Franklin County residents may be getting some sticker shock soon when they see their 2023 home appraisal values.
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Monthly Archives: June 2023
Controversial rule around rent bidding ditched by Minns government
The Minns government has backflipped on a controversial decision on rent bidding that advocacy organisation said would worsen the housing crisis.
Read more: https://tinyurl.com/muu9yvkj
City exploring measures to calm traffic in various neighbourhoods
Traffic calming measures will be installed downtown, on the Southeast Hill and Ranchlands over the next year in hopes of reducing speeding in residential areas or improve pedestrian safety.
Read more: https://tinyurl.com/whprejtt
House price falls over, but don’t expect a new boom
The days of plummeting house prices might be coming to an end, but that does not mean the market is set to boom, BNZ’s chief economist says.
Read more: https://tinyurl.com/3d2wkz2p
‘Transformation’ planned for downtown Calgary’s Olympic Plaza
Planning for a transformation of Calgary’s historic Olympic Plaza is underway, with the city and partner organizations hoping a full revitalization of the area will bring more life to the city’s downtown core.
Read more: https://tinyurl.com/npewsk57
New mortgage originations in Canada dipped in first quarter: report
Equifax Canada says credit demand was high in the first quarter of the year while the mortgage market saw a significant slowdown.
Read more: https://tinyurl.com/2m8sdsdp
Rent across Canada climbs to 20 per cent above pandemic lows: report
Across Canada, the average price of rent climbed back up after pandemic lows, with the monthly rate new tenants face now 20 per cent higher than it was two years ago, according to just-released rental data.
Read more: https://tinyurl.com/mw7ajkkw
Posthaste: More borrowers struggle as IMF warns Canada at highest risk of mortgage defaults
Canada runs the highest risk of mortgage defaults among advanced economies, the International Monetary Fund warns, while other reports show Canadians are increasingly struggling with debt.
Read more: https://tinyurl.com/atubscf3
With few available apartments and higher rents, Red Deer’s rental market enters a tight new era
Many Red Deerians are paying 25 per cent more rent than last year — and finding little choice of accommodation as the local vacancy rate plunges to near zero, compared to 6 per cent in 2021.
Read more: https://tinyurl.com/sbw3z8w2
Credit card balances increase in first quarter as mortgage market slows: Equifax
Equifax Canada says credit demand was high in the first quarter of the year while the mortgage market saw a significant slowdown.
Read more: https://tinyurl.com/2p84awu8