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Russia's construction boom is likely to moderate

Location:

RUSSIA

The completion of residential housing units reached a post-Soviet record of 110 million square metres. This strong expansion in construction activity was demand-led, stimulated by…

US cities need to boost the stock of entry-level homes

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UNITED STATES

Homelessness has become a major political issue in recent years, as has related concern about a shortage of small, affordable homes. State and municipal efforts to tackle…

Australian foreign property rules are mainly political

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AUSTRALIA

The new rules, which include steeper taxes on foreign purchases of existing domestic properties, are part of a Labor strategy intended to free up more housing stock. The…

Australian housing bill could prompt early election

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AUSTRALIA

The legislation would establish the Housing Australia Future Fund, which is intended to mobilise long-time public investment in social and affordable housing as the national…

Canada's economy likely to be central electoral issue

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CANADA

The statement projects substantially higher deficits than previously forecast, together with slower reductions in debt. In terms of expenditure, the items on the Liberal…

French growth will be weak over the coming quarters

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FRANCE

France’s economy has performed better than its peers this year, due to weaker inflationary pressures and strong export performance in the second quarter. However, the latest…

Policy tightening could deepen inequalities in Turkey

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TURKEY

Inequalities have increased in recent years and the post-election tightening of fiscal and monetary policy threatens to exacerbate the problem. Children, Kurds, earthquake…

UK economy faces a shallow yet prolonged downturn

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UNITED KINGDOM

The IMF forecast assumes UK interest rates peak at 6.0% (from 5.25% currently), and linger at 4.0-4.25% through to 2028. The IMF’s forecasts are similar to those of the Bank of…

Taiwan’s president-elect faces a divided parliament

Location:

TAIWAN

Voters elect representatives from their geographic constituencies (73 seats) and vote separately for a political party, which then fields 34 legislators-at-large not tied to a…

Canada's carbon tax is under more political pressure

Location:

CANADA

The move, which is clearly targeted at Atlantic Canada where the Liberals need to buttress their support, has produced calls for more exemptions as well as triggering further…