Posts

Rezoning request OK’d for proposed mid-rise apartment in Ranchlands (Medicine Hat)

Members of the Municipal Planning Commission unanimously approved an application to rezone 21 Ranchlands Blvd. to allow for a mid-rise apartment building that would exceed three  storeys .       Read more:  https://tinyurl.com/393sttxc     

Aussies back major property tax shake-up in new research (Australia)

Australians are ready to make a monumental change to the property market, calling for the slashing of investor tax  perks  and redirecting money into social housing, new research reveals.       Read more:  https://tinyurl.com/ms9dvups     

'Highly unlikely' oil prices overturn 2025-'26 Alberta deficit: finance minister (Alberta)

Alberta’s finance minister says the province’s books are likely to remain in the red for the fiscal year that concluded Tuesday, though several weeks of significantly higher-than-projected oil prices have boosted the fiscal outlook.       Read more:  https://tinyurl.com/2smyxh2m         

Minimum down payment means shorter wait for buying a home (Canada)

Edmonton buyers requiring a mortgage to purchase a home know bigger is better when it comes to down payments. Yet most, especially first-time buyers,  elect  to go with the minimum down payment allowable.       Read more:  https://tinyurl.com/52cxb9c4  

While Jasper Avenue Boston Pizza closes, traffic shifts towards Ice District (Edmonton)

It was just blocks from two major post-secondary institutions, right by the main LRT line, and on the corner of office buildings in the Downtown of a city with more than 1.2 million people.       Read more:  https://tinyurl.com/4bnu63tj                  

Edmonton could get a new neighbourhood inside the Anthony Henday (Edmonton)

Edmonton could see a new  neighbourhood  take shape within the Anthony Henday, with plans moving forward for a new development in the University of Alberta farm area.       Read more:  https://tinyurl.com/ym8dbp57        

Alberta condo dispute resolution tribunal now active (Alberta)

Albertans can now  submit  applications to the Condominium Dispute Resolution Tribunal to resolve disputes.       Read more:  https://tinyurl.com/3455u2zn      

Census begins in Airdrie as growth trends point up (Airdrie)

Airdrie’s rapid growth is back in focus as the  City  begins its 2026 municipal census, which runs from April 1 to May 16.       Read more:  https://tinyurl.com/3jkpe5zv         

Council to consider 6.1% tax hike (Medicine Hat)

The city says in order to balance the budget and avoid falling further into debt,  councillors  must decide on either reducing costs by scaling back  services, or  increasing property taxes.       Read more:  https://tinyurl.com/2h8wz2m5     

Weekly mortgage refinance demand is down more than 40% in the past month (United States)

Mortgage rates moved even higher again last week, as the war with Iran continues to stoke fears of inflation. As a result, total mortgage application volume fell again, down 10.4% from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.       Read more:  https://tinyurl.com/4mtkkrhm       

Melbourne house price growth flat, now worst in Australia (Australia)

Melbourne’s median house price has flatlined through March, with interstate homeowners now cashing out of other capitals and relocating here to beat mortgage pain.       Read more:  https://tinyurl.com/5bphv58w  

Suncor reveals expansion plans as key oilsands mine enters its last decade (Alberta)

Suncor Energy Inc., one of Canada’s largest oil companies, is under pressure to resolve a challenge that’s been decades in the making.     Read more:  https://tinyurl.com/buwu6evy     

Alberta city seeing the second-largest jump in rent prices in Canada (Alberta)

A new national rent report shows that one Alberta city is near the top in Canada for month-over-month rent price increases, only being beaten out by one other spot.           Read more:  https://tinyurl.com/34ks9y3c  

Six More Weeks of Choked Hormuz Supply Could Send Oil to $200 (Global)

Oil prices could jump to $200 per barrel and even higher if the Strait of Hormuz remains near-closed as it is at the moment, Fereidun Fesharaki, Chairman Emeritus of energy consultancy FGE NexantECA, told Bloomberg on Tuesday.       Read more:  https://tinyurl.com/2v4e42ew