Posts

Edmonton council to debate changes to lodging house rules (Edmonton)

New rules for lodging houses could be coming soon as Edmonton city council is preparing to debate tweaks to its zoning bylaw.       Read more: https://tinyurl.com/4m34f8ka    

August home sales down 6.9% as economic headwinds threaten market momentum: CREA (Canada)

The Canadian Real Estate Association says home sales in August were down compared with a year ago as a fresh round of economic challenges threaten to dampen housing market momentum for the remainder of the year.       Read more: https://tinyurl.com/2dakc4fn    

New Costco development in the works as part of mixed-use Stony Plain business park (Stony Plain)

A new Costco is slated for development just west of Edmonton.       Read more: https://tinyurl.com/2arzzyu8    

Global brands have almost tripled investment into Australia’s luxury property market (Australia)

Australia’s luxury development market has nearly tripled over the last decade, with global brands ramping up investment within the country ahead of the upcoming Olympic Games.       Read more: https://tinyurl.com/4kncwm9n    

Where Oil Meets Blockchain: Alberta's Real Estate Market Enters the Crypto Era (Alberta)

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        Alberta's real estate landscape is undergoing a transformation that would have seemed impossible a decade ago. As Calgary and Edmonton evolve from energy-dependent hubs into diversified tech centers, a new player has entered the property market: cryptocurrency.   The Alberta real estate market has shown remarkable resilience. Calgary, long tied to volatile oil prices, has emerged as a magnet for interprovincial migration. With affordable housing compared to Toronto and Vancouver, steady job growth in tech and logistics , and no provincial sales tax, the city attracted thousands of new residents in 2024. Edmonton, meanwhile, continues its steady expansion, with suburban communities seeing unprecedented demand.   But beneath these traditional metrics, something different is happening. A growing cohort of Alberta investors—many young, tech-savvy, and crypto-wealthy—are reshaping how property transactions occur.   Cryptocurrency's intersection wit...

Odds of a Bank of Canada rate hike in December rise with oil in the inflation 'driver's seat,' say economists (Canada)

Canada’s annual rate of inflation in August may have remained at three per cent, but some economists say the odds of a December rate hike by the Bank of Canada have increased due to surging global oil prices.       Read more: https://tinyurl.com/4cbrsjj8  

Joint $24.8-million investment to bring broadband to 1,833 rural homes (Alberta)

A joint $24.8-million investment between the Government of Canada and the province of Alberta will place high-speed internet access in 1,833 households in rural and remote communities.       Read more: https://tinyurl.com/4npd3k4e    

Okotoks house listings and sales trend downward in August (Okotoks)

According to the Calgary Real Estate Board (CREB), new listings and sales activity in Okotoks declined in August.   Read more: https://tinyurl.com/2yduaz5k    

Young Melbourne women shun houses for apartments amid crime surge (Australia)

Young women are choosing apartment living over traditional houses due to Melbourne’s crime wave, multiple experts say.       Read more: https://tinyurl.com/4ukw3uv2    

Albertans to vote on opting out of federal programs — while keeping cash (Alberta)

When referendum day arrives in Alberta on Oct. 19, the focus won’t just be on separation and immigration.       Read more: https://tinyurl.com/2dx4yeb2  

SASA hopes new facility could help with desperate need for space (St. Albert)

The St. Albert Soccer Association (SASA) hopes their proposed new facility will fill an important need for facility space as they're faced with an expiring lease next year.       Read more: https://tinyurl.com/knu35zkj    

Alberta studying future bypass around east Airdrie (Airdrie)

The Alberta government is studying options for a future highway bypass around east Airdrie as the region continues to grow and traffic volumes on Highway 2 increase.       Read more: https://tinyurl.com/bddzp9nt