Every week we share news stories, blog articles and other interesting stuff from around the web that received the most views, shares, comments and overall interest on various KeatsConnelly social media outlets.
This week’s articles begin with a piece on a recent theme, the falling Canadian dollar, then we offer two articles heavily focused on real estate trends in the United States and Canada.
Stocks tumble again, Canadian dollar plumbs five-year depths on oil price collapse (http://www.theglobeandmail.com/) – …Where Canada is concerned, the slump in oil prices is playing into both stocks and the fortunes of the Canadian dollar. The loonie, as Canada’s dollar coin is known, moved in a wide range today, as low as 87.83 cents U.S. and as high as 89.06 cents. By late in the day, it sat at 88.79 cents. This came as West Texas Intermediate, the U.S. oil benchmark, hit a low of just over $80 a barrel, though later rose. And the U.S. dollar, which has been on a roll, softened up somewhat after that retail sales report…
Housing still cheaper in popular U.S. snowbird states than 2006 peak levels, new report shows (http://www.financialpost.com/) – Housing prices in popular U.S. snowbird destinations are rising but are still below peak levels seen in 2006, says a new report. The outlook by BMO Financial Group says overall, housing prices in the U.S. have increased by 20% in the last two years, but are only about halfway to the peak levels seen eight years ago…
Canadian House Price Growth Slowing, Markets in ‘Goldilocks’ Zone: Royal LePage (http://www.huffingtonpost.ca/) – Good news for homebuyers: There are finally some signs that the astronomical climb in Canada’s average home price is starting to abate. The good news for home sellers? Prices are still growing at a steady pace, according to the most recent survey by one of the country’s biggest real estate firms. The Royal LePage House Price Survey found the average price for a piece of real estate rose between 4.4 per cent and 6.1 per cent year-over-year in the third quarter of 2014…
Come back next week for more interesting news and articles. Enjoy your weekend!
