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CALGARY PASSES CITYWIDE RE-ZONING BYLAW WITH AMENDMENTS

Posted on May 15, 2024 in Real Estate News

Blanket rezoning has been passed with a 9-6 vote, but with some amendments to the original proposal. On Tuesday, May 14th, a record-breaking City Council meeting adjourned after 16 days leading to the long-awaited decision from Calgary's lawmakers. Rezoning has been a hot topic since it was first proposed in 2023, and as suggested by the longest ev...

PROPOSED BLANKET REZONING: WHAT IT ALL MEANS

Posted on Feb 22, 2024 in Real Estate News

In Autumn 2023, Edmonton passed huge residential zoning changes, leading many Calgarians to believe a similar bylaw would likely be passed in Calgary. As expected, it didn't take long for one to be proposed before Calgary City Council, and residents have a lot of polarizing opinions on the matter. It would mean a lot of changes for our city if this...

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...

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...

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...

IS CALGARY AT RISK FOR RENTAL CONTROLS?

Posted on Sep 08, 2023 in Real Estate News

Rent in Calgary is becoming unaffordable for many local residents and newcomers alike. With our beloved city now experiencing a housing crisis due to lack of inventory and strong demand, many renters have been feeling the pinch. Rental rates have gone up approximately 40% in the last few years (depending on property type), but wages/earnings have n...

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