Chinese Stocks, Yuan Primed for Gains on Return From Holidays
Chinese markets look poised for a positive open when traders return from a holiday, with Beijing’s supportive policy stance adding impetus to a budding bullish momentum.
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Chinese markets look poised for a positive open when traders return from a holiday, with Beijing’s supportive policy stance adding impetus to a budding bullish momentum.
One of China’s most indebted developers is facing two bond-payment deadlines this week that could provide the first major test for a state-sponsored program that guarantees debt from some of the country’s biggest builders.
Households go backwards in 13 developed economies as record immigration runs into a housing crisis.
Australia’s central bank will likely keep its key interest rate at a 12-year high and stick with it for much of the year to restrain inflationary pressures underpinned by a surprisingly tight job market.
Bond traders welcomed their first clear sign of a cooling US labor market, but it’s only a part of what’s needed to fire up the truly sweeping rally they’ve been hoping for all year.
Aug 11, 2017
BNN Bloomberg
Toronto’s housing market may have started to cool in recent months, but there are still plenty of expensive properties available for purchase.
Home sales across the Greater Toronto Area tumbled 40.4 per cent year-over-year in July, according to the Toronto Real Estate Board. The average selling price was $746,218 last month – almost 19 per cent below April’s peak of $920,791. But that’s still five per cent above year-ago levels.
Real estate portal Point2 Homes compiled a list of the priciest homes currently up for grabs in the GTA, using its own database in addition to information from other national portals.
“Toronto definitely has a lot to offer when it comes to high-end living. We wanted to dive into the hottest luxury real estate market in Canada today and see what extravagant housing is all about,“ Matthew Haines, vice president of Point2 Homes, said in a release.
For a look inside the city’s luxury market, here’s the list of Toronto’s most expensive homes up for sale:
1. 50 Yorkville Avenue - Penthouse
Price: $36,000,000
Features: 4 bedrooms, 9 bathrooms, wine cellar, library, home theater
2. 68 The Bridle Path
Price: $35,000,000
Features: 10 bedrooms, 14 bathrooms, tennis court with night lights, sauna, fitness center, elevator
3. 10 Highland Avenue
Price: $22,000,000
Features: 6 bedrooms, 11 bathrooms, inground pool, library, guest suite with full kitchen
4. 16 High Point Road
Price: $19,380,000
Features: 10 bedrooms, 13 bathrooms, ballroom, theatre
5. 61 The Bridle Path
Price: $17,880,000
Features: 6 bedrooms, 10 bathrooms, spa, formerly owned by Prince, 7-car garage, outdoor pool, beauty salon
6. 124 Park Road
Price: $17,700,000
Features: 5 bedrooms, 9 bathrooms, coach house with direct access to main house, was home to former Toronto Mayor George Geary from 1920s to 1950s
7. 46 Forest Hill Road
Price: $16,800,000
Features: 7 bedrooms, 10 bathrooms, games room, wine room, gym
8. 229 Dunvegan Road
Price: $16,000,000
Features: 5 bedrooms, 10 bathrooms, 5 fireplaces, 2 terraces, home theatre
9. 20 High Point Road
Price: $15,000,000
Features: 6 bedrooms, 10 bathrooms, 2 double garages, dance floor, party and games room, sauna, tennis court
10. 6 The Bridle Path
Price: $14,980,000
Features: 7 bedrooms, 10 bathrooms, outdoor entertaining areas, home theatre, rec room, wine cellar with tasting room, outdoor pool