TD/ Canada Trust Economic Highlights – April 8

HIGHLIGHTS OF THE WEEK – April 8 United States • Chair Yellen’s speech on Wednesday, while containing many of the recent ‘Fedspeak’ elements, struck a dovish tone, emphasizing global risks, policy asymmetry, and unease over low inflation expectations. Upside risks were mentioned but did not appear as burning concerns. • Global PMIs were broadly improved …
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TD/ Canada Trust Economic Highlights – March 28

HIGHLIGHTS OF THE WEEK – March 26 United States • A light data week globally resulted in relative calm in financial markets. Despite jawboning this week by Federal Reserve presidents, investors remain unconvinced that the Fed will raise rates at the pace revealed in last week’s FOMC economic projections. • The few data releases this …
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TD/ Canada Trust Economic Highlights – March 21

HIGHLIGHTS OF THE WEEK – March 21 United States A dovish Fed gave support to financial markets this week. While leaving rates unchanged, the Fed’s state­ment noted the downside risks to growth from global economic and financial developments. Just as important, the Fed’s dot projections moved the expected pace of rate hikes down significantly, with …
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TD/ Canada Trust Economic Highlights – March 17

HIGHLIGHTS OF THE WEEK – March 17 United States • Disappointing trade data from China briefly reignited concerns about global growth. Exports slumped by 25.4% y/y in February in U.S. dollar terms, marking the largest decline since May 2009. Imports also fared poorly, falling by a larger than expected 13.8% y/y. • Policymakers continued to …
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Adam Mills Team Real Estate Market Update – March 2016

March Newsletter Summary: February 2016 saw 911 homes sell in Ottawa, compared to 850 in February 2015. The average sale price in February 2016 for a home in Ottawa was $384,432 an increase of 1.2% over February 2015. Average days on market in Ottawa is 109 across all property types. Also Read About the Toronto …
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TD/ Canada Trust Economic Highlights – March 7

HIGHLIGHTS OF THE WEEK – March 7 United States • Stronger than expected data out of the U.S. supported this week’s risk-on bias in global financial markets. Nonfarm payrolls took center stage at the end of the week adding 242k jobs in February. • Expectation for further stimulus out of the Eurozone and China appeared …
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Referral Mortgages.com Article – March 2

First-Time Buyers Will Survive The New Rule The days of buying near-million-dollar homes with 5% down are officially over. The new minimum equity rules for purchases between $500,000 and $1 million began Monday. The regs now require 5% down on the first $500,000 and 10% down for the remaining portion. As before, purchases of $1 …
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