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Calgary's trusted source of real estate news, advice and statistics since 1983.

 

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A Calgary real estate Christmas list

Dec. 15, 2020 | Mario Toneguzzi


Stories Tagged - homebuilders

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April 03, 2020 | Andrea Cox

Better bargaining: why new-build homebuyers should hire a REALTOR®

Hiring a REALTOR® when purchasing a resale home seems like a no brainer, but many new-build homebuyers don't take advantage of this valuable resource.

Courtesy Sterling Homes

April 03, 2020 | Gerald Vander Pyl

Lay of the land: lot choice adds another variable to new-build purchase process

When you buy a home, you're also buying the lot, so it's important to make sure you pick the right lot for your needs.

Courtesy Mattamy Homes

March 27, 2020 | Andrea Cox

New-home purchase incentives put on hold, while builders and buyers take wait-and-see approach

As we head into what is traditionally one of the hottest seasons for real estate – with homebuilders launching purchase incentives, promotions, new communities and new showhome models – there is a distinct air of uncertainty due to the outbreak of COVID-19 sweeping the globe.

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March 20, 2020 | Barb Livingstone

Construction collateral: navigating the deposit process for new-build home purchases

A deposit is the first financial hurdle a homebuyer needs to clear when buying a pre-construction home.

That deposit is generally five per cent of a home's total value for a purchase of less than $500,000, but it can be as high as 20 per cent for a $1-million-plus home. Those funds are a pre-construction commitment to the builder to take that condo or single-family home off the market. That money also gets put toward your eventual down payment.

Courtesy StreetSide Developments

Oct. 16, 2019 | Barb Livingstone

Current new-condo purchase incentives focus on buyers' bottom lines

In a market flush with oversupply and lingering economic difficulties, condo builders need to stand out from the crowd to reach potential buyers.

While some offer trips to Las Vegas or New York to seal the deal, two of Calgary's longtime builders say the key to success in today's market is good developments with incentives that help a buyer's financial bottom line.

Courtesy Bucci Developments

Oct. 02, 2019 | Geoff Geddes

Too good to be true: With new-build condo fees, less is rarely more

Unless your haggling skills are rusty, you would never try to talk sellers up on their price. Yet, when it comes to condo fees on new-build units, going low could come at a high cost down the road.

Courtesy Hon Developments

Oct. 02, 2019 | Mario Toneguzzi

Despite oversupply, Calgary new-build condo market is moving in the right direction

For the past couple years, the Calgary condo market has been plagued by elevated inventory, but there has been some improvement in that area over the past year.

Let's look at some key stats that have defined the condo market so far this year in Calgary.

Courtesy Brookfield Residential

April 03, 2019 | Jim Zang

Builders cater to demand for multi-generational housing

Just what is a "single-family" home these days? The distinction is getting blurrier, as many families opt for multi-generational homes.

Courtesy Brookfield Residential

Dec. 06, 2017 | Mario Toneguzzi

The new reality

Calgary homebuilders adapt in the face of adversity

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.

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