TSX climbs as U S markets closed on Martin Luther King Day
Canada’s main stock index edged higher to start the week with gains in telecom and energy shares. The S P/TSX composite rose 71.66 to 21 061.88 as U S markets were closed for King Day. Investors eye Q4 earnings and rate-cut timing.
MENTIONED IN THIS ARTICLE
Toronto
Canada
U.S
Martin Luther King Jr
John Zechner
J. Zechner Associates
Zechner
U.S. Federal Reserve
CREA raises 2024 home sales forecast higher prices anticipated
The Canadian Real Estate Association projects 489,661 homes sold in 2024, up 10.4 percent from 2023, with the national average price near 694,178 dollars. December sales rose 3.7 percent year over year, while experts caution about the timing and size of a rebound amid rates and market sentiment.
MENTIONED IN THIS ARTICLE
Canadian Real Estate Association
CREA
Bank of Canada
Association
Larry Cerqua
Shaun Cathcart
Ber
Cailey Heaps
Heaps Estrin Real Estate
Toronto
Royal LePage
Phil Soper
Canadian rental market sees 8.6 percent year rise in 2023
A Rentals.ca Urbanation report shows December 2023 average asking rent across Canada at 2178 dollars, up 8.6 percent year over year. One bedroom averages 1932 dollars, two bedrooms 2301 dollars. Alberta posts fastest growth at 15.6 percent, while British Columbia remains priciest at 2500 dollars. Vancouver 2700 dollars, Toronto 2521 dollars, both down month to month but up yearly.
MENTIONED IN THIS ARTICLE
Zechner
Canada
U.S
Germany
China
Bank of Canada
Fed
Rentals.ca
Urbanation
Vancouver
Toronto
West Coast
Ontario
Alberta
B.C
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TSX
E Credit
Goremotors.com
Sie R
Locme Nel Els
Thunder Bay
HONDA
ABA Dental Clinic
Abadental
Memorial Ave
Ottawa
the Canadian Press
Ine
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