IanO
Superstar
For comparison
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- Thread starter Daveography
- Start date
Avenuer
Senior Member
Good to see our market isn't over inflated like Calgary's...yet. I feel that will change next year, especially once interest rates start ticking down. There is a marked drop in Downtown sales in Calgary, quite a bit actually between Q2 and Q3.
IanO
Superstar
Q3 traditionally tends to trail off versus Q1 and Q2 in most markets.
TAS
Senior Member
....which the City is going to apparently use for general revenue (pay retroactively for the zoning renewal), my guess is to lower tax increase this year.
@Avenuer posted we would be getting $175M federal housing grant. Feds were announcing grants every second day there for a while.
I think Nov. 30 was mentioned for the announcement date here. I don't think it happened?
Any idea when that is coming?
Avenuer
Senior Member
lol the Feds pushed back the announcement for some reason, they seem to always do that lately. It is coming tho
archited
Senior Member
It might well be aligned with some other program and a combined announcement since Edmonton is one bright spot for Western Canadian initiatives for the Liberal government.
TAS
Senior Member
This would be another positive move on housing by the federaL government expected to be announced tomorrow - as long as it's multi unit housing as option, too. Or just seeing smaller lots created with smaller houses like we see in McCauley for example - lots of half lots there..
globalnews.ca
Liberals to revive ‘war-time housing’ blueprints in bid to speed up builds - National | Globalnews.ca
The Liberals plan on restarting a war-time housing program in their latest attempt to ease the high cost of housing across the country.
globalnews.ca
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TAS
Senior Member
Interesting choice of cover photo for this Oliver condo listing.
www.edmontonrealestate.pro
# 503 10028 119 Street Nw, Edmonton Property Listing: MLS® #E4367648
Step into your future with this architecturally brilliant high rise located in the vibrant heart of Oliver! Boasting 1089 sq ft of living space, this home radiates a loft-inspired ambiance with its 9ft ceilings and expansive floor-to-ceiling windows. The layout is an ideal two bedrooms and two...
www.edmontonrealestate.pro
IanO
Superstar
Indeed.
$348/sqft for Illuminada. Damn.
$348/sqft for Illuminada. Damn.
IanO
Superstar
IanO
Superstar
Zonda Urban
Is that showing residential vacancy downtown? 11.8% seems awfully high.
MacLac
Senior Member
Don’t even look at this Fox News type of literature…..apparently YYC vacancy rate is only 3% from a high of 35%! Huh?!
IanO
Superstar
This is residential, not commercial...
Kosy123
Active Member
Yeah and this is in contrast to what the CoE had with that residential/office conversion grant report along with that one snippet from Urban Affairs stating that the double digit vacancy went down to 5%.
Like genuinely are we missing something here? Because from some anecdotal experience, finding a rental in the core is starting to be a bit more difficult in comparison to last year.