HONG KONG (Reuters) – Hong Kong’s private home prices hit a record high in May, according to government data released on Friday, just as Chinese President Xi Jinping praised the local government for “making progress” on its work on housing.
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Debt is a function and a fixture of any working economy. Governments borrow to fund spending on things like roads, hospitals, and schools, as well as to fund promises like tax cuts.
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President Donald Trump is reportedly considering a move that would likely ignite a major international trade conflict with some of the biggest economies in the world.
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Calgary’s resale housing market has seen healthy increases in MLS sales and prices during the first four weeks of June.
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Calgary resale housing market is in the early stages of recovering from its slump and this has translated into a modest firming of prices in the area, says the Housing Trends and Affordability report released today by RBC Economics.
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Here’s an interesting development and trend in the business mood across the country.
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Edmonton and Leduc County are expected to finalized an annexation deal Friday that includes a new framework for managing the Edmonton International Airport.
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The most ambitious megaproject Edmonton has ever seen is rising in the sky in our downtown, but it’s still no sure thing that Daryl Katz’s Ice District is going to be a crowd pleaser.
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Canadian producers reported seeding record areas of canola and soybeans in 2017, with the canola area exceeding wheat (all varieties combined) for the first time ever. Seeded acreage of corn for grain and oats also increased. Meanwhile, the areas seeded to all wheat, lentils and barley declined from 2016.
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Average weekly earnings of non-farm payroll employees were $971 in April, little changed from March. Compared with April 2016, earnings were up 2.0%, with most of the increase occurring in the last two months of 2016.
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