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...
AUGUST 2024 DEVELOPER REPORT
Posted on Aug 02, 2024 in Developer Reports
New infill sales hold steady through the first half of Summer.
Single-family new infills posted 26 sales during the month of July, up slightly from the 23 sales recorded last month and nearly on par with the 25 sales recorded in July of last year.
Single-family new infill inventory has declined slightly, to 123 active listings for sale, from 125 acti...
CALGARY Q2 2024 MARKET UPDATE
Posted on Jul 22, 2024 in Market Updates
The...