Urban Upgrade & NewInfills

NEW INSURED MORTGAGE OPTION FOR NEWLY BUILT HOMES: THE 411

Posted on Aug 02, 2024 in For 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...

A TONGUE-IN-CHEEK LIST OF CALGARY'S TOP NEIGHBOURHOODS

Posted on Aug 02, 2024 in All About Calgary

Calgary is an ever-growing city with a growing population, a growing marketplace, and growing neighbourhoods. The current tally of Calgary neighbourhoods sits at 206 as of August 2024, and the tally is expected to grow quite a bit in the not-so-distant future! We've all seen the lists of Calgary's top neighbourhoods based on overall likability, loc...

AUGUST 2024 MARKET UPDATE

Posted on Aug 01, 2024 in Market Updates

With the busy spring market behind us, we are starting to see some shifts in supply levels. With 2,380 sales and 3,604 new listings, the sales-to-new listings ratio fell to 66 percent, supporting a gain in inventory. Inventories rose to 4,158 units, still 33 percent below what we typically see in July, but the first time they have pushed above 4,00...