October 2023

ALL ABOUT CALGARY'S GREEN LINE

Posted on Oct 27, 2023 in Real Estate News



All aboard the Green Line! Ok, it may be a few years before we can board Calgary's highly anticipated Green Line, but rest assured planning and construction are well underway. With the City's population expected to double by 2076, this is a vital infrastructure project that will help maintain the quality of life we've all come to love and expect. A...

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EDMONTON PASSES ZONING CHANGES - IS CALGARY NEXT?

Posted on Oct 25, 2023 in Real Estate News



It's making local headlines, but if you haven't heard, Edmonton passed its latest revised zoning bylaw. In a city council vote of 11-2, the majority voted in favour of ending so-called "exclusionary" zoning, which limited many residential zones to single-family only. Starting next year, Edmontonians will be able to build 3-storey apartments, townho...

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WHY TOWNHOME CONSTRUCTION IS BOOMING

Posted on Oct 16, 2023 in Real Estate News



We've talked a lot about Calgary's housing crisis this year, and we're starting to see more and more ramifications as 2023 is winding down. The latest shake-up relates to the decline of demand for single-family homes and the increase of demand in townhomes and multi-units. Row house construction is up 37% in Calgary as builders and buyers alike see...

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OCTOBER 2023 DEVELOPER REPORT

Posted on Oct 02, 2023 in Developer Reports



Single family new infill sales remain steady throughout September while new infill townhome sales hit the brakes as existing inventory lacks affordability for most townhome buyers.

Single-family new infills posted 27 sales during the month of September, down from the 33 sales recorded last month, however up considerably from the 17 sales recorded in...

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WHY BUILD AN INFILL WITH A SUITE

Posted on Oct 02, 2023 in For Builders & Developers



Since the City of Calgary relaxed the bylaw to allow for suites in infill properties, legal basement suites seem to be getting more and more popular by the day. Many new homes, especially infills, are now including them, so as a builder/developer, it's worth exploring the option of adding a secondary suite to your next project. Here's why we think...

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