Tag Archives: Housing
Housing affordability, lifestyle key reasons people are increasingly opting for remote Australia
Lifestyle The idea of moving from a bustling city to some of the most remote areas in Australia is not for everyone.But with a rising of cost-of-living, more people are opting for a tree change in search of a country lifestyle and cheaper housing.Caitlin Buckle, lecturer in City Planning at the University of NSW, says over the past few years people's attitudes towards migrating regionally have changed."There is a sense that COVID may have caused a bit of a reconsideration about life priorities and influenced people to want to try something a little bit different," Dr Buckle says.Living a 'farm-life' dreamDeb and Ian Green, along with their two dogs Carlos and Misty, called Silverton home three months ago. (ABC Broken Hill: Grace Atta)Deb and Ian Green came across Silverton during a caravan trip across...
TRREB: GTA Housing Market Becoming More Affordable
Top Stories Tamfitronics Author of the article:Published Sep 05, 2024 • 2 minute readAugust 2024 GNWTORONTO, Sept. 05, 2024 (GLOBE NEWSWIRE) — Greater Toronto Area (GTA) home sales were down on a year-over-year basis in August 2024. New listings were up slightly over the same period. While the region’s housing market remained well-supplied in August, average home prices only edged slightly lower compared to August 2023.“The Bank of Canada’s rate cut announced on September 4 will lead to a further improvement in affordability, especially for those using variable rate mortgages. First-time buyers are especially sensitive to changes in borrowing costs. As mortgage rates continue to trend lower this year and next, we should experience an uptick in first-time buying activity, including in the condo market,” said Toronto Regional Real Estate Board (TRREB) President Jennifer Pearce.THIS...
Housing slump hits groundworks contractor’s bottom line
Top Stories Tamfitronics Profit at groundworks firm M&J Evans slipped last year amid a slowdown in housebuilding, according to its latest accounts.The Walsall-based firm, ranked 49th in the CN100 2023 table of top contractors, posted a pre-tax profit of £2.2m for the 2023 calendar year from turnover of £334.3m.Both figures represented a steep decrease from revenue of £405.8m and pre-tax profit of £23.4m the year before.Chief executive Chris Southgate described a “challenging year” marked by “a considerable reduction” in demand for residential groundworks and increased borrowing costs as interest rates rose.He added that the resulting “operational inefficiencies”, combined with unrecovered “significant” inflation-related costs from clients, caused the firm’s margin to shrink from 5.8 to just 0.7 per cent.M&J Evans remained free of bank loan debt and had cash at hand of £18.2m at the end...
Over 1000 Kids Move Out of Motel Housing | Mirage News
Top Stories Tamfitronics Tē tōia, tē haumatia - Nothing can be achieved without a plan and way of doing things.The Government's plan to end the large-scale use of emergency housing is working, with new figures showing a 32 per cent reduction in the number of households living in motels, Associate Housing Minister Tama Potaka says."Emergency housing is one of the biggest public policy failures we've ever seen in New Zealand, growing from a few families using it for brief periods into a situation where thousands of tamariki were growing up in motels," Mr Potaka says."National promised change and in Government we are delivering it, with more than 1000 tamariki moved out of motels and into homes under our watch."From last December to June this year, the total number of households living in emergency housing has...
