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Monthly Archives: June 2022

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Housing crisis: soaring rents continue in Quebec

Posted on June 27, 2022 by Joe

The price of rents in Quebec has jumped again, this time by 9% to reach an average of $1,300 per month, according to a recent study by the Regroupement des Comités Logements et Associations de Tenants du Québec (RCLALQ) released on Saturday.

Read more: https://bit.ly/3NjT8cl

Posted in Canada

Rents in the Greater Toronto Area – what’s happening?

Posted on June 27, 2022 by Joe

Average monthly rent rates across all property types in the Greater Toronto Area grew by 16.5% annually in May, rising from $1,998 last year to reach $2,327 last month.

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

Posted in Canada

Revealed: the five London postcodes where tenants spend the least on rent

Posted on June 27, 2022 by Joe

London tenants are being forced to fork out more of their income on rents than ever before, but a few cheap corners can still be found, according to new data

Read more: https://bit.ly/3A99dPq

Posted in Global

How many salaries does it take to own new property in Czechia?

Posted on June 27, 2022 by Joe

Owning their own home is the dream of the vast majority of Czechs, but only one-third hope to buy a new property. Prices are making people look to older properties instead.

Read more: https://bit.ly/3a1jGBz  

Posted in Global

Metaverse fractional ownership to form similarly to property loans: Casper exec

Posted on June 27, 2022 by Joe

As metaverse land assets become more expensive, ownership becomes harder for normal users. Because of this, Ralf Kubli, Board Member at the Casper Association, argues that fractional ownership, similar to property loans in the real world, may gain traction within the virtual space through nonfungible tokens (NFTs).

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

Posted in Global

Australians are spending almost half their income on mortgage repayments

Posted on June 27, 2022 by Joe

A recent cost of living survey conducted by online financial brokers Savvy has concluded more than one-quarter of Australians will suffer from mortgage stress in the wake of the Reserve Bank of Australia’s aggressive rate rise.

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

Posted in Global

EV charging might not remain free in Okotoks

Posted on June 27, 2022 by Joe

The popularity of new electric vehicle charging stations at the Arts & Learning Campus has the Town of Okotoks looking at expanding the network, but also potentially charging for the service.

Read more: https://bit.ly/3npYCaY  

Posted in Okotoks (Alberta)

Sell or stay put? Where more Victorians are trading places

Posted on June 27, 2022 by Joe

When John and Yuko Peavey bought their second home in Ferntree Gully a few months ago, the decision to upgrade was much quicker than expected.

Read more: https://bit.ly/3NoyZ4Q

Posted in Global

What happens when a property passes in at auction?

Posted on June 27, 2022 by Joe

More properties are passing in at auction, with buyers and sellers turning to post-auction negotiations to secure a sale. But experts say buyers should be prepared for potential traps.

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

Posted in Global

Sage Hill homeowners fight back after residents’ association’s legal threat over unpaid fees

Posted on June 26, 2022 by Joe

Homeowners in northwest Calgary’s Sage Hill community are organizing a petition with the intention of removing their residents’ association’s board members after the association threatened hundreds of residents with legal action over unpaid fees.

Read more: https://bit.ly/3ngFtZh  

Posted in Calgary (Alberta)

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