Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry 
Russian Stocks End Flat as MOEX Index Hits New 52-Week Low 
Wall Street Ends Mixed as Alphabet Slumps, Middle East Developments and Fed Outlook Weigh on Markets 
U.S.-Iran Diplomacy Helps Drive Gasoline Prices Down 15% From May Highs 
Oil Prices Drop as U.S.-Iran Talks Ease Supply Concerns 
Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 
Yen Near 40-Year Lows Despite BOJ Rate Hike, Markets Brace for Possible Intervention 
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery 
Japan, U.S. Discuss Yen Weakness as Currency Intervention Concerns Grow 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
Dollar Holds Firm as U.S.-Iran Talks Ease Tensions, GBP/USD Slips Amid UK Political Uncertainty 
Gold Prices Slide as Hawkish Fed and Strong Dollar Weigh on Bullion 
France Faces Long Road to Economic Rebalancing as Weak Demand and High Rates Weigh, Says Citi 
Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
Trump Says No Hormuz Strait Tolls During 60-Day Iran Ceasefire 
US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge 
New Zealand’s housing market showed signs of stability in February, with rising prices and increased buyer activity, according to the Real Estate Institute of New Zealand (REINZ). Seasonally adjusted median home prices edged up 1.7% from January, though they remained 0.6% lower year-over-year.
Home sales surged, climbing 12% from the previous month and 20.7% compared to February 2024, indicating a growing appetite among buyers. REINZ Acting CEO Rowan Dixon noted strong attendance at open homes and steady auction participation, signaling increasing confidence in the market.
“Sales have risen nationally year-on-year, and activity is picking up. These are encouraging signs of a positive and stable market,” Dixon said.
The rise in home sales is partly attributed to vendors setting more realistic prices that align with current market conditions. This pricing adjustment has helped drive demand, bringing more buyers into the market and increasing transaction volumes.
The data suggests a shift towards a more balanced housing market, with both buyers and sellers adjusting to evolving economic conditions. With growing stability and increased market activity, experts anticipate a more confident housing sector in the months ahead.
