NewInfills.ca - Recent Articles

NEW COMMUNITY OPTIONS FOR INFILL DEVELOPMENT

Posted on Aug 19, 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, making R-CG the citywide base low-density residential zone. Under R-CG zoning, detached and semi-detached properties are permitted to be used without a minimum lot size, meaning that traditional detached and semi-detac...

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

City of Calgary, July 19, 2024 - The Calgary Real Estate Board (CREB®) has released its Q2 2024 housing market report, providing an overview of the real estate landscape in Calgary and surrounding areas. The report showcases trends in sales and pricing, offering valuable insights for industry professionals and prospective homebuyers and sellers.

The...

JULY 2024 DEVELOPER REPORT

Posted on Jul 03, 2024 in Developer Reports

New infill sales see a significant decline as inventory levels begin to inch upward.

Single-family new infills posted only 23 sales during the month of June, down from 47 sales recorded last month and down from 35 sales recorded in June of last year.

The single-family new infill inventory has increased slightly to 125 active listings for sale from 11...

SHOULD I BUY BEFORE SELLING?

Posted on Jun 04, 2024 in For Infill Buyers

Should you buy first or sell first? Sometimes this feels a bit like asking whether the chicken or the egg came first. The answer to the buy/sell dilemma has so many variables attached to it, but it's definitely not a hopeless loop of circular reasoning if you look at the current market. And perhaps if we remove the should or should not vocabulary a...

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