On May 8, Calgary police charged former Realtor Eric Drinkwater with fraud, alleging he swindled 16 people out of $1.9 million through bogus real estate investment proposals.
Read more: https://tinyurl.com/48r2b9k7
Monthly Archives: July 2025
Saudi Arabia’s regional HQ program is driving a surge in commercial office demand: Knight Frank
Faisal Durrani, MENA Head of Research at Knight Frank says Saudi Arabia’s regional headquarters program is having a “significant” impact on the country’s office space, also fueling job creation in Riyadh. He also discusses the “disconnect” in Saudi Arabia’s residential space – between what’s available and what Saudi households can afford. He says the solution may be in adopting modern methods of construction that could bring down costs that developers can pass on to buyers.
Video: https://tinyurl.com/3zucvczn
Pittsburgh stands out as only U.S. city cheaper to buy than rent, report says
Pittsburgh came out on top in a new Realtor.com rental report as the only U.S. city where it’s cheaper to buy a home rather than rent.
Read more: https://tinyurl.com/y3r7wyd9
Property sales in Croatia down 15% in first half of 2025 – analysis
ZAGREB, 23 July 2025 (Hina) – The Croatian real estate market recorded just over 57,000 transactions in the first half of 2025, marking a 15 percent decrease compared to the same period last year, according to the latest analysis by real estate agency Opereta.
Read more: https://tinyurl.com/4vf9ekxa
Renting is $908 cheaper per month than buying nationwide. How much is it in the NY metro?
Not everyone wants to own a home. For some, the flexibility and lack of responsibility for maintenance that comes with renting is just more appealing than putting down roots and building equity. And at face value, doing so in our region is more than $2,000 cheaper a month, on average, than to own.
Read more: https://tinyurl.com/pybvstyv
AMP Bank speeds up loan approvals with Equifax
AMP Bank has partnered with Equifax Verification Exchange to streamline income and employment verification, reducing friction for PAYG home loan applicants and speeding up approvals for brokers and their clients.
Read more: https://tinyurl.com/y4p8bbjz
Red Deer residents must act to protect their neighbourhoods, says former city manager
Former Red Deer city manager Craig Curtis urged residents to continue to pressure city council to reject federal affordable housing demands tied to a $12 million grant.
Read more: https://tinyurl.com/3msxwpmt
Fort McMurray region becomes home to massive provincial park
More than 1,800 square kilometres of boreal forest southeast of Fort McMurray will be preserved as the Gipsy-Gordon Wildland Provincial Park. Hunters, fishers, trappers and people enjoying trails will have more untouched forest to explore. The homes of 28 at-risk species, including 18 different birds, will be protected.
Read more: https://tinyurl.com/3naj93xh
Split RBA board delays rate cut amid credibility concerns
Mortgage brokers should remain alert to shifting interest rate expectations, with the Reserve Bank’s July minutes revealing a split board and a cautious tone despite improving global market conditions.
Read more: https://tinyurl.com/mrxv22j
City Council discussed a “complicated bylaw” during a special meeting
The City of Airdrie is grappling with the challenges posed by overstrength effluent entering its sewer system.
Read more: https://tinyurl.com/58n682vf