The sale of the historic Government of Canada building in downtown Red Deer is anticipated to happen later this year.
Read more: https://bit.ly/2Ow81uT
Monthly Archives: July 2018
Alberta still scrambling to install free light bulbs and low-flow shower heads
More than 150,000 households signed up for free bulbs, shower heads and power bars, but some still waiting
Read more: https://bit.ly/2OulPq7
Pending home sales fall versus a year ago
CNBC’s Diana Olick reports on the latest pending home sales data, which ticked up 0.9 percent in June compared to May. It came in lower than June of last year, the sixth straight month of annual declines.
Video: https://cnb.cx/2NSh2gO
Council votes to ramp up suburban growth
City council has approved plans for more than a dozen new suburban communities on Calgary’s periphery, requiring a bump in property taxes in the next four-year budget to help cover the costs of growth.
Read more: https://bit.ly/2LHRVRu
Govt. going after persons failing to pay property tax
The government is going after persons who owe real property tax arrears, according to Minister of Finance Peter Turnquest.
Read more: https://bit.ly/2LZ7ZKp
‘If you keep working, you will die’: London bankers in their 20s and 30s are having more heart attacks, doctors say
As a second-year analyst at a major European bank, Laura frequently worked until 4 a.m., suffered a cardiac event, and was hospitalized three times in two years. She said she was told by doctors “if you keep working, you will die.”
Read more: https://read.bi/2mUM7Fm
CHARTS: Why the cost of renting is a better measure of housing demand
If property prices are rising, it is commonly assumed we must be facing a shortage of supply relative to demand. So if we’re ever going to reduce housing affordability problems, we’re simply going to have to build our way out of it. After all, as anyone who’s sat in an introductory economics class would tell you, basic economics is sufficient to at least suggest that if prices are rising in the long term, then supply must be lagging behind demand.
Read more: https://bit.ly/2OqoqBn
Renting versus buying: Advantages of buying at a six-year lowc
Summer can be prime time for house hunting, but buyers in two big U.S. cities would be better off renting.
Read more: https://cbsn.ws/2M1fv7M
It’s getting more affordable to rent a home in Australia
Australia was building more homes than ever before in the first three months of the year, according to data released by the Australian Bureau of Statistics (ABS).
Read more: https://bit.ly/2vfuYdi
Will job growth top expectations again In the second half of the year?
The labor market seems to have defied gravity in the first half of 2018. Monthly job growth averaged a robust 215,000, up from 182,000 last year, despite a low 4 percent unemployment rate that’s spelling more worker shortages. The July jobs report, out this week, could shed light on whether payroll gains will maintain that surprising pace or slow in the second half of this year. Also coming this week: reports on consumer confidence and spending, and manufacturing and service sector activity.
Read more: https://usat.ly/2K8uURJ