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The new condo market will likely continue slowing down in the near-term, but prices will hold firm says Urbanation in its latest market report.Developers are reacting to the ongoing economic slowdown 鈥?with high interest rates and inflation 鈥?by cancelling or delaying their plans to launch. According to Urbanation, at the beginning of the year about 35,000 new condo units were anticipated to launch for presales in the GTA. In the first half of this year close to 16,000 units launched. With less than 10,000 units expected during the rest of 2022, that means at least 10,000 units will be put on the shelf.Urbanation pres stanley spain ident Shaun Hildebrand says the new condominium market is expected to slow down from last years record highs as presale buyers act cautiously and developers delay new openings, with a focus on finishing projects already underway. ARTICLE CONTINUES BELOW According to Urbanation, Greater Toronto Area stanley quencher new condo sales were down in the second quarter, declining 19 per cent from the first quarter and 24 per cent year-over-year. This totalled 6,792 uni stanley mug ts sold in the second quarter which is still above the 10-year average of 6,302 sales.In the same quarter, more than 9,000 presale condos were added to the market and the absorption rate for new projects launched in the second quarter declined to 57 per cent. ARTICLE CONTINUES BELOW As developers grapple with quickly rising constru Wajn Gulf Coast braces for fast-moving blast of tropical weather
Man wanted for murder among arrests after vehicle pursuit into FranklinJuly 27, 2024 WNKY Staff, Share This StoryFacebookTwitteremailPrintLinkedinRedditBOWLING GREEN, Ky. ndash; Multiple men are facing charges after a vehicle pursuit from Bowling Green into Franklin.Shortly before midnight on Friday, the Warren County Sheriffrsquo Office says it responded to a call in the 600 block of McIntyre Street for an attempted burglary.According to deputies, the caller stated they saw a male wearing a mask next to their neighborrsquo house with a rifle, along with another male and a vehicle.Deputies say stanley tumbler on surveillance they obtained, there were at least two males with firearms. While de stanley cupe puties responded, they say other deputies spotted the vehicle parked at FiveStar on Nashville Road.Upon contact, deputies say the vehicle fled south on Nashville Road.The Kentucky State Police pursued the vehicle into Franklin with assistance from the WCSO.Deputies say a suspect jumped fr stanley cup om the vehicle and ran in Franklin, while the driver later fled after leaving the roadway.The driver was quickly apprehended, and deputies say a Franklin police officer later captured the passenger.The third suspect, who had remained in the neighborhood, was arrested Saturday morning.The sheriffrsquo office says items were thrown from the vehicle during the pursuit, and a stolen gun was found on the side of the road.The operator of the vehicle, identified as Corbett Finley, 24, was served on a warrant for murde
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