Buy now or wait? Canadians see no easy answer in housing market
A new RBC poll finds most Canadians believe there is no perfect time to buy, as economic uncertainty, affordability pressures and rate expectations complicate purchase decisions.
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Nscale Secures $900M For Data Center Expansion
Artificial intelligence infrastructure firm Nscale has closed a $900M line of credit intended to accelerate the construction of its global data center portfolio. The London-based AI cloud firm said Monday the capital infusion will provide liquidity to accelerate its data center build-out in the U.S., Europe and Asia. The credit facility is syndicated across a…
Brookfield JV Buys Site For 6,500-Unit Project In Boston Suburbs
The long-stalled redevelopment of a former naval air base 15 miles south of Boston is ready for takeoff. A joint venture of Brookfield Properties and New England Development paid $65M to acquire part of the 1,400-acre site of the former South Weymouth Naval Air Station, the companies announced Tuesday. Courtesy of New England Development The 1,400-acre South…
Emerging market funds are over-focused on East Asia
What exactly is an emerging market? You can debate all sorts of measures of economic development and levels of income as the cut-off point, but as far as the financial world is concerned, what matters most is whether the stock market is part of the MSCI Emerging Markets (EM) index or not. The AI boom…
Modest Pressure, Light Data
From summertime Monday to summertime Tuesday… Yesterday’s modest strength is now erased by today’s modest weakness. In both cases, the movement is too small to worry about obvious catalysts, though some may assume that there’s an oil price component following Iran’s attacks on commercial ships in The Strait. A separate consideration would be Amazon filing…
GTA home sales rise in June as price recovery looms
The GTA logged its third straight month of year-over-year sales gains as inventory tightens
