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The Daily Download

Monday, July 27, 202614 stories

🇨🇦 CANADA

Data Insights & Due Diligence

InfoTrack The login nobody asked for (and the workaround you already have)

InfoTrack has implemented a new login requirement that has generated discussion among conveyancers. The article discusses the change and provides workarounds for users affected by the update.

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Industry & Market Trends

Housing Market CMHC now sees home sales, prices declining in 2026 amid weaker market activity

Canada Mortgage and Housing Corporation (CMHC) has revised its forecasts predicting declines in home sales and prices in 2026. The report indicates weaker housing market activity is expected to continue, with further housing starts declines anticipated in 2027.

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Press Releases

D-Wave Systems AT&T Signs Agreement to Expand Use of D-Wave's Quantum Computing Technology Across Network Operations

AT&T has signed an agreement to expand its use of D-Wave's quantum computing technology across its network operations. The partnership demonstrates growing enterprise adoption of quantum computing solutions for operational efficiency.

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🇬🇧 UNITED KINGDOM

Data Insights & Due Diligence

Landmark Information Group Landmark launches Sales Pack Ready to provide upfront property information

Landmark Information Group has launched a new 'Sales Pack Ready' bundle designed to accelerate property transactions ahead of home buying and selling reforms. The product aims to provide upfront property information to streamline the conveyancing process.

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Industry & Market Trends

Bank of England Monetary Policy Bank of England expected to hold rates at 3.75% Thursday

The Bank of England is anticipated to maintain its base rate at 3.75% in its upcoming decision. Market expectations suggest the central bank will hold steady on monetary policy amid current economic conditions.

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Bank of England Rate Policy Bank of England to hold rates steady despite oil and gas price rebound

The Bank of England is expected to keep interest rates on hold despite recent increases in oil and gas prices, which could fuel inflation concerns. Multiple sources indicate the central bank will maintain its current stance as it assesses broader economic conditions and geopolitical risks.

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Central Bank Rate Decisions Week ahead: Fed, BoE and BoJ rate decisions as inflation risks rise

Major central banks including the Federal Reserve, Bank of England, and Bank of Japan are scheduled to make rate decisions this week as markets grapple with inflation concerns driven by rising energy prices. Investors are closely monitoring these policy decisions as they could have significant implications for global financial markets and currency valuations.

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HSF Kramer HSF Kramer Posts $2.4 Billion In Revenue After First Full Year Since Landmark Transatlantic Merger

HSF Kramer, formed from a major transatlantic merger, has reported $2.4 billion in revenue for its first full year of operations. This milestone demonstrates the combined entity's significant scale and market position in the global legal services sector.

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Law Firm Market Magic Circle law firms slow US hiring as talent war heats up

Top-tier Magic Circle law firms are reducing their US hiring pace as competition for talent intensifies in the legal market. The slowdown reflects broader challenges in recruiting and retaining skilled lawyers amid competitive pressure from other firms.

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🇦🇺 AUSTRALIA

Industry & Market Trends

Housing Transaction Volume 'Very nervous market': Expert flags ongoing auction clearance decline

Property market experts are expressing concern over a continued decline in auction clearance rates, signaling growing nervousness in the market. The trend reflects weakening demand and changing buyer sentiment amid economic uncertainty.

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Housing Transaction Volume One in three Melbourne homes selling at a discount

Approximately one-third of homes in Melbourne are being sold at a discount to asking prices, reflecting challenging market conditions. This trend indicates weakening buyer demand and increased negotiating power for purchasers in the Melbourne property market.

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M&A Market Trends A nasty surprise in deal-making data suggests a tough outlook

Recent deal-making data reveals unexpectedly challenging trends that suggest a difficult outlook ahead for M&A activity. The analysis highlights concerning signals about the broader transaction market environment.

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Mortgage Market Mortgage lodgements fall post rate hikes and budget

Mortgage lodgements have declined following recent rate hikes and budget announcements, signaling reduced borrowing activity. The decline reflects subdued consumer confidence and constrained demand for new lending in the residential mortgage market.

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RBA Monetary Policy RBA says its job is made harder by Aussies' 'fundamental' lack of understanding on inflation

The Reserve Bank of Australia has attributed challenges in its policy communications to a fundamental lack of public understanding about inflation. The RBA's concerns highlight communication gaps that may impact the effectiveness of monetary policy transmission to the broader economy.

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