Officials with the Calgary airport say a record number of passengers departed from the facility earlier this month.
Read more: https://tinyurl.com/299pjbbc
Monthly Archives: July 2023
Rural home to be demolished as part of Fowler Way development
The City of St. Albert is looking to have a rural property adjacent to St. Albert Trail demolished as part of the Fowler Way development process.
Read more: https://tinyurl.com/yp5uf3rd
Keith Gerein: Canada-first hydrogen housing project survives shenanigans in Strathcona County
An intriguing development in energy is finally poised to get underway in the Edmonton region after Strathcona County recently approved a new residential community touted to be fuelled by hydrogen.
Read more: https://tinyurl.com/ywd24ncr
Toronto’s Commercial Market Sees Drop in Real Cost of Rent
Downtown Toronto’s office market has become a tenant’s market, with businesses trying to get rid of space, pushing down the real cost of rent. While published rents may still appear to be holding up, tenants and commercial real estate brokers agree that rent has significantly decreased. Landlords are offering inducements such as free months of rent, more capital for renovations, and fully furnished suites to attract tenants.
Read more: https://tinyurl.com/y4pzj2fa
Rents rising faster than inflation in many German cities
Prices on the German rental market have risen by up to 9 percent in the past year, according to a new report by immowelt. In most major German cities, rents rose between July 2022 and July 2023, in some places outstripping the rate of inflation – and there doesn’t seem to be any relief on the horizon.
Read more: https://tinyurl.com/5n7kfv9t
Chinese Developers Surge as Beijing, Shenzhen, Guangzhou Say They Will Support Property Market
(Yicai Global) July 31 — Shares in Chinese real estate firms surged today after three of the country’s four first-tier cities, namely Beijing, Shenzhen and Guangzhou, expressed support for the central government’s plans to roll out policies to aid home buyers.
Read more: https://tinyurl.com/bfvjjnn5
Punjab likely to hike property tax rate up to 400% in posh areas
LAHORE: Punjab’s interim government has approved the property tax assessment across the province after a hiatus of nine years, according to a report in The News published on Monday.
Read more: https://tinyurl.com/fs8utjv2
Global property insurance pricing up 10% on average in Q2: Marsh
Global property insurance pricing was up 10% on average in Q2 2023, the same as in Q1, according to Marsh’s Global Insurance Market Index.
Read more: https://tinyurl.com/y72metvr
Grande Prairie – Mackenzie riding boundary to change
Changes are coming to the Grande Prairie – Mackenzie and Peace River – Westlock ridings. Earlier in July, the Federal Electoral Boundaries Commission shared it had concluded the redrawings of the province’s electoral map.
Read more: https://tinyurl.com/4z9a8z7c
By the numbers: Here’s where the housing market is at mid-year
Months of falling house prices are coming to an end, and factors are building to support the market, according to one of the world’s largest banks.
Read more: https://tinyurl.com/4ehru3zp