A new municipal development plan is coming before Okotoks residents in September.
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Monthly Archives: August 2020
Oman real estate market ‘under pressure’ over low oil, Covid-19: report
The impacts of the Covid-19 pandemic and lower oil prices will place both the residential and office space rental sectors in Oman’s capital Muscat under further pressure over the coming months, according to leading global real estate advisors Savills.
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China residential property sector a ‘slow growth market’ now, as sales and profits decline, Beijing steps up cooling measures
It is tough being a residential property developer in mainland China at the moment. Profits and sales have largely diminished, and only the government’s cooling measures seem to lie ahead for the 16 trillion yuan (US$2.3 trillion) housing market.
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Commercial property owners in Rockland see wide range of valuation hikes
ROCKLAND — Many commercial property owners in Rockland are seeing their valuations increase by more than the average residential hikes — which could shift some of the property tax burden from homeowners to business owners.
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UAE commercial property market to take a hit as office work is changing
With coronavirus cases still being reported and many offices continuing the work from home (WFH) policy , the commercial real estate sector in the UAE could face some pressure next year, an industry expert said.
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Do Aussie property values double every 7 years?
For Aussie property to double in value every seven years, values would need to grow on average by about 10% per annum. This has not happened over the past 40 years, as illustrated in the next chart:
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Canberra’s property prices quadrupled since 2000
Housing prices have quadrupled in just two decades, unit prices have tripled, and values could reach an average of over $3.8 million and $1.3 million respectively – These are some of the key insights from Allhomes’ research on Canberra’ property market over the past 20 years.
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Here’s why we are facing a third big shift up in house prices
OPINION: Every week, people ask where I think house prices are headed.
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Five things every business should consider before the Privacy Act 2020 comes into force
ANALYSIS: If you’ve been following the Privacy Commissioner’s announcements, you may know the Privacy Act 2020 has finally made its way through Parliament and will come into effect 1 December.
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Low oil prices, COVID-19 predicted to cause dip in migration to Alberta
The throes of a “deteriorating” economy and COVID-19 pandemic are expected to slow down migration to Alberta in the coming years before the numbers stabilize over time, according to Government of Alberta projections.
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