A small lakeside development near Sylvan Lake will be developed in two pieces to address concerns raised about potential impact on waterfowl and fisheries.

Construction of single-family houses in Red Deer tailed off in July, relative to the same month in 2009.

Sellers are facing more empty open houses and fewer bids on their homes, but experts say buyers shouldn’t expect to see a retreat from record-high home prices when July housing data is released Monday.

Canadians’ dream of owning a cottage or other piece of recreational property just won’t die, regardless of the state of the economy, rising taxes and interest rates, and more stringent mortgage requirements.

MONTREAL — Home buyers can expect more choice and lower prices in the second half of 2010, while sellers can expect fewer offers for their homes, says one of Canada’s leading real estate brokers.