Urban Upgrade & NewInfills

ALL ABOUT CALGARY'S GREEN LINE LRT

Posted on Oct 27, 2023 in All About Calgary

All aboard the Green Line! Ok, it may be a few years before we can board Calgary's highly anticipated Green Line, but rest assured planning and construction are well underway. With the City's population expected to double by 2076, this is a vital infrastructure project that will help maintain the quality of life we've all come to love and expect. A...

CREB HABITAT FOR HUMANITY BUILD DAY 2023!

Posted on Oct 26, 2023 in Team News

At Urban Upgrade & NewInfills, it's not always about buying and selling real estate!

From time to time, we try to take a break from the hustle and bustle of everyday real estate life and get out there to do something good for the city we love. This past week, 5 of our team members volunteered at CREB's Habitat for Humanity Build Day to support Calga...

EDMONTON PASSES HUGE RESIDENTIAL ZONING CHANGES

Posted on Oct 25, 2023 in Real Estate News

It's making local headlines, but if you haven't heard, Edmonton passed its latest revised zoning bylaw. In a city council vote of 11-2, the majority voted in favour of ending so-called "exclusionary" zoning, which limited many residential zones to single-family only. Starting next year, Edmontonians will be able to build 3-storey apartments, townho...

PROPOSED DEVELOPMENT AT GLENMORE LANDING

Posted on Oct 20, 2023 in Real Estate News

A recent City News article has reported the City of Calgary is considering the sale of Glenmore Landing parkland to make room for additional housing. For many reasons, this isn't sitting well with a lot of residents of SW Calgary. Parkland is viewed by many as almost sacred and shouldn't be overtaken by construction and housing, regardless of the e...

WHY TOWNHOME CONSTRUCTION IS BOOMING

Posted on Oct 16, 2023 in Real Estate News

We've talked a lot about Calgary's housing crisis this year, and we're starting to see more and more ramifications as 2023 is winding down. The latest shake-up relates to the decline of demand for single-family homes and the increase of demand in townhomes and multi-units. Row house construction is up 37% in Calgary as builders and buyers alike see...

OCTOBER 2023 MARKET UPDATE

Posted on Oct 03, 2023 in Market Updates

Calgary home sales hit record highs in September, with 2,441 sales, yet supply remains a challenge. Despite the year-over-year gains reported over the past four months, year-to-date sales are still nearly 12 percent lower than last year's levels.

New listings also improved this month compared to last year and relative to sales. This caused the sales...