Posts

Aussie homeowners turning to reverse mortgages to avoid selling up (Australia)

More than 40,000 Australians have turned their homes into retirement funds, with new figures showing the Gold Coast dominating Queensland’s reverse mortgage rankings.       Read more: https://tinyurl.com/rckjwy69  

Bank of Canada holds key rate steady at 2.25%, predicts economic rebound (Canada)

The Bank of Canada is holding its policy rate at 2.25 per cent and says that it expects the Canadian economy to improve, despite flatlined growth over the past 18 months .       Read more: https://tinyurl.com/bp6ndryf  

What the Iran flare-up means for Alberta's budget and pump prices across the country (Alberta)

The price of oil is rising as war in the Middle East reignites, but a well-supplied market and Trump’s on-again, off-again threats appear to be keeping the spike in check.     Read more: https://tinyurl.com/ypph276r  

Functional planning study underway for Glenmore Trail in southwest Calgary (Calgary)

The city is carrying out a functional planning study for Glenmore Trail between Richard Road and 14th Street S.W. in a bid to alleviate congestion and make the busy corridor safer.       Read more: https://tinyurl.com/ky8s2ae7  

CREA now expects home sales decline in 2026 as it lowers forecast again (Canada)

The Canadian Real Estate Association has downgraded its forecast for home sales activity in 2026 again, despite a small uptick in the number of homes that changed hands in June.       Read more: https://tinyurl.com/yc79kpwj  

Feds, most provinces get top marks on internal trade — but more work to be done (Canada)

OTTAWA — The federal government has gone from a C student to top of the class in its work to advance internal trade between provinces, says the Canadian Federation of Independent Business.       Read more: https://tinyurl.com/2s3by6ye  

Lorne Gunter: Mark Carney looks good but economy tells different story (Canada)

Mark Carney has presided over the worst first year of economic growth of any prime minister since Lester Pearson in 1963 — 63 years ago! Even Justin Trudeau, who was an economic disaster for 10 years as PM, had a better first year than Carney.       Read more: https://tinyurl.com/3nked9w7  

Sinkhole the result of leaky pipe, not heavy rainfall: Expert (Edmonton)

The Lauderdale sinkhole is growing.       Read more: https://tinyurl.com/3e2hkmxj  

A $500,000 drug bust, serial tire slasher and threefold break and enters: Stats show crime not on the rise in this northern Alberta city. (Fort McMurray)

A recently released RCMP report shows overall crime in the Wood Buffalo region is declining, with a 15 per cent net decrease in total crime.       Read more: https://tinyurl.com/2hez4wzc     

Red Deer’s fibre optic network installation progresses

Buried civil construction installations for the new fibre optic network in Red Deer should be about 75 per cent complete by the end of August.       Read more: https://tinyurl.com/3v9xkkbs      

Pilot project diverting construction waste in Okotoks (Okotoks)

The Town of Okotoks has partnered with Azimuth Builders and Wilco Disposal on a pilot project that has already demonstrated that a significant portion of construction waste can be diverted from the landfill.     Read more: https://tinyurl.com/5276ypxj  

Cochrane looking to speed up non-residential development approvals (Cochrane)

Cochrane council is looking for ways to make it easier and faster for businesses to establish and expand in the community.       Read more: https://tinyurl.com/2axrvy6z     

Mortgage rates rise to highest level in nearly a year, causing homebuyers to pause (USA)

Mortgage rates rose last week to the highest level since August 2025, and that caused homebuyer demand for loans to pull back. Refinance demand, however, moved higher.   Read more: https://tinyurl.com/4vmv2xfn     

NSW building completions plummet to 12-year-low point as the major state drags Australia behind 1.2 million home target (Australia)

Building completions in one state have plummeted to a 12-year low and are the “biggest reason” the nation is falling behind a major new homes target.       Read more: https://tinyurl.com/2n9jd9ry