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Cypress County council OKs plan to allow 13 new residential lots (Medicine Hat)

Cypress Country council on Tuesday approved the Aparche Area Structure Plan, which would see roughly 13 future residential lots about 1.25 kilometres south of Township Road 120.       Read more: https://tinyurl.com/y4hnx9yh  

AI fraud in loan applications surges after RBA interest rate hikes (Australia)

Generative AI has opened the door to a swift increase in liar loans and homebuyers squashed by higher interest rates are committing some of the highest rates of loan fraud.       Read more: https://tinyurl.com/y9vmwrhr  

Opinion: Delivering on the Green Line vision means thoughtful investment and creativity (Calgary)

To many, the aboveground plan for the Green Line’s downtown segment seems like a road to nowhere, implemented for the sake of building another train line rather than grappling with Calgary’s genuine transportation problems.       Read more: https://tinyurl.com/yv8jj9hw    

Alberta’s vote to stay hailed as decisive, but uncertainty looms over immigration (Alberta)

Peter Veress knows what it’s like to leave everything behind because of separation threats.       Read more: https://tinyurl.com/brj3zmn4    

Lorne Gunter: Time for Alberta to move past separatism and get back to work (Alberta)

In Canada’s wars — particularly the First and Second World Wars, and Afghanistan — as well as on peacekeeping missions, young Prairie men (and now young Prairie women) volunteer early and in disproportionately large numbers.       Read more: https://tinyurl.com/4nuwsy7r    

St. Albert's 2027 budget proposes a 4.5 per cent property tax increase (St. Albert)

The city has tabled the 2027 municipal budget, which includes a proposed 4.5 per cent municipal property tax increase.       Read more: https://tinyurl.com/36t8eamj    

Alberta Voted to Stay. Here's What It Means for Real Estate

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            Albertans went to the polls Monday and delivered the verdict the housing market had been quietly hoping for: roughly 76 per cent voted to remain in Canada , rejecting a move toward a binding separation referendum. It wasn't close, and it wasn't a surprise — polling had pointed here for months. But for anyone holding a mortgage, a listing, or a Calgary rental, the result removes a question mark rather than adding one.   Real estate doesn't fear bad news as much as it fears uncertainty , because uncertainty gets priced in. A credible chance of Alberta leaving Confederation raised a stack of unanswerable questions: Would an independent Alberta keep the Canadian dollar? What happens to federally regulated mortgages? Do lenders reprice risk? Do head offices leave downtown Calgary? The Calgary Chamber of Commerce surveyed members in June and found half said they'd leave if separation succeeded , estimating billions in losses. A University o...

September data shows housing market in a deep freeze (United States)

Fast-rising mortgage rates in September took a harsh toll on the housing market, according to new monthly data released today.       Read more: https://tinyurl.com/4kmt3p9j    

Rate rises prompt Aussies to choose DIY over moving (Australia)

With the RBA’s latest rate rise taking the cash rate to a 15 year high of 4.6 per cent, Aussies considering a move have another reason to stay put.       Read more: https://tinyurl.com/56y8u6dw    

Mortgage renewal coming up? Start early and look beyond the rate, brokers say (Canada)

Homeowners may be tempted to take the mortgage rate offered in a renewal letter, but savvy borrowers see it as the start of a negotiation process that could lead to big savings.       Read more: https://tinyurl.com/34eex54x    

Housing standard debate after tradie’s Aus find (Australia)

A Queensland tradie has brutally summed up the state of Australia’s housing market after filming a new home built so close to the one next door it barely seemed worth putting up a fence.       Read more: https://tinyurl.com/mr3wmc5x