Posts

The regional Victorian towns that boomed most in the past year (Australia)

Asking rents are rising in some of Victoria’s lesser-known regional towns as an exodus of investors reduces already limited rental stock.       Read more: https://tinyurl.com/fcvyndtz  

Western defence hub marshals housing plans in Edmonton (Edmonton)

Edmonton is on the verge of another housing boom.       Read more: https://tinyurl.com/33mfkzs6  

Varcoe: High oil prices leave producers with epic cash flow levels, some 'approaching debt-free status' (Alberta)

Canadian oil producers are set to unleash “epic” third-quarter financial results in the coming weeks, powered by supercharged energy prices, setting the table for a potential debt-free twist.       Read more: https://tinyurl.com/mu63bd44    

Edmonton city council requests Smith's infill edict in writing 'as soon as possible' (Edmonton)

Eight days after Premier Danielle Smith decreed Edmonton city council must rescind its zoning bylaw, councillors are still at a loss as to how to implement her orders.       Read more: https://tinyurl.com/mtm787ah    

Brace for a 'blowtorch winter’: Super El Niño threatens Canadian gas producers and provincial coffers (Canada)

An unusually warm weather pattern building in the Pacific Ocean is expected to give North America its mildest winter in modern memory, potentially cutting natural gas heating demand and squeezing revenues for producers and royalties for gas-producing provinces.       Read more: https://tinyurl.com/4c2bx6ma    

Architects say good design could solve Edmonton's infill problems (Edmonton)

In the pursuit of good infill, the City of Edmonton has hired architects to lead by example.       Read more: https://tinyurl.com/54me2vhy  

CREA revises down 2026 home sales forecast again as September transactions fall 7.7% over same month last year (Canada)

The Canadian Real Estate Association (CREA) has revised down its projection for 2026 home sales again, while monthly data shows sales across Canada fell in September.       Read more: https://tinyurl.com/yrjv9psr    

$37-million Airport Trail–Stoney Trail interchange project partially opens (Airdrie)

A $37-million interchange project at Airport Trail and Stoney Trail NE has partially opened to traffic, with the investment also linked to future development plans in eastern Rocky View County.       Read more: https://tinyurl.com/5dvnwr58    

Emaar founder Alabbar doubles down on Dubai property market recovery (Global)

Emaar founder Mohamed Alabbar speaks to CNBC’s Dan Murphy at the RISE Summit in Dubai, weighing in on the state of business and the property market eight months into the regional war.       Read more: https://tinyurl.com/5dkjvedc    

Meet the Melbourne home sellers who are already publishing their reserves (Australia)

Graeme Pollock was on board when his agent suggested advertising the reserve price before the auction of his Gladstone Park house, keeping in mind his daughter Kate Adams’s own disappointment in the property market.   Read more: https://tinyurl.com/3eyyjbbm    

Calgary market points to finicky demand as supply rises from new homes (Calgary)

Sellers in Calgary’s resale real estate market may be asking themselves where all the buyers have gone as the city’s economy remains strong, but sales continues to trend downward.   Read more: https://tinyurl.com/yc4ea6bv      

Faulkner: How to choose between fixed or variable mortgage rates (Canada)

Today, across Canada, we are seeing a very large gap between fixed and variable mortgage rates.       Read more: https://tinyurl.com/8svt4kse    

More mortgage borrowers lock in rates as rate outlook shifts (Canada)

More Canadian mortgage borrowers are seeking fixed-rate mortgages as interest rates appear poised to rise amid ongoing higher-than-normal inflation.       Read more: https://tinyurl.com/33u63vtn    

New direct route from Edmonton to Saint John launching next year: Flair Airlines (Edmonton)

Flair Airlines is launching a new direct flight it says will open new travel opportunities between western and Atlantic Canada.       Read more: https://tinyurl.com/2t9r2wcn