Mortgage loans in Canada declined in 2018 due to new mortgage regulations, rising rates and softening housing markets, according to Canada Mortgage and Housing Corp.’s first Residential Mortgage Industry Report.
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Alberta retail sales decline for first time in three months
For the first time in three months, retail sales in Alberta were down in May, due to lower sales at motor vehicle and parts dealers, according to data released on Friday by Statistics Canada.
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Red Deer rents among the lowest in Canada
Residential rental rates in Red Deer continue to be on the less expensive side among Canada’s 33 largest communities.
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Council Investigating Best Options For High Speed Internet
High River Town Council is continuing to investigate the best way to bring high speed Internet to the community.
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Recession ramifications hit St. Albert developments in 2018
Effects of Alberta’s poor economy over recent years were only just being felt in St. Albert’s development sector last year, city building permit revenue figures suggest.
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Lethbridge industrial real estate strong
The Lethbridge industrial real estate market saw good returns through the first quarter of 2019, and those are only going to get better in the next year when the fourth, fully-serviced subdivision opens up in Sherring Industrial Park, says Vinko Smiljanec, an associate with Avison Young’s Lethbridge office.
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Residents call for pest bylaw
A local resident says it is time for the city to put a bylaw in place to address pests in buildings.
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Real estate agencies put the spotlight on staging
Staging is a crucial step in the home-selling process. Even minor touch-ups and decorations can go a long way in getting a home sold quickly and for the best possible price. The National Association of Realtors estimates that for every $100 spent on staging a home, a seller can potentially recoup $400. In recent years, real estate agencies have begun to offer services that make the process of staging a home for sale less daunting.
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Real deal: Silicon Valley property values experience moderate gains
Silicon Valley property values continue to rise, but not as much as they did a couple of years ago, according to San Jose appraiser Tim Tolbert. Tolbert, who recently spoke at a Silicon Valley Association of Realtors district meeting in Los Gatos, said the market was insane from February through June last year, but by the end of fourth-quarter 2018, prices had dropped close to their 2017 values. Tolbert said he is now seeing values rising by about 3-4 percent.
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Thinking about buying a fixer-upper? Here’s what you need to know
A perfect home can be hard to find these days, especially if you’re a first-time home buyer on a budget.
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