The downward trajectory of house prices remained almost unchanged in May, according to Quotable Value (QV) data.
Read more: https://tinyurl.com/55cw42j9
Monthly Archives: June 2023
More rental units coming to East Village following latest groundbreaking
Officials gathered Monday as the latest groundbreaking ceremony was held for a new residential building in Calgary’s East Village.
Read more: https://tinyurl.com/3v6hpvft
Calgarians struggle with rising rental prices, but experts say rent control isn’t the solution
Many Calgarians are struggling as the rental market remains hot, driving up prices and tightening supply.
Read more: https://tinyurl.com/4kz3xx2t
Following public backlash, city council appears willing to abandon residential parking fees
After mounting public outrage, city council could be ready to reverse a plan to impose residential parking fees on mostly inner-city dwellers.
Read more: https://tinyurl.com/3t2es3x3
Goldman Sachs Slashes Year-End Oil Price Forecast To $86
Goldman Sachs has slashed its year-end oil price forecast to $86 per barrel Brent, down from a previous projection of $95, as it sees higher supply from sanctioned oil exporters offsetting the recent OPEC+ and Saudi cuts amid potentially underwhelming demand.
Read more: https://tinyurl.com/vfps62ak
Posthaste: Why the Bank of Canada will likely raise interest rates again — and maybe again
The Bank of Canada surprised markets by raising its benchmark interest rate last week, but is this a ‘one and done’?
Read more: https://tinyurl.com/2nvk47tc
Toronto rents just skyrocketed again and here’s how much you’ll need to spend
It will now cost you well north of $2,800 to rent an apartment in Toronto, and renters looking to move into a new home will have to fork over more than 15 per cent higher prices than this time last year.
Read more: https://tinyurl.com/3pff49fx
St. John’s homeowner whose house was used in rental scam warning others
A woman whose address has been used by scammers dozens of times is warning people who are looking for a place to live in the St. John’s area to be on the lookout for scams.
Read more: https://tinyurl.com/594kptfh
Thailand properties turn to Airbnb to drive international bookings
According to Airbnb data for 2022, Thailand was the top most visited country on the platform in South-east Asia for that year, while Bangkok ranks fifth on Airbnb’s list of top trending global travel spots in 2023.
Read more: https://tinyurl.com/5cvmac3v
Will the 14.4% Rally in Chinese Property Shares Continue?
China’s property sector will hold back the country’s growth in the years ahead, according to a new report from Goldman Sachs (GS) , and won’t be the economic driver that it has been in past recoveries. If true, the findings suggest China is entering a new period of expansion where growth (and likely share-price gains) are less-explosive.
Read more: https://tinyurl.com/mwvaxx9s