DEVELOPING Live updates: Category 5 Hurricane Milton approaches Florida coast
Hurricane Milton is a Category 5 storm forecast to bring extreme flooding, high winds and heavy rain to the central west coast of Florida.
A new report says condo inventory is on the rise in most major Canadian markets as more sellers are listing their properties in anticipation of growing demand from buyers.
The report by Re/Max Canada, which examined condominium activity from January to August of this year, found B.C.'s Fraser Valley led year-over-year inventory growth at 58.7 per cent, followed by the Greater Toronto Area at 52.8 per cent and Calgary at 52.4 per cent.
While most regions saw sales decline from last year over the eight-month period, Edmonton posted a 36.7 per cent sales increase, with 3,351 properties changing hands. The GTA, Greater Vancouver and Fraser Valley each recorded sales declines of more than eight per cent.
Re/Max Canada president Christopher Alexander says by spring of next year, "pent-up demand is expected to fuel stronger market activity, particularly at entry-level price points," after high interest rates and stringent lending policies kept many buyers on the sidelines.
The report warns that Toronto, where oversupply and lagging demand have plagued the condo market, may be the last market to emerge from sluggish conditions.
The GTA was the only region where average condo prices declined year-over-year — a 1.9 per cent drop to $732,648 — over the period, while Calgary led the way for average price growth of 15 per cent to $347,203.
This report by The Canadian Press was first published Oct. 9, 2024.
Hurricane Milton is a Category 5 storm forecast to bring extreme flooding, high winds and heavy rain to the central west coast of Florida.
COVID-19 could be a powerful risk factor for heart attacks and strokes for as long as three years after an infection, a large new study suggests.
The federal government introduced a number of measures related to housing on Tuesday, which include measures for homeowners wanting to add a secondary suite, taxing vacant land and building homes in place of underused federal properties.
An organization that ranks the best universities across the globe says its latest report shows a concerning trend that several of Canada’s institutions are slipping down its list.
Andrew Garfield’s ability to so lovingly and poetically express his grief for his mother, Linda, who died of pancreatic cancer in 2019, offers a gift of connection, and, perhaps, catharsis, to anyone experiencing loss.
Hurricane Milton churned Wednesday toward a potentially catastrophic collision along the west coast of Florida, where some residents insisted they would stay after millions were ordered to evacuate and officials warned that stragglers would face grim odds of surviving.
One in eight women will be diagnosed with invasive breast cancer in their lifetimes, according to the American Cancer Society. Breast cancer is the second leading cause of cancer death for women in the United States, with 42,000 women dying every year from this cancer.
A British Columbia provincial court judge says a Boston Bar man who shot a teacup Chihuahua named Bear claiming it was menacing his chickens was not justified in killing the animal.
The minority Liberal government is not considering proroguing Parliament, Deputy Prime Minister Chrystia Freeland said Tuesday, despite persisting uncertainty over who is willing to keep propping them up and procedural wrangling over a Conservative led-privilege debate.
Have you ever seen videos of hovercrafts online or on TV and thought, 'Wow, I wish I could ride one of those.' One Alberta man did, and then built his own.
Saskatchewan’s Jessica Campbell has made hockey history, becoming the first ever female assistant coach in the National Hockey League (NHL).
A B.C. couple is getting desperate – and creative – in their search for their missing dog.
Videos of a meteor streaking across the skies of southern Ontario have surfaced and small bits of the outer space rock may have made it to land, one astronomy professor says.
A unique form of clouds made an appearance over the skies of Ottawa on Sunday evening.
Bernie Hicks, known as the ‘Batman of Amherst,’ always wanted to sit in a Batmobile until a kind stranger made it happen.
Bubi’s Awesome Eats, located on University Ave West took to social media to announce the closure on Friday.
Weeneebayko Area Health Authority and the Government of Ontario have awarded a $1.8 billion fixed-price contract to design, build and finance a new Far North hospital.
Manitobans are in cleanup mode after intense winds barreled through southern parts of the province this weekend.