DAVID ROSENBERG: A number of warnings signs are bubbling up in the US economy

So now we have the Atlanta Fed slicing its Q2 real GDP growth estimate down to a 2.4% annual rate. Macroeconomic Advisers, usually quite a bulled-up bunch, is down to 2.3%. The New York Fed is at 1.9% for Q2 and 1.8% for Q3. It should probably be mentioned that ten weeks ago, the Atlanta Fed was sitting pretty at a 4.1% Q2 growth forecast.

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Canadian real estate investment reaches all-time high in U.S.: Report

Canadians looking for more affordable homes are increasingly looking south of the border for real estate investment, according to a new report. Foreign investment in U.S. real estate surged 49 per cent year-over-year for the 12-month period ending March 2017, according to new data released by the U.S.-based National Association of Realtors. Total foreign investment in U.S. residential property reached a new record high of US$153 billion, up US$51.4 billion from the previous 12-month period.

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If you’re renting a city apartment without a car, 16% of your rent pays for parking you don’t need

A whole generation of young workers are being priced out of renting (let alone, buying) in major cities. Parking deserves part of the blame, suggests a recent study. Since the 1940s, many US cities introduced minimum parking rules: for every new unit of housing, developers must also build a certain number of parking spaces. This has effectively tied housing prices to transport costs.

Read more: http://tinyurl.com/y7xsr5ee