Niesr Expects U.K. Growth on Housing, Consumers
Aug. 2 (Bloomberg) -- Jonathan Portes, director of the National Institute of Economic and Social Research, talks about the outlook for the U.K. economy, fiscal policy and banks. He speaks with Guy Johnson on Bloomberg Television's "The Pulse." (Source: Bloomberg)
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How Much Gold Would Buy You a Home in Toronto?
51:21 - Douglas Porter, chief economist at the Bank of Montreal, mined data showing that when expressed in terms of gold, house prices in Canada’s red-hot real estate market are far from record highs. An average home in Toronto today costs just over 540 ounces of gold, well below the record 655 ounces in 2005, Porter found. Bloomberg's Jeanette Rodrigues reports. (Source: Bloomberg)