London has become a more affordable place to rent during the pandemic, according to research by London lettings and estate agent Benham and Reeves.
Read more: https://bit.ly/32SNuJy
Monthly Archives: April 2021
RMWB covering costs of raising Ptarmigan Court homes for owners rejecting buyouts
Council voted unanimously to cover costs of raising Ptarmigan Court homes if the owners do not want to take a buyout. The deadline for the program has also been extended from May 31 to June 30. Councillor Claris Voyageur was absent from the meeting.
Read more: https://bit.ly/2QBUJmP
North-West property boom driven by local buyers, says real estate agents
Whispers of mainland investors driving the Coast’s property prices through the roof in a matter of months have floated around the community, but the data says otherwise.
Read more: https://bit.ly/3e13waO
$10m project to convert central Lower Hutt office building into apartments
Unused office space in Lower Hutt’s lagging CBD is being used to fill a gap in the city’s desperately understocked housing market.
Read more: https://bit.ly/3nrPJwW
How Biden’s capital gains proposal may hit middle-class home sellers in red-hot markets
As home prices soar, some sellers in red-hot markets may face a costly surprise come tax time.
Read more: https://cnb.cx/32YSXyB
Realty crisis: 108K units remain unsold in Mumbai
The real estate sector continues to stagnate in Mumbai as a staggering 108,929 housing units remain unsold in the city.
Read more: https://bit.ly/2PwKaRo
Investors have no ‘moral obligation’, Property Investors Federation says
Private rental property owners do not have a moral obligation to provide houses to anyone, including vulnerable tenants, the New Zealand Property Investors Federation says.
Read more: https://bit.ly/3sX4UPQ
Amid hot housing market, stretched borrowers may be stretching the truth to get loans
The recent surge in home prices has a federal regulator reminding lenders to stay sharp, but it is also prompting concern that borrowers may be stretching themselves financially and, in some cases, stretching the truth when they apply for a mortgage.
Read more: https://bit.ly/2PtDDqD
S&P retains AAA rating on Canada despite historic deficits
S&P Global Ratings is standing by its AAA rating on Canada despite last week’s federal budget that included $101 billion in new spending measures over the next three years.
Read more: https://bit.ly/3vntv1Y
Strong economic rebound forecast for Calgary and Edmonton
After a tough 2020, both Calgary and Edmonton can look forward to economic growth this year, according to a report released Tuesday by the Conference Board of Canada.
Read more: https://bit.ly/3u0HlH2