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Monthly Archives: June 2023

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House sales up annually for first time in two years

Posted on June 22, 2023 by Joe

Housing market activity has turned a corner, with the number of sales around the country up 7.5% annually last month, one economist says.

Read more: https://tinyurl.com/27hufusz

Posted in Global

Newsable: renting versus buying, according to an economist

Posted on June 22, 2023 by Joe

Homeownership has had New Zealanders in a chokehold for decades, and there is a microscopic focus on whether we have reached the lowest point in the housing market slide.

Read more: https://tinyurl.com/3rtwyw8m

Posted in Global

Rising rents in Alberta bring new tension to discussions on solutions

Posted on June 21, 2023 by Joe

Alberta rents are on the rise, according to numbers released by the Canadian Rental Housing Index earlier this week.

Read more: https://tinyurl.com/58aczj5m

Posted in Alberta

The pandemic didn’t kill the office, it was already dying

Posted on June 21, 2023 by Joe

Many articles have been written about the death of the office building over the past few years. This week on Down to Business, Carl Gomez, chief economist and head of analytics at Costar, a commercial real estate data firm, discusses the past, present and future of the office.

Read more: https://tinyurl.com/yxy9w23b

Posted in Canada

Here’s what you need to know about Edmonton’s zoning bylaw overhaul

Posted on June 21, 2023 by Joe

It’s been decades since Edmonton has had a major overhaul of its zoning rules — but that’s about to change.

Read more: https://tinyurl.com/97nzwvzc

Posted in Edmonton (Alberta)

Red Deer’s proposed land annexation reaches Land and Property Rights Tribunal public hearing

Posted on June 21, 2023 by Joe

A public hearing was held on Tuesday by the provincial Land and Property Rights Tribunal for the City of Red Deer’s proposed land annexation from Red Deer County.

Read more: https://tinyurl.com/2s4huvd2

Posted in Red Deer (Alberta)

Rent in Regina expected to increase over $100 per month

Posted on June 21, 2023 by Joe

A national report from online rental platform Zumper, shows that Regina is seeing a 13.5 per cent increase in rent for one-bedroom units and a 19.5 per cent increase for two-bedroom units since last year.

Read more: https://tinyurl.com/27t5nwxp

Posted in Canada

Average rent for Boston apartment now over $3,000, report says

Posted on June 21, 2023 by Joe

The average rent for a Boston apartment is $3,047 as of June 1, according to Boston Pads. That’s up nearly 14 percent compared to one year ago.

Read more: https://tinyurl.com/zkbxr65y

Posted in United States

5 Tips To Enable Small Company CFOs To Better Manage Commercial Real Estate

Posted on June 21, 2023 by Joe

In 2001, I became a first-time CFO for ON Technology Corporation, a small public company. The company’s office space was approximately 25% utilized.

Read more: https://tinyurl.com/yx9fy3u6  

Posted in Global

U.S. Federal Reserve’s Powell: More rate hikes are likely this year to fight still-high inflation

Posted on June 21, 2023 by Joe

With inflation in the United States still excessive, most Federal Reserve officials expect to raise interest rates further this year, Chair Jerome Powell said in prepared testimony to be delivered to a House committee Wednesday.

Read more: https://tinyurl.com/4xa9f68t

Posted in Global, United States

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