Posts

The type of property that has tax benefits, but lacks price growth (Australia)

Many off-the-plan apartments have not made significant gains on resale, experts said, as the property type comes into focus after this week’s budget.       Read more: https://tinyurl.com/6hbx5ce3  

Carney announces plan to double electricity grid capacity by 2050 (Canada)

OTTAWA — Prime Minister Mark Carney announced his government’s intention to adjust clean electricity regulations on Thursday, in an effort double the capacity of Canada’s grid by 2050.       Read more: https://tinyurl.com/jcc8xdz8     

Varcoe: ATCO CEO bullish on Alberta growth as Ottawa energy pact takes shape (Alberta)

Nancy Southern sees potential opportunity stemming from the Alberta-Canada energy pact and a growing economy.       Read more: https://tinyurl.com/232b5rhk  

Calgary's spring real estate season is off to slow start (Calgary)

The typically busy spring market stumbled through April with sales and benchmark prices falling in Calgary amid rising supply. Calgary Real Estate Board statistics for the month show resales for all housing types fell six per cent year over year. Yet, it was the apartment-style condominium segment that accounted for much of the decline in demand with sales (432 transactions) off 27 per cent from April last year.         Read more: https://tinyurl.com/hejy5mx7  

Calgary builders up in arms over rising prevalence of construction site thefts (Calgary)

Calgary builders and trade workers say thieves targeting construction sites across the city are becoming increasingly brazen, making off with high-value tools, equipment and building materials at an alarming rate.       Read more: https://tinyurl.com/528282ns  

Mountain, lake recreation properties in high demand by Edmontonians (Edmonton)

Higher gas prices and economic uncertainty are not putting the brakes on Edmontonians ’ desire for recreational lifestyles. A new report from Royal LePage points to recreational communities in the surrounding area continuing to see high demand for real estate, especially lakeside .       Read more: https://tinyurl.com/4s6cm36w  

City marks functional completion of Sunnyside flood barrier project (Calgary)

A $50-million project designed to protect Sunnyside from the threat of overland flooding is functionally complete, just in time for this year’s spring flood season.     Read more: https://tinyurl.com/4zv7vnv2  

Supply rises in Calgary's nearby communities in April (Calgary)

Calgary’s surrounding markets saw supply levels grow in April, due to slowing demand in many bedroom communities. Calgary Real Estate Board statistics revealed some key markets saw declining year-over-year resales while others saw flat or modest growth.   Read more: https://tinyurl.com/2hn3pa98     

CREA reports April home sales down four per cent from year earlier (Canada)

OTTAWA — The Canadian Real Estate Association says home sales in April fell compared with a year ago as the average sale price climbed.       Read more: https://tinyurl.com/35muy458  

Several major projects included in summer construction season (Grande Prairie)

The City of Grande Prairie is preparing for the 2026 construction season with $28.5 million in budgeted spending for roads and infrastructure projects aimed at maintaining transportation networks, improving drainage systems and supporting future growth.       Read more: https://tinyurl.com/mundd6k6  

High River greenlights $2.7M infrastructure upgrades (High River)

High River Town Council is moving forward with key infrastructure upgrades after awarding a construction contract for the Crescent Avenue S.E. water mains replacement and the 9th Street Happy Trail Ramp project.          Read more: https://tinyurl.com/47ev 62km       

Piyami Lodge rebuild gets $5.8M (Lethbridge)

For seniors in Picture Butte and surrounding communities, growing older close to family instead of moving away could soon become much easier.   Read more: https://tinyurl.com/mrxfn3me      

CIC gives the OK to proceed with Wastewater Treatment Plant upgrades (Lethbridge)

On Wednesday, during the Community Issues Committee (CIC) meeting, members of city council voted unanimously to recommend moving ahead with critical upgrades at the Lethbridge Wastewater Treatment Plant (WWTP).        Read more: https://tinyurl.com/mwddk6uc     

City launches second public engagement phase for Riverside corridor project (Medicine Hat)

The city has announced a series of upcoming open houses, plus a new survey, as it launched Wednesday the second phase of public engagement for the Riverside Corridor Enhancement Project.       Read more: https://tinyurl.com/45bc7s42