Skip to main content

Featured

Tragedy Strikes at Turkish Ski Resort: 66 Dead, 51 Injured in Hotel Fire

A devastating fire engulfed the Grand Kartal Hotel at the popular Kartalkaya ski resort in northwestern Turkey early Tuesday morning, claiming at least 66 lives and injuring 51 others. The fire, which broke out around 3:30 a.m. local time in the hotel's restaurant section, spread rapidly, trapping guests on the upper floors. Guests, many of whom were families on holiday during the school semester break, faced harrowing conditions as they tried to escape the flames. Some resorted to jumping from windows in a desperate attempt to flee the blaze, while others used sheets and blankets to climb down from their rooms. The hotel's fire detection system reportedly failed to operate, adding to the chaos and confusion. Emergency services, including 30 fire trucks and 28 ambulances, were dispatched to the scene, but the fire's intensity and the hotel's chalet-style wooden exterior hampered firefighting efforts. The Turkish government has launched an investigation into the incident...
Post a Comment
Read more
Labels

Is Now the Time to Invest in Your Dream Cottage? Experts Predict a 4.5% Drop in Cottage Prices Across Canada in 2023

The Canadian cottage market has been on a rollercoaster ride for the past two years, with prices soaring to unprecedented heights. However, the market is now starting to stabilize, and experts predict a 4.5% dip in cottage prices across the country in 2023. This forecasted drop in prices could be attributed to general consumer inflation and a severe lack of inventory, which has dampened sales activity.

Despite the market stabilizing, buying a cottage is still expensive, with prices remaining 32% higher than pre-pandemic levels. However, with the predicted price drop, now could be the perfect time for buyers to pounce and invest in their dream cottage.

If you’re considering buying a cottage, it’s essential to keep in mind that prices vary across the country. For instance, in Ontario, the aggregate price of a waterfront property increased by 8.9% in 2022, compared to 2021. In contrast, Quebec saw a 17.3% increase in the aggregate price of a waterfront property in 2022.

In conclusion, with the predicted price drop in 2023, now could be the perfect time for buyers to invest in their dream cottage. However, it’s essential to keep in mind that prices vary across the country, and it’s crucial to do your research before making any investment decisions.

Title: 

Labels:

Comments

Post a Comment

Popular Posts