Is Calgary the next property hot spot for foreign buyers? As B.C. and Ontario slap taxes on non-resident buyers, Alberta has a message: ‘C’mon over’ Joe Castaldo Maclean’s May 8, 2017 From afar, Alberta real estate might soon look like a good buy (CANADIAN PRESS) A few years ago, a real estate developer tapped Buss Marketing in Calgary to drum […]
Over-heated Toronto market boils over into adjacent regions Market slows in Vancouver, yet signs point to early rebound TORONTO, April 18, 2017 /CNW/ – According to the Royal LePage House Price Survey1 released today, Canada’s residential real estate market saw substantial price growth in the first quarter of 2017. While the majority of Canadian housing […]
Champion Petfoods building big new plant near Edmonton By Gordon Kent Edmonton Journal More from Gordon Kent Champion Petfoods founder Reinhard Muhlenfeld checks a conveyor belt of dog food in this 2002 file photo. JOHN LUCAS /EDMONTON JOURNAL SHAREADJUSTCOMMENTPRINT Champion Petfoods announced Tuesday it’s building a 37,000-square-metre facility just outside Edmonton’s western border to make dog and cat […]
Canadian home sales drop in April Ottawa, ON, May 15, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined in April 2017. Highlights: National home sales fell 1.7% from March to April. Actual (not seasonally adjusted) activity in April was down 7.5% from a year earlier. […]
‘Pretty dismal’: Alberta hotels still reeling from downturn, building binge JONNY WAKEFIELD Edmonton Journal Garrett Turta, general manager of the Fairmont Hotel Macdonald, poses for a photo on the patio in Edmonton, Alta. on Thursday, May 11, 2017. He said the hotel has seen some bright spots but continues to feel the pinch from the […]
Edmonton’s office vacancy rate almost doubles to 15 per cent GORDON KENT Edmonton Journal Published on: May 11, 2017 | Last Updated: May 11, 2017 4:54 PM MDT Edmonton’s downtown office vacancy rate jumped to 15.3 per cent in the first three months of the year, the highest level since the late 1990s. DAVID BLOOM […]
Developer converts Edmonton office tower to rental apartments GORDON KENT Edmonton Journal Published on: May 8, 2017 | Last Updated: May 8, 2017 7:57 PM MDT Developer Randy Ferguson is seen outside of the 15-storey Harley Court building at 10045 111 St. NW on Monday, May 8, 2017. His company, Strategic Group, is looking to […]
Half the units sold in first phase of long-awaited Glenora condo project, developer says GORDON KENT More from Gordon Kent Published on: May 8, 2017 | Last Updated: May 8, 2017 6:51 PM MDT The West Block project is set to have its official groundbreaking Wednesday, May 10, 2017. ED KAISER / POSTMEDIA SHAREADJUSTCOMMENTPRINT Half […]
Canadians Are Buying A Record Number Of New Cars, With A Record Amount Of Financing Canadians aren’t just buying real estate, they’re also treating themselves to new cars. According to a new release from Statistics Canada, sales of new cars reached a record high for February. Great for automobile manufacturers, but not so great for […]
Vancouver Real Estate Prices Just Passed An All Time High Vancouver real estate quietly set a new record in April, although real estate boards aren’t exactly shouting it from the rooftop this time. MAY 5, 2017 Vancouver real estate prices continued to climb in April. Latest numbers from theReal Estate Board of Greater Vancouver (REBGV), […]