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Monthly Archives: February 2022

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Canberra’s real estate market readies itself for first Super Saturday of the year

Posted on February 25, 2022 by Joe

Canberra’s clearance rates will be put to the test on Saturday as the capital gears up for its first Super Saturday of the year, with a whopping 121 properties scheduled to go under the hammer across the city, according to Domain data.

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

Posted in Global

Study finds flooding lowers house prices, extends time on market

Posted on February 24, 2022 by Joe

A new study says flooding pushes down housing prices and reduces the number of homes for sale, while increasing the time it takes a home to sell.

Read more: https://bit.ly/3sgq5PD

Posted in Canada

Alberta budget 2022 forecasts rosy economic future using ‘credible but cautious’ energy projections

Posted on February 24, 2022 by Joe

Alberta’s budget is out of the red, forecasts a rosy economic future and promises big-bucks spending on hospitals, health care and programs to plug gaps in its burgeoning labour force.

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

Posted in Alberta

Bank of Canada March interest rate hike a done deal, economists say

Posted on February 24, 2022 by Joe

BENGALURU — The Bank of Canada will raise interest rates by 25 basis points on March 2, earlier than previously thought and ahead of the U.S. Federal Reserve, according to economists surveyed in a Reuters poll, which also showed expectations that rates will be higher by year-end than previously thought.

Read more: https://bit.ly/3t8uvYf

Posted in Canada

Varcoe: Balanced budget could stem the tide of credit rating downgrades crashing over Alberta

Posted on February 24, 2022 by Joe

What goes up must come down, but Alberta is about to find out if the reverse holds true.

Read more: https://bit.ly/3hhg6Dz

Posted in Alberta

Investors Look To Buy Homes In Calgary Market To Rent Out

Posted on February 24, 2022 by Joe

Calgary residential MLS sales set a record in 2021 and the pace of activity has not slowed with year-to-date sales soaring so far in 2022 – up 78 per cent from the same period a year ago.

Read more: https://bit.ly/35lH9L9

Posted in Calgary (Alberta)

City to move forward with integration of annexed land

Posted on February 24, 2022 by Joe

St. Albert will move forward on plans to integrate land recently annexed from Sturgeon County, city council voted on Tuesday.

Read more: https://bit.ly/36xcE5r

Posted in St. Albert (Alberta)

Renters feeling the squeeze

Posted on February 24, 2022 by Joe

A Kelowna woman who has lived in a lakefront apartment in the Mission for four-and-a-half years is feeling sticker-shock at the price of rent in the city.

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

Posted in Canada

NE residents warned of gas flaring on Friday at Unit 17 power plant

Posted on February 24, 2022 by Joe

The City of Medicine Hat is notifying residents of controlled intermittent gas flaring scheduled for Friday at the Unit 17 power generation station located west of Box Springs Road and 52nd Street NE.

Read more: https://bit.ly/3M0fh07

Posted in Medicine Hat (Alberta)

City approves a pair of sales on land parcels

Posted on February 24, 2022 by Joe

Two major land sales were approved by city council on Tuesday, including a parcel set aside for a new condo or apartment building in Ranchlands.

Read more: https://bit.ly/3t52vVl

Posted in Medicine Hat (Alberta)

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