On New Year’s Day, Edmonton will look much the same from the ground, but its map will have radically changed.
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Monthly Archives: December 2023
Provincial power prices to fall but still higher than Medicine Hat’s new single rate
Power prices in the rest of Alberta are set to fall in January, but will remain at least 50 per cent higher than rates in Medicine Hat.
Read more: http://tinyurl.com/52am2ns9
New Wave of Commercial Real Estate Crisis Poses Threat to US Regional Banks
A potential crisis in the commercial real estate market is looming, and it could have significant implications for regional banks in the United States. The aftermath of the Covid-19 pandemic has caused a shift in work dynamics, with many professionals now working remotely and a surge in online shopping. As a consequence, commercial spaces, including malls, department stores, and outlets, are experiencing high vacancy rates, and property prices are plummeting.
Read more: http://tinyurl.com/58ucr2e6
UK property market: what will happen to house prices and mortgage rates in 2024?
It has been a rollercoaster year in the mortgage world, with rates moving up and down with each new piece of economic data. The housing market has been bumpy, too. In September, prices recorded the first annual fall for a decade, according to official data, but lenders say demand has been growing in recent months. Anyone looking to buy a home soon will be wondering what 2024 has in store.
Read more: http://tinyurl.com/36cc9n8u
High interest rates in Germany push more people into renting
Corinna moved into the small one bedroom apartment her husband was renting right after they married. But now that two are three, they have been looking for a bigger place.
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Back Issues: What future for Wharerata Homestead?
The 120-year-old homestead Wharerata is located on the Massey University campus.
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Builder awarded $20,000 after WeChat dismissal
A builder who was let go from his job when the company employing him ran out of work has been awarded more than $20,000 by the Employment Relations Authority.
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The coastal spots near Melbourne where property is picking up
Home buyers priced out of the then booming Mornington Peninsula market during COVID lockdowns are now returning, turning price falls into a small recovery.
Read more: http://tinyurl.com/33kfs2kr
‘We love it here’: Coastal property price gains leave Sydney in the shade
The property rebound is picking up in coastal markets surrounding Sydney, and prices in some regions are now rising faster than in the harbour city.
Read more: http://tinyurl.com/bde3m89s
Mayor Jyoti Gondek says 7.8 per cent tax hike should be one-time measure
A 7.8 per cent property tax increase for Calgary homeowners in 2024 should be an anomaly, not the norm, in the coming years, according to the city’s mayor.
Read more: http://tinyurl.com/6mshf9ps