NOVEMBER 2024 DEVELOPER REPORT
Posted on Nov 01, 2024 in Developer Reports
New infill sales resume their steady pace as they enter this year’s winter season.
Single-family new infills posted 30 sales during the month of October, up considerably from the 20 sales posted last month and more in line with the 29 sales recorded in November of last year.
Single-family new infill inventory has eased slightly to 145 active listings...
OCTOBER 2024 DEVELOPER REPORT
Posted on Oct 02, 2024 in Developer Reports
Single-family new infill sales trend lower as inventories continue to rise while new infill townhomes remain steady.
Single-family new infills posted 20 sales during the month of September, up from 16 sales recorded last month and down from the 27 sales recorded in September of last year.
Single-family new infill inventory has increased to 151 active...
KEY CHANGES TO THE R-CG ZONING BYLAW
Posted on Sep 05, 2024 in For Builders & Developers
Blanket rezoning was passed (with amendments) on a 9-6 vote earlier this year, and it is now officially in effect as of August 6th.
WHAT DOES THIS MEAN?
- R-CG is now the citywide base low-density residential zone.
- R-G is now the base low-density residential zone in developing areas.
- H-GO zoning has been implemented in areas identified in approved Local...
SEPTEMBER 2024 DEVELOPER REPORT
Posted on Sep 03, 2024 in Developer Reports
New infill sales ease, and inventories increase as Summer comes to an end.
Single-family new infills posted 16 sales during the month of August, down considerably from the 26 sales recorded last month and also down from the 33 sales recorded in August of last year. Single-family new infill inventory has increased slightly to 134 active listings for...
NEW COMMUNITY OPTIONS FOR INFILL DEVELOPMENT
Posted on Aug 19, 2024 in For Builders & Developers
NEW INSURED MORTGAGE OPTION FOR NEW BUILDS: THE 411
Posted on Aug 02, 2024 in For Infill Buyers
Starting August 1, 2024, homebuyers in Canada will have a new mortgage option available for newly built homes. This initiative, introduced by the Canadian Mortgage and Housing Corporation (CMHC), aims to support affordable homeownership by offering insured mortgages with a 30-year amortization period, when it was previously a 25-year amortization p...