homes sell in Ottawa, compared to 2,294 in June 2017, an decrease of 4.3%; The average sale price in June 2018 for a home in Ottawa was $449,200 an increase …
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Below is a quick snapshot of the Ottawa Real Estate Market and a link to our full newsletter. May Newsletter Summary: May 2018 saw 2,279 homes sell in Ottawa, compared to 2,294 in May 2017, an decrease of 0.7%; The average sale price in May 2018 for a home in Ottawa was $464,401 an increase …
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Generation fares better than national average when it comes to ownership A new study indicates taking a photograph of a sentimental item can make it easier to say goodbye to it. The road to home ownership for Canadian millennials has been bumpy since their budgets shrank by 16.5 per cent, or just over $40,000, following …
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TD/ Canada Trust Economic Highlights – May 22 Canadian Highlights It was another good week for Canadian equity investors. As of writing, the TSX looks to have finished the week comfortably above the 16,000 mark, up close to 1%, and at its highest level since January. Fixed income investors on the other hand, weren’t so …
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Canadian Highlights Crude oil prices hit a 3½ year high this week, with the WTI benchmark hitting US$71 per barrel. While expectations of a U.S. withdrawal from the Iran nuclear agreement have helped to bid up prices recently, the actual impact on the oil market is likely to be limited. Housing starts slowed to 214k …
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Canadian Highlights Economic data released this week was a mixed bag. On the plus side, GDP growth topped expectations in February. However, merchandise trade data for March confirmed that net trade is likely to be a drag on Q1 growth. Home sales in April dropped in Toronto, while bouncing higher in Vancouver, though quality adjusted …
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