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The revised SSD will not affect HDB owners due to the Minimum Occupation Period for HDB flats, MND said. The SSD is payable by those who sell a residential property within a specified period after purchase. In 2017, this period was reduced from four to three years, and the SSD rates were also reduced by…
As Massachusetts Gov. Maura Healey prepared to roll out her annual budget in January, she pre-announced plans to include a measure outlawing renter-paid broker’s fees. On Wednesday, she announced before taking final action on the $61 billion state budget she received Monday that she’ll agree to a similar measure passed by lawmakers. The governor has…
A completed planned development is seen in Ashburn, Virginia, on Aug. 14, 2024. Andrew Caballero-Reynolds | AFP | Getty Images Mortgage rates fell last week to the lowest level since April, leading current homeowners to seek savings. Applications to refinance a home loan rose 7% last week compared with the previous week, according to the…
Solar-powered revamp hailed as blueprint for sustainable living in social housing A GROUNDBREAKING retrofit project has transformed a block of sheltered flats in Kirkintilloch – cutting carbon emissions, halving energy bills. An ambitious £2.1 million energy upgrade at Kelvin Court has been named Large Scale Project of the Year at the prestigious Scottish Energy Efficiency…
Higher mortgage rates and uncertainty in the broader economy continue to weigh on consumers — and consequently on the nation’s homebuilders. Builder sentiment in June dropped 2 points from May to 32 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Anything below 50 is considered negative. The index stood at…
Vancouver city council has unanimously approved an amendment to the city’s 20-year Granville Street Plan aimed at shaking up SRO housing in the area. The amendment directs staff to work with BC Housing and the province to offer up city-owned sites to replace existing single room occupancy (SRO) and supportive housing units in the non-residential…
After several years of deep distress, the beleaguered U.S. office market has reached an inflection point. This year, office conversions and demolitions will exceed new construction for the first time in at least 25 years. Simply put, more office space is being removed than added, shrinking the overall office footprint, according to exclusive new data…
Colorado municipal leaders will soon be able to temporarily take control of chronically dilapidated apartment buildings under new legislation signed into law this week that was inspired by a now infamous group of properties in Denver and Aurora. Senate Bill 20 gives cities and counties explicit authority to pursue civil actions — like fines or…
Toronto landlords are trying to lure in tenants with rent-free months, complimentary Wi-Fi and $500 gift cards amid an unprecedented supply of condos and lower rents. Real-estate market experts say the fierce competition – which extends beyond the Greater Toronto Area – is giving renters more negotiating power, echoing trends last seen during the COVID-19 pandemic. Two…
While many Canadians are having financial troubles, no where are they more acute than in Ontario, according to a new report from Equifax. The company, which monitors consumer credit, says Ontario’s mortgage delinquency rate rose to 0.24 per cent in the first three months of 2025, a massive 71.5 per cent increase from that same…
