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A Calgary real estate Christmas list

Dec. 15, 2020 | Mario Toneguzzi


Stories Tagged - homebuilders

Brett Taylor is owner of Red Tree Custom Homes and shows a three-storey townhome show suite in Montgomery on 4727 17th Ave. N.W. Taylor said a third floor provides space for luxury features. Photo by Lindsay Holden/For CREB®Now.

Feb. 26, 2016 | Lindsay Holden

Lucky number three

Inner-city homeowners look up, not out

Good things come in threes – or so goes the superstition.

Calgary's homebuilding industry seems to have taken this to heart, with three-storey infill homes emerging as a solution to what experts say is growing demand for "vertical" detached living options in inner-city communities.

"It is very cost effective to build up versus build out," said Ron Butler, president of New West Luxury Estate Homes, which builds about 10 infills per year. "And building out is not an option given the limits of the lot."

The City of Calgary currently limits the amount of land a home can occupy in a given lot, ranging from 40 to 50 per cent, depending on its zoning and size. Three-story homes provide a solution to providing additional living space where that ratio is already being tested, said Butler.

Feb. 26, 2016 | CREBNow

Alberta posts largest new housing spending decline

Construction falls by $135 million

Alberta homebuilders were a little more cautious in January, as new housing construction fell by $135 million in January compared to the same month last year, according to Statistics Canada.

By percentage, Alberta's 16 per cent decline placed it around the middle when compared to other provinces (spending in Saskatchewan fell by 31 per cent). Based on dollar figures, however, the provincial decline was tops in the country.

Nationally, spending on new residential building construction totalled $3.9 billion in December, up 4.8 per cent from the same month a year earlier.
Mattamy unveiled its first net-zero home in Cityscape late last year. Pictured, from left, is Andy Goyda of Owens Corning Canada with Mattamy Homes representatives Don Barrineau, Brad Carr and Warren Saunders, as well as Donna Moore of the Canadian Home Builders’ Association - Calgary Region and 
Salvatore Ciarlo of Owens Corning Canada.

Dec. 06, 2015 | Cody Stuart

Zero sum

Mattamy Homes opens first Calgary net-zero home

Even though it's nearly winter, Calgary just got a little greener.

Mattamy Homes, North America's largest privately owned homebuilder, has opened its first net- zero home in the city.

The first of five such homes set to be added to the northeast community of Cityscape are part of a national project that will double the number of net-zero homes – energy-efficient residences that generate as much energy as they consume on an annual basis – in Canada.

Nov. 09, 2015 | CREBNow

Calgary housing starts up slightly in October

Pace of construction still below 2014 levels: CMHC

A slight jump in single-detached and multi-family construction in Calgary last month fueled a month-over-month increase in housing starts, according to Canada Mortgage and Housing Corp. (CMHC).

Housing starts in the city were trending at 13,780 units in October compared to 13,050 in September. The trend is a six month moving average of the monthly seasonally adjusted annual rates (SAAR) of total housing starts.

"Housing starts trended higher in October as both single-detached and multi-family construction rose from the previous month," said Richard Cho, CMHC's principal of market analysis for Calgary. "Despite the increase from a month earlier, the pace of construction through most of this year has been below 2014 levels due to a rise in supply and a slowdown in migration and employment growth."

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