New data has revealed the financial impact of the lockdown on the nation’s housing market and identified the best and worst-performing regions.
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Monthly Archives: June 2020
I secretly hoped house prices would tank. Now I’m wracked with guilt
OPINION: As the saying goes, the best time to buy a house is five years ago. Or is that 10 years ago?
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The Long Road To Oil Demand Recovery
Fuel demand in the United States has been gradually increasing in recent weeks, clawing back over half of the consumption lost during the first couple of weeks of lockdowns. Gasoline demand has been rising since early April as lockdowns eased and people started driving more. Distillate fuel and jet fuel demand, however, is still struggling–especially jet fuel.
Read more: https://bit.ly/3eU2bk9
The average rent for an apartment in Toronto continues to fall
Average rent for listings in Toronto continue to drop after months of falling prices in response to the ongoing pandemic.
Read more: https://bit.ly/2BLZG4E
Relaunch business grants available for Cochrane area starting June 30
Starting June 30, eligible small and medium-sized businesses, co-ops and non-profits in the Cochrane area can begin to apply for funding to help open their doors.
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No Shortage Of Projects Happening In High River
Plenty of projects gearing up or on the go for the Town of High River heading into Canada Day.
Read more: https://bit.ly/2NIDRW5
When tenants break the lease early
There are a number of possible reasons that could arise that lead to a tenant wanting to terminate their lease agreement before it has run its course, however, is it possible for them to get out of a lease agreement without being in breach of the contract?
Read more: https://bit.ly/2Ab9Jjf
Despite Payment Protection Program loans, 14% of businesses still anticipate layoffs
Back when the COVID-19 crisis first hit, it became clear that relief would be needed to mitigate what was quickly becoming an overnight economic crisis that ultimately spurred a full-blown recession. Thankfully, the CARES Act was signed into law fairly quickly, and with it came relief measures like boosted weekly unemployment benefits, stimulus checks, and the Paycheck Protection Program (PPP), the purpose of which was to help small businesses retain staff by providing forgivable loans earmarked for payroll purposes.
Read more: https://bit.ly/2YGo2py
U.S Mortgage Rates Stay Flat as Geopolitics and COVID-19 Overshadow the Stats
Mortgage rates were flat in the week ending 25th June, following the previous week’s 1st decline in 3 weeks.
Read more: https://yhoo.it/31l9AoB
Azizi Developments sees Dubai property sector recovering in early 2021
Dubai property developer Azizi expects the emirate’s property market to rebound and recover early next year, as the company looks to raise $300 million (Dh1.1 billion) from a sukuk (bond) issue to finance its expansion.
Read more: https://bit.ly/2YDEK8M