It turns out Albertans still like to spend.
Read more: https://tinyurl.com/yykrfmfx
Monthly Archives: June 2023
Would rental-rich Edmonton benefit from office conversions?
Office-to-residential conversions — a trend taking North America by storm — could be a solution here in Edmonton as it grapples with continuing high vacancy rates for office buildings downtown.
Read more: https://tinyurl.com/4h4r6e5c
Bank of Canada expected to raise interest rates one more time, capping at 5%
The Bank of Canada will raise borrowing costs by another 25 basis points in coming months before capping its tightening cycle, economists said.
Read more: https://tinyurl.com/mr3cbhkr
Office conversions could bring some relief for housing crunch
Calgary’s efforts to transform office buildings — struggling with high vacancy rates — into thriving residential rentals has garnered plenty of attention lately as an example of how to revitalize downtowns across North America after the pandemic. In the past few months, nearly half a dozen conversion projects have been launched in the city. As well, Calgary was recently lauded in an op-ed in the Washington Post for incentives facilitating conversions.
Read more: https://tinyurl.com/yckd6pyx
Surge of buyers speed up Canada’s housing market recovery: RBC report
Buyers flocking back to the resale market this spring have sped up the recovery in Canadian residential real estate, a new report suggests.
Read more: https://tinyurl.com/mwtnryba
Edmonton: Here’s what you need to know about how zoning changes may affect you
Big changes could be in store for neighbourhood residents as the city overhauls rules about what can be built and where.
Read more: https://tinyurl.com/2uuww67s
Exponential growth catapults Airdrie from bedroom community to thriving city
No matter where you look in Airdrie, earth is moving, carving the foundations for new communities and commercial and recreational spaces.
Read more: https://tinyurl.com/3acnzwzy
Highway 11 roundabout at Eckville not needed: Alberta Transportation
There are no plans to build a roundabout at what nearby residents say is a dangerous intersection near Eckville, said a Transportation and Economic Corridors official Thursday.
Read more: https://tinyurl.com/ykeythk3
Number of short-term rentals on the rise in Nelson
The demand for short-term rental licences continues to grow in Nelson six years after the city began regulating the local industry.
Read more: https://tinyurl.com/2myhmf3a
Buying an Investment Property With Friends? Ask These Questions First
The idea of buying a rental property is an appealing one to many Canadians. It is, after all, like starting your own business. Plus, if you invest, plan and execute properly, a rental property can lead to some nice returns in the long run. But with today’s market prices and interest rates, buying a rental on your own is tough. That’s why many Canadians are teaming with friends to make their investment property dreams a reality.
Read more: https://tinyurl.com/avvxta85