Stories Tagged - homebuilders
Dec. 06, 2017 | Mario Toneguzzi
There's no question that demand in the Calgary housing market eased following the collapse of oil prices in late 2014.
The impact of that global event sent shockwaves through the local economy, as thousands of people lost their jobs through two brutal years of recession in 2015 and 2016.
A slowing economy and job uncertainty always have an impact on the housing market, and the city saw a corresponding ease in home demand.
However, Calgary's homebuilders have been resilient and creative.
Jan. 10, 2017 | Barb Livingstone
"Turbulent." That's how the head of Calgary's homebuilders and developers group describes the new housing market in 2016.
"Recovery," said Allan Klassen, chair of the recently merged Canadian Home Builders' Association—Urban Development Institute Calgary (CHBA-UDI Calgary).
Dec. 02, 2016 | Barb Livingstone
As the federal government moves closer toward a national strategy on housing, key Alberta stakeholder groups say recognition of different local and regional challenges is critical to any policy changes.
"We are encouraged the federal government is doing this, but we are hoping its actions will be localized," said Kevin McNichol, vice-president of strategy for the Calgary Homeless Foundation, leader of the city's plan to end homelessness.
"In Calgary, we have the highest median income in the country, so it might be easy to overlook us. But we also have the lowest rate of affordable housing in Canada."
Dec. 16, 2016 | CREBNow
Marissa Toohey has one of the better views of Calgary's housing industry – and we're not talking about the one out of her living room. As manager of government relations and committees for the Calgary Region at CHBA - UDI Calgary Region Association. Toohey works closely with municipalities in the broader region on matters impacting the building and development industry.
CREB®Now recently had the opportunity to sit down with her to chat about everything from affordable housing to a national housing strategy. Here's what she had to say:
Oct. 14, 2016 | Barb Livingstone
Over the past four months, one-third of the 11 sales at the luxury Creekstone condo project in Canmore's Spring Creek development have been to foreign buyers.
And while there have been no purchasers from China — yet — developer Frank Kernick said it is "just a matter of time" before they come.
Sept. 30, 2016 | Joel Schlesinger
Carla Berezowski looks at many of Calgary's new neighbourhoods from the last decade and sees missed opportunities.
A specialist in barrier-free design, the consultant works mostly with aging Calgarians, retrofitting their homes to accommodate mobility needs.
"People are usually reacting to a situation like, 'My mom fell' and they want to make their house accessible to accommodate aging parents," said Berezowski, owner of Aging in Place Calgary.
Sept. 19, 2016 | Alex Frazer Harrison
For Jennifer Weisgerber and Ian Muller, both 25, buying – and building – their first home has been the most important decision of their lives.
Muller, who installs fire sprinklers, and Weisgerber, who works for a company that sells parts for road construction, rented a townhome in Okotoks for five years. Last January, they signed with Morrison Homes to build a 1,700-square-foot three-bedroom home in the southeast Calgary community of Auburn Bay.
July 19, 2016 | Alex Frazer Harrison
The national standards that inform provincial building codes have received their twice a decade overhaul, however some of the changes may not take effect in Alberta for a awhile.
Every five years, Codes Canada (formerly the National Model Construction Codes), under National Research Council Canada, is updated to reflect changing needs and demands in residential and building construction. The 2015 edition includes approximately 600 changes to building, fire and plumbing codes.
Among the major changes to building codes is an increase in the minimum run dimension on interior stairs (the depth of the step) from 210 mm to 254. André Laroche, manager of regulatory solutions for Codes Canada, says this increase may reduce falls by as much as 64 per cent.
June 11, 2016 | Miles Durie
It's a typical evening at home. Netflix is streaming on the big screen; the kids are downstairs playing on online game while blasting tunes from Spotify or Apple Music.
Mom is at her laptop catching up on some work through a VPN connection to her company's internal network, while dad's watching YouTube on his smartphone. Someone's probably checking Facebook, too.
And most, maybe all, of this is happening without a wired connection.
Wireless Internet is everywhere in our homes, but homeowners may rely in it more than they need to, say industry experts.
May 18, 2016 | CREBNow
Calgary housing starts are forecast to decline for the second consecutive year in 2016, according to a new report.
In its semi-annual housing market outlook released today, Canada Mortgage and Housing Corp. (CMHC) noted reduced investments and layoffs in the energy industry due to low oil prices have spread and have impacted labour market conditions across many different industries. Elevated unemployment rates will slow down migration and income growth, while employment is expected to decline. As a result, housing demand will continue to deteriorate this year.
This, combined with a rise in inventory, will reduce the pace of new home construction. Total housing starts in 2016 will range between 8,400 and 9,400 units, down from 13,033 units in 2015.