August 2022

MOVING TOWARD NET ZERO HOMES

Posted on Aug 31, 2022 in Real Estate News



WHAT IS NET ZERO?


Net Zero [noun]
net-ze·ro | \ ˈnet-ˈzē-(ˌ)rō

:: A target of completely negating the amount of greenhouse gasses produced by human activity, to be achieved by reducing emissions and implementing methods of absorbing emissions (like excess carbon dioxide) from the atmosphere.

CALGARY’S GOAL: NET ZERO BY 2050

In November 2021, Calgary dec...

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WHAT RISING INTEREST RATES MEAN FOR YOU

Posted on Aug 05, 2022 in For Infill Buyers



If you follow the housing or economic markets, or if you are affected personally by the recent interest rate hike, you've heard the Bank of Canada raised its key lending rate by a full 1% or 100 basis points last month. While most experts predicted a 0.75% increase, the 1% jump shocked many.

The bank made the biggest one-time increase to the benchma...

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AUGUST 2022 DEVELOPER REPORT

Posted on Aug 03, 2022 in Developer Reports



Inventory levels for single and multi-family new infills remain steady while sales continue to steadily decline.

Single-family new infills posted 14 sales during the month of July, down from the 19 sales posted last month and considerably down from the 24 sales recorded in July of last year. Year-to-date single-family sales are sitting at 208, down...

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INFILLS WITH BASEMENT SUITES

Posted on Aug 01, 2022 in For Infill Buyers



Calgary's new infill market has been around since the late 1990s but has really taken off in popularity over the last 15 years. Until recently, however, it was extremely rare to see secondary suites in infills (especially legal ones!), primarily due to city zoning and development regulations. 

With changes to city policies on secondary suites in rece...

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