The Daily Chase: Toronto home prices drop from record high; Yellen walks back rate-hike remarks VIDEO SIGN OUT
It was a rare sighting for the countryâs largest housing market last month as property sales and prices fell amid signs that prospective buyers could be tapped out. Granted, the average price is still north of $1 million and not too far off from the record set in March. But when sales fall sequentially across all home categories, it forces a double-take. âWe may be starting to exhaust the pool of potential buyers within the existing GTA population,â according to the local real estate boardâs president.
• Monmouth Real Estate (NYSE:MNR) is likely to report earnings for its second quarter.
• EyePoint Pharmaceuticals (NASDAQ:EYPT) is likely to report quarterly loss at $0.46 per share on revenue of $7.93 million.
• Fortis (NYSE:FTS) is projected to report quarterly earnings at $0.75 per share on revenue of $2.50 billion.
• Madison Square Garden (NYSE:MSGS) is expected to report quarterly loss at $1.80 per share on revenue of $148.62 million.
• America First Multifamily (NASDAQ:ATAX) is projected to report quarterly earnings at $0.12 per share on revenue of $19.09 million.
• Ardmore Shipping (NYSE:ASC) is estimated to report quarterly loss at $0.31 per share on revenue of $24.86 million.
Biden broadband plan is bold, but economic payoff is unclear latimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from latimes.com Daily Mail and Mail on Sunday newspapers.
President Joe Biden is betting $100 billion he can deliver a lifeline to rural America, and a boost to the economy overall, by making high-speed internet available to all Americans.