Economic Indicators

Toronto home sales and prices up from last July, down from June

Average cost of a detached home in the market rose 4.8% year over year to top $1.4 million

By Tara Deschamps, The Canadian Press |August 3, 2023

3 min read

Bank of England hints that U.K. borrowing rates will stay high after latest hike

Quarter-percentage point increase, to 5.25%, was the central bank's 14th hike in a row

By Pan Pylas, The Associated Press |August 3, 2023

3 min read

Fitch downgrades U.S. credit rating, citing mounting debt and political divisions

New rating, AA+, is still considered well into investment grade

By James Langton |August 2, 2023

2 min read

U.S., European earnings revisions tilt upward

Analyst sentiment turns rosier for S&P 500 companies, Refinitiv reports

By James Langton |August 2, 2023

1 min read