Ellington posts $54.4M Q2 profit, Longbridge originations jump 38%

By Sammy Hudes The real estate company now expects the aggregate price of a home in Canada to increase two per cent in the fourth quarter of 2026 to $823,344 compared with the same quarter last year — up from its previous forecast of a one per cent gain. Quebec City is expected to see…

Investors had an exciting April and May this year, when America’s S&P 500 stock market index rose 19.5%. But June was a quiet month, with the index losing 1%. The third quarter is likely to be similarly quiet as earnings catch up with the market, and the fourth quarter might be too. Market analyst Ed…

New York City’s Department of Buildings (DOB) has halted construction work at the third office-to-conversion project in Manhattan this month. The DOB issued a partial stop-work order at SL Green Realty’s $805 million conversion project at 750 Third Avenue in Midtown East, which is set to result in 680 residential units and potentially see 11…

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The US stock market plunged sharply overnight due to a strong rally in Brent crude, which crossed the 101 mark. Also, a spike in treasury yields and the dollar further dampened sentiments in equities. Amidst this, tech stocks emerged among top losers, with Alphabet and Tesla dropping steeply post quarterly earnings. Nvidia, Meta, Amazon, and…