THE NEWINFILLS BLOG

OUR LATEST BLOG ARTICLES

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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THE DEBATE ON FIXED VS VARIABLE RATES

Posted on Jul 18, 2022 in For Infill Buyers



Prospective home buyers must make many decisions while shopping for a home. What neighbourhood to live in? How many bedrooms? How much should they spend? However, one of the most important yet overlooked decisions is what kind of interest rate to get: fixed or variable?

Most homebuyers are not overly familiar with mortgage lingo or the differences b...

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BEST INFILL UPGRADES FOR SPEC HOMES

Posted on Jul 06, 2022 in For Builders & Developers



When you're building an infill on spec, choosing the right amount of upgrades is incredibly important.


An infill that is under-built for the market can often sit unsold, consistently being overlooked by buyers in favour of more upgraded alternatives. An under-built home often sells at a price well under expectations, which impacts a builder's profit...

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JULY 2022 DEVELOPER REPORT

Posted on Jul 05, 2022 in Developer Reports



Sales activity and inventories in both the single-family and townhome sectors remain steady compared to last month but continue to indicate a slowing market compared to the intense first quarter of 2022. Following a similar trend to the overall Calgary market, rising interest rates over the last few months have continued to impact both the single-f...

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