Dubai sees property deals worth $1.52 during Ramadan 2019, analysis finds

New rules that could allow cities to give lengthy tax concessions to spur business activity could be beneficial, or could under cut Medicine Hat’s traditional advantage luring business, Ted Clugston told the News this week.

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House prices nationwide are tipped to soar by 20 per cent over the next four years

Posted on June 16, 2019 by Joe

After a long overdue pause in the most overheated parts of the market, house prices are again tipped to soar by an average of 18.3 per cent in the next four years.

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New home starts in Calgary and area drop significantly year over year

Posted on June 15, 2019 by Joe

New home starts in the Calgary census metropolitan area (CMA) in May 2019 were less than half of the starts recorded in May 2018, according to the Canada Mortgage and Housing Corporation (CMHC). Only 812 new homes were started last month, compared to 1,649 starts in May last year. The total number of starts to the end of May 2019 reached 3,589 units, down from 4,912 starts in the first five months of 2018.

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There’s a lifestyle penalty for renting in Canada — it doesn’t have to be so

Posted on June 15, 2019 by Joe

When Juliane Lorenz and her husband started renting a bungalow in Etobicoke, just west of Toronto, after their first child was born, she did not think much of it. Renting is the norm in her native Germany, where the homeownership rate is less than 50 per cent.

Read more: https://bit.ly/2WKNG81

Lake communities foster a healthy and active lifestyle

Posted on June 15, 2019 by Joe

The first residential community in Canada built around a man-made lake was Lake Bonavista in Calgary. It was 1967 when Keith Construction took a piece of bald prairie south of Anderson Road, east side of Macleod Trail and turned it into a suburban resort with year-round recreational opportunities.