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In this episode, the Canadian Real Estate Association (CREA) revises its 2024 housing market forecast. While home sales saw a slight uptick in June, CREA scaled back its annual growth predictions due to increased supply and limited rate cuts. Economists weigh in on the potential market movements for the rest of the year.
Also in this episode:
🟢 BlackRock hits a new milestone with $10.65 trillion in assets under management, thanks to rising client asset values and a surge in ETF investments.
📈 Trump Media & Technology Group's shares soar after an assassination attempt on former President Donald Trump, driving investor speculation and market volatility.
🛠️ Cleveland-Cliffs announces plans to acquire Canadian steelmaker Stelco Holdings for C$3.85 billion, aiming to boost profit and expand its operations.
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