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Stories Tagged - Single Family

Courtesy of Prairie Sky Cohousing

Dec. 09, 2020 | Natalie Noble

Stronger together: the surging popularity of cohousing communities across Canada suggests isolation may define our current reality, but it won't define our future

As Calgarians continue to navigate the challenges of an intense economic downturn and a global pandemic – in addition to the standard curveballs life tends to throw one's way – many are re-evaluating their priorities in hopes of a brighter future.

As people tire of self-isolation and its negative health impacts, the idea of cohousing is becoming more attractive than ever. Imagine neighbourly, small-town friendliness meets convenient city living; the privacy and independence of single-family living, but with added space and social amenities available in the form of shared common areas; and a diverse mix of residents, from retirees to young families.

Cochrane's Men of Vision statue looks out over the town, where COVID-19 has fuelled an increase in home sales this year.
Courtesy of the Town of Cochrane

Nov. 20, 2020 | Josh Skapin

COVID-19 is boosting home sales in Calgary suburbs, surrounding areas – will that momentum last?

With many people trading in their downtown commute for a home office due to the COVID-19 pandemic, proximity to the city centre has been less of a priority for house hunters this year.

In fact, a new emphasis on creating comfortable, productive workspaces within the home and the reduced importance of living anywhere near the office have increased buyer interest in areas just outside Calgary's city limits – where prices are lower and space is plentiful.

The groundbreaking ceremony for the new community of Alpine Park. Stakeholders on hand for the event included Mayor Naheed Nenshi. 
Courtesy of Dream Unlimited

Aug. 28, 2020 | Barb Livingstone

New southwest Calgary community brings inner-city mentality to the suburbs

By early 2022, the first of Alpine Park's eventual 10,000 residents will be moving into a mixed-use community at the heart of a new type of Calgary suburb.

The 113-hectare D’Arcy development by United Communities in Okotoks will be  bounded on the north by the town boundary, on the south by Sandstone Gate, on the east by Northridge Drive, and on the west by the D’Arcy Ranch golf course. Photo courtesy United Communities.

Nov. 15, 2016 | Marty Hope

Cultivating new roots

Two historic parcels of Okotoks land to be redeveloped for future generations

Once homesteading land for the D'Arcy and Wedderburn families, two historically significant properties in north Okotoks are to be redeveloped for a new generation of families.

United Communities has purchased approximately 178 hectares of farmland on both sides of Northridge Drive as sites for a pair of mixed use communities — simply to be called D'Arcy and Wedderburn.

May 18, 2016 | CREBNow

Weak conditions expected to dampen housing starts

CMHC forecasts slowdown in new home construction

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.

New home construction declined overall in Alberta by 19.3 per cent in January 2016 over last year, according to Statistics Canada. CREB®Now file photo

March 24, 2016 | CREBNow

Alberta new home construction slows in January

New homes construction in Calgary fell by 19.3 per cent in January

According to Statistics Canada, investment in new housing construction declined overall in Alberta by 19.3 per cent in January 2016 over last year.

Spending in the province decreased in all dwelling types except apartment and apartment-condominium buildings, which rose 22.5 per cent to $195 million.

With spending falling from $849.5 million to $685.4 million, Alberta's drop was the largest decline nationwide, with Saskatchewan's 30 per cent decline amounting to a cut of just $30 million.

Altus Group expects Calgary's apartment sector to be hit the hardest this year. CREB®Now file photo.

March 05, 2016 | Cody Stuart

Housing starts to fall in 2016-17: Altus Group

Apartment to be most affected, says forecast

Calgary construction is expected to slow down this year and next, according to a new forecast from real estate consultant Altus Group.

Detailed in the group's winter forecast, starts in Calgary are predicted to drop from 13,000 in 2015 to 9,200 in 2016 and 9,000 the following year as a result of the province's struggling energy sector.

Nov. 30, 2015 | Carl Patzel

Airdrie approves new lake community

Lanark to house nearly 3,300 residents

Airdrie has approved the first phase of a neighbourhood structure plan in the city's southeast that will be the future home for nearly 3,300 residents.

Dubbed Lanark, the lake community will be located on a 66-hectare parcel of land south of Ravenswood and east of King's Heights and feature more than 1,200 units.

Developer Melcor Development envisions Lanark becoming Airdrie's first fresh-water lake community.

Friday night lights

Dec. 01, 2014 | CREBNow

Stats: Price growth slows in Calgary

Improving inventories help ease price growth pressure

AnnMarieCalgary's residential resale housing market posted relatively strong November activity reaching 1,782 units, a three per cent increase over the previous year, and nearly 13 per cent above long term averages.

"Relative to other major centres, economic growth in Calgary remains one of the strongest in the country," said CREB® chief economist Ann-Marie Lurie. "Employment opportunities and relatively higher wages have encouraged people to move here, supporting the demand growth in our housing sector."

Meanwhile, new listings growth continues to outpace the gains in sales, supporting a 22 per cent year-over-year rise in November inventories to 3,849 units. While inventories have recorded significant gains, they remain below long-term averages for the month.

Oct. 29, 2014 | Cody Stuart

Moving northwards

Airdrie's housing market on pace for record year

Housing affordability and changing lifestyle choices are fueling double-digit growth in Airdrie.

The city's residential resale housing market recently posted its best third quarter ever, with sales activity jumping 16 per cent to 455 units between July and September, according to CREB®. Year-to-date sales, meanwhile, have increased by 28 per cent to 1,354 units compared to the same period in 2013.

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