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Nerve Block Therapy Offers Hope for Migraine Sufferers

                           Calgary neurologist Dr. Serena Orr injecting a patient to help treat migraines.  Researchers in Calgary are spotlighting a promising treatment for people living with severe migraines: occipital nerve blocks . This approach involves injecting a small amount of anesthetic near the occipital nerves at the back of the head, which can interrupt pain signals and provide rapid relief. Neurologist Dr. Serena Orr of the University of Calgary has been at the forefront of this research, recommending updates to the American Headache Society’s guidelines for emergency departments. The new recommendations encourage doctors to consider nerve blocks as a frontline option for patients arriving with debilitating migraine attacks. Patients who have received the treatment report significant improvement. Some describe it as the first time they’ve been able to escape the crushing pain, nausea,...

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Canadian Home Sales Dip in May, Listings Show Modest Growth

 

Amid a somewhat sluggish market, Canadian home sales experienced a slight decline in May. According to data from the Canadian Real Estate Association (CREA), sales fell by 0.6% compared to April and were down 5.9% year-over-year. The average home price also dipped to $699,117, marking a 4% decrease from the previous year.

However, there’s a silver lining: the number of newly listed properties increased by 0.5% in May, signaling a modest uptick in listings. By the end of the month, approximately 175,000 properties were available for sale across the country, a substantial 28.4% increase compared to the same period last year. Despite this positive trend, it’s worth noting that listing levels remain below historical averages.

Economists are cautiously optimistic. The recent interest rate cut by the Bank of Canada (the first in over four years) may encourage buyers to re-enter the market. While the impact on affordability is still uncertain, further rate relief could set the stage for a stronger second half of 2024. As bond yields decline, we may see increased activity in June, striking a balance between lower mortgage rates and potential home price growth.

In summary, May was indeed a “sleepy month” for housing activity in Canada, but with interest rates playing a pivotal role, the market’s dynamics could shift in the coming months. Keep an eye on developments as we navigate this intriguing real estate landscape.



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