Interest rates keep rising and Canadian housing prices keep falling, but Alberta and the rest of the Prairies are poised to outperform the nation as stormy market conditions continue to swirl in 2023.
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Monthly Archives: January 2023
Homeowners now better positioned to weather a downturn than a decade ago, report argues
Rising interest rates and inflation may be testing the finances of heavily indebted Canadian families, but a new RE/MAX Canada report suggests that homeowners are actually in a better position to withstand market instability than they were a decade ago.
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Downtown offices on the road to recovery despite headwinds
Calgary’s downtown office vacancy rate is continuing to show signs of recovery, according to Avison Young’s Q4 2022 market report.
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Calgary multisport fieldhouse discussions resurface at City Hall
Calgary’s future multisport fieldhouse is back in discussions at City Hall as the Foothills athletic park redevelopment assessment committee met Monday.
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Opinion: Let’s rethink Hawrelak Park plan
By now Edmontonians might have heard the news that the Hawrelak Park rehabilitation project proposes to cut down 220 trees. This comes as a surprise to everyone, as the tree-cutting plan was not included in the project’s environmental impact assessment (EIA) city council approved in spring 2022.
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City going public with growth strategy
Hatters will get their first glimpse next week at what might make up a promised remake of urban planning in the city in a so-called “Strong Towns Community Action Lab.”
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Rent prices burden Waltham community, drive out many residents
As Brandeis class sizes grow larger and larger, the housing lottery has become even more competitive, pushing many students off campus, and ultimately resulting in fierce real estate battles throughout Waltham. But the demand from Brandeis’ student body for off-campus housing in Waltham is causing real estate prices in Waltham to soar, and the cost of living has driven many who grew up in Waltham to search for housing in different communities. This especially poses a risk to renters — and in a city like Waltham, comprising 50% renters, it can be difficult to compete with rising property and rent values.
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Cleaning up a flood damaged property and claiming insurance: What you need to know
The wide-spread weather event that continues to affect the upper North Island has left thousands of properties damaged by floodwaters.
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How To Diversify A Property Portfolio As A UK Expat Or Foreign National Investor
Diversifying a property portfolio is an important practice for any UK expat or foreign national investor who owns a number of properties as it reduces the risk of the overall investment portfolio.
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Condo, HDB rents climb again in December; slight easing possible in 2023 as supply rises
SINGAPORE – Rents for Housing Board flats and condominium units continued to climb in December, ensuring that 2022 ended as a landlords’ market, though some analysts note that an upcoming increase in units in 2023 may slightly ease the pinch felt by tenants.
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