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Monthly Archives: August 2023

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No end in sight: horror of the Hungarian rental market continues

Posted on August 30, 2023 by Joe

Every month now, rent peaks are being set. In eight years, rents have doubled, not only in Budapest but also nationally. In just one year, the price of rented property has risen by nearly 14 percent.

Read more: https://tinyurl.com/yck75rn7  

Posted in Global

UK home sales set to hit their lowest since 2012 as mortgage sales plummet

Posted on August 30, 2023 by Joe

LONDON — The number of houses sold in the U.K. this year is set to reach the lowest annual figure since 2012, real estate company Zoopla found in its latest house price index released on Wednesday.

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

Posted in Global

More than 300 affordable build-to-rent homes will be going into Remuera as Simplicity Living expands into the prestige suburb.

Posted on August 30, 2023 by Joe

Western suburbs account for the top five most affordable and liveable suburbs in Sydney, according to a new liveability index from McCrindle Research.

Read more: https://tinyurl.com/2afpr75x  

Posted in Global

Simplicity’s build-to-rent programme ramps up with racecourse land purchase

Posted on August 30, 2023 by Joe

More than 300 affordable build-to-rent homes will be going into Remuera as Simplicity Living expands into the prestige suburb.

Read more: https://tinyurl.com/ye295w3e

Posted in Global

Posthaste: Bank of Canada may pause interest rate hikes when it sees this big data

Posted on August 29, 2023 by Joe

The big news in the economic world this week comes out Friday with the latest reading of Canada’s gross domestic product.

Read more: https://tinyurl.com/4nk6dcnd

Posted in Canada

Opinion: Housing crisis puts post-secondary education at risk

Posted on August 29, 2023 by Joe

Affordable housing is a human right. It is the foundation on which inclusive, resilient and thriving communities are built.

Read more: https://tinyurl.com/4n7re5bx

Posted in Calgary (Alberta)

Calgary’s rental prices climbing faster than anywhere else in the country

Posted on August 29, 2023 by Joe

Touted in recent years as one of Canada’s most affordable big cities, Calgary’s rental prices are now increasing faster than any other large market in the country.

Read more: https://tinyurl.com/48w4dw46

Posted in Calgary (Alberta)

My mortgage is coming up for renewal – what should I do now?

Posted on August 29, 2023 by Joe

Interest rates have gone up a great deal. We all know that. Where they go from here, we don’t know, but I certainly have a point of view. But the tough question to face is what to do with your mortgage, especially if it is now coming up for renewal?

Read more: https://tinyurl.com/yc49vb59

Posted in Canada

Average asking rent hit a record high of $2,078 in July: report

Posted on August 29, 2023 by Joe

The Canadian rental market has reached a new record, with the average asking rent surging to $2,078 in July.

Read more: https://tinyurl.com/sf2446fb

Posted in Canada

Vacancy rates in downtown Ottawa hit all-time high as public service employees continue to work from home

Posted on August 29, 2023 by Joe

The return-to-work policy of the federal government – Ottawa’s largest employer – has resulted in a unique set of challenges in its downtown office market, commercial real estate insiders say.

Read more: https://tinyurl.com/2rx2zrz7

Posted in Canada

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