Development permit approved by Town of Sylvan Lake

Posted on June 13, 2023 by Joe

A development permit application for a detached dwelling with a secondary suite was approved by the Town of Sylvan Lake during the meeting on May 23.

Read more: https://tinyurl.com/3v4pbhyw

Vancouver rents are still going up, but not as fast: Rentals.ca

Posted on June 13, 2023 by Joe

A national rent report released on Monday shows Vancouver rents rose 9.7 per cent between May 2022 and May 2023.

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

Would you share a single room with 3 other people? Why student housing is in a crisis

Posted on June 13, 2023 by Joe

For the next year, this is what Alexandra Mussar will call home: a cramped bedroom with water damage and dysfunctional sinks, in a house shared with six other students. For this, she’s paying $840 every month.

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

Council being asked to provide free parking for tax payments

Posted on June 13, 2023 by Joe

Lethbridge residents have their tax bills and now a city councillor wants to make life a little less expensive when they pay them.

Read more: https://tinyurl.com/529rbtk8

How Long Will Bear Market Last for Commercial Real Estate Stocks?

Posted on June 13, 2023 by Joe

Investors are celebrating what some say is a new bull market for the broad US equities market, but the party remains on ice for commercial property shares.

Read more: https://tinyurl.com/3bn6ddcx

Brighton Block battle: Future of century-old building affected by litigation, forced sale

Posted on June 13, 2023 by Joe

Four years ago, a local developer was almost ready to reopen a century-old building on Edmonton’s Jasper Avenue. The Brighton Block had a storied history, panoramic views of the river valley and brand new Class A office space, but it would soon become mired in financial trouble and legal action.

Read more: https://tinyurl.com/36uxxbb9

Building permit values continue decrease in May

Posted on June 13, 2023 by Joe

Building permit values decreased in May, with 107 approved permits valued at $7.8 million, compared with 110 permits issued in May 2022 worth $35 million.

Read more: https://tinyurl.com/56zcxpmh

A desperate property developer in China said it would give a gold bar to anyone who buys a home it builds. Homebuyers say they’re still waiting.

Posted on June 13, 2023 by Joe

A Chinese property developer is offering free gold bars to homebuyers in a desperate bid to boost home sales in an ailing housing market. However, the campaign has since been suspended, with multiple buyers saying they’ve experienced monthslong waits for their promised gold.

Read more: https://tinyurl.com/33xrrmxr