National Rent Declines Continue as October Sees 0.7% Drop

Posted on October 31, 2024 by Joe

The Apartment List latest national rent report said that the national median rent was down by 0.7% year over year, or about $10 in October, hitting $1,394. Year-over-year rental comparisons have been negative for almost 18 months. However, it is still $200 more than it was a few years ago before the revving up that happened during the pandemic, when an influx of capital radically pushed up the price of multifamily properties and the rents needed to sustain business plans.

Read more: https://tinyurl.com/22af2zhx

New Croatian law to redefine holiday rentals

Posted on October 31, 2024 by Joe

The Croatian Ministry of Tourism and Sport has launched a public consultation on proposed amendments to the Hospitality Industry Act, introducing significant changes for rental property operators.

Read more: https://tinyurl.com/3wt57yct

While other sectors struggle, single-family rental demand keeps growing, especially in the Midwest

Posted on October 31, 2024 by Joe

As the average price of single-family homes in the United States continues to rise, more consumers are choosing the rental route. But they’re not just renting apartments. Many are renting single-family homes.

Read more: https://tinyurl.com/ytk8u28m

How much do you need to borrow to buy in Brisbane?

Posted on October 31, 2024 by Joe

The great Australian dream of owning a home has slipped further out of reach for Brisbane’s first home buyers, with new data showing single average income earners would need a $400,000-plus handout from the bank of mum and dad to afford the average house.

Read more: https://tinyurl.com/rd9dsyd9

Once-booming Victorian tree-change towns where house prices are on discount

Posted on October 31, 2024 by Joe

House prices in several Victorian tree-change and sea-change towns have dropped over the past year due to home buyers’ increased borrowing costs and gradual return to CBD offices.

Read more: https://tinyurl.com/358jar7d

$24.6M approved for Cambrian fire hall

Posted on October 31, 2024 by Joe

It’s all systems go for the new fire hall in Cambrian Crossing.

Read more: https://tinyurl.com/y5vvceys

‘Wonderful sense of community’: NSW sea-change towns that soared

Posted on October 31, 2024 by Joe

A string of regional NSW towns have recorded double-digit house price gains of up to 25 per cent in the past year as they provide better affordability and lifestyle than Sydney.

Read more: https://tinyurl.com/5bjaxf6b

Edmonton sells Quarters land at discount for non-profit housing, hopes to inspire more development

Posted on October 30, 2024 by Joe

Edmonton will sell land in the Quarters at a deep discount to a non-profit for social housing, shelter and office spaces in a move some councillors hope will spur more private development interest in the core neighbourhood.

Read more: https://tinyurl.com/yckxkr28

Traffic impacts the most common concern over potential river valley spa

Posted on October 30, 2024 by Joe

The city and company behind a proposal for a thermal spa adjacent to Edmonton’s river valley took questions about the project from Brander Gardens residents Tuesday night.

Read more: https://tinyurl.com/bp5dnasy

Energy budget about to take centre stage

Posted on October 30, 2024 by Joe

A year-long review of how the city’s energy business operates and how employs power profits are used will conclude this fall, but not before a new preliminary energy budget is debated and likely put in place, officials told the News on Tuesday.

Read more: https://tinyurl.com/2p8yvbvu