Category: Uncategorized
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Happy Valentine’s Day
Valentine’s Day occurs every February 14 around the world, and candy, flowers and gifts are exchanged between loved ones, all in the name of St. Valentine Valentine greetings were popular as far back as the Middle Ages, though written Valentine’s didn’t begin to appear until after 1400. By the middle of the 18th, it was…
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Global Mortgage Service Market Poised for Growth
The global Residential Mortgage Service market is growing with advancements in technology and government investment. The market is driven by increasing demand for affordable loans and a variety of mortgage options.
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Why Late-Q4 Became Canada’s Hottest Housing Market
Canadian real estate shows unexpected December surge, challenging usual seasonal slowdowns. Limited supply drives price increases as buyers expect higher costs in the coming year.
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Edmonton affordability still a 2025 commercial real estate factor
Edmonton's 2025 commercial real estate market is anticipated to experience increased demand for rentals, a shift to higher-quality office spaces, and strong industrial sector growth. The office vacancy rate may rise to 23.6%, but landlords investing in upgrades could see more leasing activity. Despite Downtown challenges, the industrial market shows good absorption and limited supply,…
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New Taxes and Increases Coming to Alberta in 2025
Starting Jan. 1, a provincial vaping tax will raise product prices by ↑ ~20% in Alberta. In early 2025, electric vehicle owners will pay a $200 provincial tax upon registration.
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BMO Reinstates Stress Test for Uninsured Mortgage Switches
BMO's Change: Reinstates OSFI stress test for uninsured switches after briefly removing it. Qualification Rules: Borrowers must qualify using the higher of 5.25% or contracted rate + 2%.
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Canada’s Housing Market Sees Strong Fall Close
Lower interest rates and expectations of further cuts are fuelling strong homebuying activity across Canada.November data shows strong market performance, with resales and prices rising from October across major areas.
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Why Alberta’s Home Insurance Costs Soar
Alberta homeowners face soaring home insurance premiums, fuelled by rising construction costs and severe weather disasters.Residential construction costs in Alberta surged 73% in five years, far exceeding the national average of 66%.
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City sends property assessment notices to more than 430,000 owners
Property owners in Edmonton have received their annual property assessment notices, reflecting the city's estimated property values as of July 1 of the previous year. The city issued over 430,000 notices, which will influence monthly tax payments starting in July. A 6.1% property tax increase for 2025 has been approved by the city council. The…
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10 Edmonton neighbourhoods we’d like to move to in 2025
As 2025 approaches, several Edmonton neighborhoods stand out for their charm and community spirit. Bonnie Doon is known for its quiet atmosphere and amenities, while Westmount is celebrated for its vibrant market and cultural scene. Terwillegar offers recreational facilities, Griesbach features historic charm, and Highlands boasts beautiful homes. Capilano provides river valley access, and Old…