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Monthly Archives: October 2021

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Home prices in August hinted at possible cooling in the market, S&P Case-Shiller says

Posted on October 26, 2021 by Joe

There are signs that price growth could be cooling off in the otherwise red-hot housing market.

Read more: https://cnb.cx/30TGrm4

Posted in United States

New housing rules raise fears of ‘holus-bolus’ development in Hamilton

Posted on October 26, 2021 by Joe

A push for fast-growing cities to embrace townhouses and apartment living will see swathes of Hamilton opened up to infill housing.

Read more: https://bit.ly/3b9JPLK

Posted in Global

House rental yields fall as property prices soar across the country: Domain Rent Report

Posted on October 26, 2021 by Joe

Rental yields have dropped in most Australian capitals, new data shows, with booming house prices clipping rent profits and forcing investors to rethink where they will buy.

Read more: https://bit.ly/3pQlByH

Posted in Global

Oil Prices Will Remain High For Years To Come

Posted on October 25, 2021 by Joe

Six years after former BP chief executive Bob Dudley said that “the industry needs to prepare for lower for longer,” a growing number of major investment banks now expect “higher for longer” oil prices.

Read more: https://bit.ly/3Bd39Cl

Posted in Global

Calgary’s new 88th Street S.E. extension now complete

Posted on October 25, 2021 by Joe

The City of Calgary says the 88th Street S.E. extension between Stoney Trail and 196th Avenue S.E. will serve as a connector between future communities. (City of Calgary)

Map: https://bit.ly/3bdviP3

Posted in Calgary (Alberta)

WTI Crude Hits Highest Level In 7 Years

Posted on October 25, 2021 by Joe

WTI crude hit the psychologically important $85 per barrel mark earlier on Monday—the highest the U.S. crude benchmark has traded since October 2014.

Read more: https://bit.ly/3mb5E3M

Posted in Global

Coke Canada Bottling invests $11M into Calgary plant

Posted on October 25, 2021 by Joe

Coca-Cola Canada Bottling Ltd. plans to invest nearly $11 million into its Calgary manufacturing facility, the company announced Monday.

Read more: https://bit.ly/3CsXdGR

Posted in Calgary (Alberta)

Construction on downtown’s Kiyām Community Park now expected to finish in the summer

Posted on October 25, 2021 by Joe

The Kiyām Community Park in downtown Fort McMurray is not expected to open to the public until 2022, after a number of factors have caused a delay in the park’s construction. The municipality says the anticipated budget for the park remains unchanged at $5 million.

Read more: https://bit.ly/3ClWzec

Posted in Fort McMurray (Alberta)

Two-thirds of people say short-term rentals have negative impact on housing market

Posted on October 25, 2021 by Joe

Two-thirds of Irish people claim the main disadvantage of Airbnb-style accommodation is its negative impact on the price and availability of housing, according to the findings of a new EU-wide survey.

Read more: https://bit.ly/3E4PmQ2

Posted in Global

Billion-Dollar Real Estate Firm To Accept Crypto for Ownership Shares of Second Homes

Posted on October 25, 2021 by Joe

Pacaso, a real estate platform focused on second homes, is now supporting cryptocurrency payments.

Read more: https://bit.ly/30T9qXb

Posted in United States

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