Why do I have to prove who I am when I’m selling my house?

Posted on February 23, 2019 by Joe

Q: I am about to sign an agreement with a real estate agency to sell my home. The agent said I had to provide a huge amount of information about me and my family trust before I could sign the agreement and they would list my home. This isn’t my first time at the rodeo, as I’ve bought and sold before, but this is the first time this has ever happened to me. For example, I sold my mother’s home last year, and they hardly asked for any identification. Do they think I’m up to something or is this a new requirement?

Read more: https://bit.ly/2SSNNBw

Lower house prices from capital gains tax: REINZ

Posted on February 23, 2019 by Joe

A capital gains tax would lead to lower house prices as property investors flee the market to avoid getting stung with the new tax, New Zealand’s biggest real estate lobby group says.

Read more: https://bit.ly/2U4b8ga

Hicks on Biz: Edmonton — air-cargo gateway to Asia

Posted on February 22, 2019 by Joe

Two weeks ago this column told the story of how the Edmonton International Airport (EIA), in the late-’90s, overcame internal conflict (consolidating two airports into one) and the indifference, if not outright hostility, to its very existence from the airline industry itself.

Read more: https://bit.ly/2BP7RdA

Retail sales in Alberta grow for the second year in a row

Posted on February 22, 2019 by Joe

Retail sales in Alberta remained relatively flat in December compared to November at just under $6.8 billion, according to Statistics Canada.

Read more: https://bit.ly/2STpMdv

The Oil Price Rally Shows No Sign Of Stopping

Posted on February 22, 2019 by Joe

OPEC+ is taking massive amounts of oil off the market, allowing crude prices to post yet another week of gains.

Read more: https://bit.ly/2Ixh8wN

Calgary’s resale housing market still lagging

Posted on February 22, 2019 by Joe

Three weeks into February, Calgary’s residential resale market continues to struggle with a high level of listings of homes for sale and soft demand.

Read more: https://bit.ly/2VdfkKL

Notable Niche: Belgravia Square development utilizes geothermal technology

Posted on February 22, 2019 by Joe

John Clarke says Niche Developments’ original goal wasn’t to build eco-friendly condominiums and apartments, but the Edmonton-based company’s president says marrying prefabricated concrete and structural steel to geothermal heating is the future for large, sustainable buildings.

Read more: https://bit.ly/2tBx32s

Calgary’s housing market showing signs of improvement

Posted on February 22, 2019 by Joe

The tide could be turning in Calgary’s housing market. That’s one key takeaway from a recent report from Canada Mortgage and Housing Corp.

Read more: https://bit.ly/2BKF0qI

New organization aims to make Alberta global centre for ‘Internet of Things’

Posted on February 22, 2019 by Joe

A new organization aims to make Alberta a global centre of excellence for the Internet of Things, a phrase that refers to the millions of physical objects — from lightbulbs and home appliances to cars and industrial devices — that are now connected to the internet.

Read more: https://bit.ly/2tzQjgQ

Credit freezes are one easy way to protect against identity fraud — but they’re not available in Canada

Posted on February 22, 2019 by Joe

There’s no shortage of ways for thieves to steal your identity. From data breaches to phone scams seeking to collect your information to sell on the black market, it could happen to anyone.

Read more: https://bit.ly/2tyZVbS