What’s driving global real estate higher? It’s the money, stupid. That’s a concise summary of research from the Bank of International Settlements (BIS). Known as the central bank for central banks, the BIS warned risks to global home prices are forming. Their researchers argue the majority of gains made since 2020 are due to monetary […]
Dust off the disco ball and rolled up dollar bills, because the 1970s are back. At least the signs of 70s-style stagflation are forming, according to one of Canada’s Big Six banks. National Bank of Canada (NBC) chief economist Stéfane Marion warned clients of the rising risk of global stagflation. Rising oil prices, soaring food […]
The pandemic turned a global slowdown into a global downturn, and it’s just getting started. World Bank analysts have noted a rapid revision of economic indicators around the world. The organization is now forecasting a synchronized downturn, spread over 90% of economies. This would be the largest global recession in history, surpassing the previous record […]
The Economist has released their list of the world’s most expensive cities, and no Canadian city makes the list. Finally, some good news.
Paris just made the most aggressive move to fight real estate vacancies in the world, should other cities follow?
Top accounting firm PwC sees a few developing countries surpassing many of today’s advanced economies, here’s how they ranked.