Many property markets are tipped to fall in coming years after an extraordinary run-up in prices, but a handful of mineral-rich regions could buck that trend due to an emerging green energy boom.
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Monthly Archives: April 2022
City seeks creative uses for land designated as future LRT sites
A city plan to find temporary uses for future LRT sites could be expanded as council looks at investing more resources into creative ideas for the empty lots.
Read more: https://bit.ly/3vFNDy9
You’ll never guess which city has the answer to Canada’s housing crisis
In the slow motion overhaul of zoning rules that helped break Canada’s housing market, Edmonton is a beacon of what’s possible – and a warning of how long change can take.
Read more: https://tgam.ca/3v4DyeV
Proposed Alberta bill would make it easier for condo corporations to recoup damage costs from owners
The Alberta government hopes changing how condominium corporations can charge owners for property damage will better protect residents from escalating condo fees.
Read more: https://bit.ly/399fLlA
Poilievre defends investments in rental properties while campaigning to address housing affordability
OTTAWA – Even as he decries government policies for pushing up the cost of housing, Conservative leadership candidate Pierre Poilievre is defending investments he and his wife made in rental properties of the kind that some economists say contribute to rising real estate prices.
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Condo complex touted as key to downtown revitalization
Ground has broken on a new downtown condominium development overlooking the High Level bridge and Oldman River valley.
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Site work underway on new westside elementary school
Site work has started at the future home of a new west Lethbridge public elementary school.
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The Cost to Rent Rises While Rental Listings Fall in GTA
TORONTO, April 21, 2022 (GLOBE NEWSWIRE) — Tight rental market conditions continued in the first quarter of 2022, pushing average rents closer to the pre-pandemic peak. Rental transactions were down year-over-year in the first quarter, largely due to the fact that rental listings dropped by an even greater annual rate. The result was increased competition between renters and double-digit rent increases.
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UK property deals climb 20% in March despite cost of living crisis
The UK property market remained buoyant in March, with the number of transactions rising by 20% during the month, despite a cost of living squeeze.
Read more: https://yhoo.it/3EDkt6D
World watching NZ housing market as Auckland labelled ‘canary in coal mine’
International investors are increasingly watching New Zealand’s housing market for signs of trouble and as an indicator of things to come, with one Australian financial services firm labelling Auckland the “canary in the coal mine”.
Read more: https://bit.ly/37r3Xux