Three Aspen-area home sales last week for a combined $99 million punctuated a trend this year where ultra-high-end properties are fetching premium prices in Pitkin County’s tight residential market.
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‘Metaverse’ Hype Fuels Booming Digital Property Market
Paris, France, Dec 5 – The idea of spending millions on non-existent land may sound ludicrous — but feverish predictions of a virtual reality future are pushing investors to bet big on digital real estate.
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How much does a section cost, anyway?
All eyes have been on escalating house prices in recent years, but land prices have climbed to new heights, too.
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Investors fuel Toronto real estate to new record-high prices
Toronto real estate prices went through the ceiling again in November as investors scoop up properties and continue to inflate the market.
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Hospital construction timeline unknown, but business case complete
The business case for Red Deer Regional Hospital (RDRH) expansion was recently completed, the Province confirms.
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Local unemployment ticks up slightly
The unemployment rate in rural southern Alberta rose slightly month to month in November, while maintaining strong gains over late autumn in 2020.
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Whitla Wind, now Alberta’s largest, online since Dec. 1
Capital Power’s Whitla Wind farm is now the largest operating in the province, the company announced at its investors day on Thursday, as a $257-million expansion built in the County of Forty Mile came online on Dec. 1.
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Hamilton home listings hit 10-month low in November
New home listings in Hamilton hit a 10-month low in November as potent demand and meagre supply kept sale prices sky high.
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Residential property demand on the rise
Residential property sales are on the rise, with Cyprus real estate stakeholders confident that an upward trend in demand and, consequently, prices recorded in 2021 will continue next year.
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Ottawa’s housing supply shortage creating ‘upward pressure’ on prices, OREB says
Ottawa’s real estate market remained brisk as the temperatures dropped in November, with prices increasing 19 per cent.
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