Average private rents in Great Britain have soared by more than a quarter since the start of the Covid pandemic and will keep rising, according to an analysis.
Read more: https://tinyurl.com/exk8ex2p
Monthly Archives: November 2023
Make Sure Your Rent Payments Are Being Reported to the Credit Bureaus
Many people don’t realize that consistently paying rent on time can positively impact your credit score. Reporting your on-time rent payments to credit bureaus demonstrates responsible financial behavior and allows you to build your credit history. If you’re looking to give your credit score a boost, here’s what to know about reporting your rent to the credit bureaus.
Read more: https://tinyurl.com/yc3xda4w
Will rents peak in 2025? Property firm predicts huge rises set to stop
Tenants can expect further rent hikes next year, but they could get some respite in 2025 as rents rises are predicted to stop outpacing growth in people’s incomes.
Read more: https://tinyurl.com/3yn8aaah
Fees coming for users of Okotoks’ EV charging stations
Okotoks will start collecting a fee from drivers who charge up at the Town’s electric vehicle (EV) charging stations.
Read more: https://tinyurl.com/2wwkptzm
Victoria housing affordability:
Less than a fifth of Victorian homes are cheaper to buy than rent | PropTrack
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Thought it was hard enough to buy a home? It just got worse
Housing affordability got worse for renters, mortgage payers and prospective home buyers in 2023, and there’s little relief in sight for next year.
Read more: https://tinyurl.com/2p9c6tcx
Landlords to pay interest on security deposits, starting next year
For the first time in more than a decade, tenants in Alberta are set to receive annual interest payments on the security deposits they pay to landlords as rising provincial interest rates have triggered a legislative threshold.
Read more: https://tinyurl.com/4vdpbarw
Parker: Stoney Industrial Park lots brought to market
A private Calgary family, owners of JEC Enterprises, acquired 185 acres of land within the city boundaries over 25 years ago. The prime piece of real estate has now been brought to market through Lee & Associates as fully serviced industrial land located in Stoney off Country Hills Blvd. and Deerfoot Trail.
Read more: https://tinyurl.com/3t4zx756
What’s in Edmonton’s capital budget for 2024?
Edmonton city council is expected Monday to finalize next year’s capital budget — which pays for infrastructure — that will add funds to renew aging buildings and roads, repair Rogers Place, renew police equipment and IT, and add money for new diesel buses in 2025.
Read more: https://tinyurl.com/2p7caeb8
Rent rates spike due to early completions, data suggests
An early influx of purpose-built units in various markets led to a noticeable increase in Canada’s average rents in October, according to a new report by Rentals.ca and Urbanation.
Read more: https://tinyurl.com/mtrdx5kj