Posts

Council looking into new rules to oversee lodging houses (Edmonton)

City council will be looking at new rules to regulate the lodging house market after hearing concerns from both homeowners and developers.       Read more: https://tinyurl.com/3pzrt23m    

Enmax cuts ribbon on new substation in downtown Calgary (Calgary)

There’s a new source of power in downtown Calgary.       Read more: https://tinyurl.com/5akf6k93  

Busy spring homes market tails off amid falling sales, prices (Calgary)

Calgary’s typically busy spring real estate market turned out not to be so eventful this time around.       Read more: https://tinyurl.com/4harndp4     

Edmonton's balanced market eases pressure on first-time homebuyers (Edmonton)

Edmonton’s real estate market at this year’s midpoint, capping off a traditionally busy spring market, may not have seen the record activity of recent years.       Read more: https://tinyurl.com/3d74bj9w  

Rising prices, mortgage rates worsen Canada's housing affordability (Canada)

Homes became less affordable across Canada in May driven by rising prices and mortgage interest rates, a new report found. Ratehub.ca published its monthly affordability report in June, showing the income required to qualify for a five-year, fixed-rate mortgage for the average-priced home increased in every major market monitored .       Read more: https://tinyurl.com/mwc22jdw  

$4.6-billion power station to supply data centre near Edmonton gets green light (Edmonton)

Calgary-based Pembina Pipeline Corp. is joining forces with a local power company and a subsidiary of Morgan Stanley to build a massive new electricity generating station northeast of Edmonton that would serve a data centre customer.       Read more: https://tinyurl.com/2zh2wj6e  

Toronto conditions could make renewing mortgages challenging (Canada)

More Toronto homeowners could face challenges next year at mortgage renewal if they need to refinance at the same time, a new report has found. The Bank of Canada’s Financial Stability Report 2026 found that about nine per cent of borrowers in the Toronto area would not be able to refinance their mortgage upon renewal.     Read more: https://tinyurl.com/yrccbvat     

Council approves extra funding for troublesome intersection (St. Albert)

Council has approved more than $1 million in increased funding for improvements to the troublesome Campbell Road and Boudreau Road intersection, a key entry point to the city.        Read more: https://tinyurl.com/v9pjk4pw  

Cochrane named one of Alberta’s best places to live (Cochrane)

Cochrane has snagged a spot on a new list of the top eight best places to live in Alberta for 2026.       Read more: https://tinyurl.com/4mzckfnd     

Downsizers pounce on Newtown townhouses after quality reveal (Australia)

Downsizers wary of buying off the plan have been won over by the quality of a Newtown townhouse development from a high-end coastal builder.   Read more: https://tinyurl.com/3esv7b6w     

Blanket rezoning: A look inside the repeal of the contentious Calgary housing policy (Calgary)

Blanket rezoning. A housing policy so contentious, the Mayor of Calgary likened it to the Carbon tax.   Read more: https://tinyurl.com/yc8fjk3b    

St. Albert advances major construction projects this summer (St. Albert)

According to city's capital projects manager, Miranda Rowda, St. Albert is advancing a wide range of infrastructure, transportation, utility, and facility projects this construction season. The following summary highlights key active and upcoming works across the city:       Read more: https://tinyurl.com/4p43rpsf     

The regions beating the slump: Five high-end Perth homes as market shifts gears (Australia)

Across the country housing values are dropping, but Perth’s market is still holding strong.       Read more: https://tinyurl.com/4zvz3ncu    

Albertans least likely to put province ahead of Canada, poll finds (Alberta)

Albertans are the least likely Canadians to put their province ahead of the country, even as Alberta heads to a fall referendum on separation, according to a new poll.       Read more: https://tinyurl.com/yc6b5jem