Urban Upgrade & NewInfills

AN UPDATE & TIMELINE OF THE REZONING APPEAL

Posted on Mar 31, 2026 in Real Estate News

For those awaiting Calgary's decision on the rezoning hearing that started last week, here's what you should know: The public hearing on Calgary's rezoning repeal is expected to extend into next week as City Council reviews a substantial number of public responses. The Council has stated that no decision will be made until all opinions have been he...

NEW GST REBATE FOR FIRST-TIME BUYERS IN EFFECT

Posted on Mar 16, 2026 in Real Estate News

Big Savings Ahead: New GST Rebate for First-Time Home Buyers!

Canada’s new first-time home buyers’ GST program has now officially passed into law as of March 12, 2026, making homeownership more attainable for Canadians taking their first step into the housing market. The First-Time Home Buyer (FTHB) GST Rebate offers substantial financial relief for...

CALGARY'S REZONING APPEAL - WHAT YOU SHOULD KNOW

Posted on Mar 05, 2026 in Real Estate News

In case you weren't aware, here’s something important to keep on your radar: The City of Calgary has scheduled a public hearing on Monday, March 23, 2026, regarding the proposed repeal of the citywide blanket rezoning that came into effect in August 2024. If passed, this could have real implications for real estate development and property values t...

SHORT-TERM RENTAL RULES CHANGES IN CALGARY

Posted on Feb 24, 2026 in Real Estate News

In April 2025, the City of Calgary implemented major updates to its short-term rental (STR) regulations. The goal was to provide clearer oversight of home-sharing while protecting the long-term housing supply and neighbourhood livability. Below, we highlight what changed — and what the impact has been so far.

WHAT WERE THE KEY RULE CHANGES?

1. Broade...

CITY-WIDE REZONING - 1 YEAR LATER

Posted on Aug 08, 2025 in Real Estate News

It’s been a year since Calgary approved blanket rezoning to allow rowhouses and townhomes (R-CG and similar) across all residential areas. The intent? Improve housing affordability and choice by enabling higher density.

So, was it a big change? On paper, absolutely. It’s now possible to build multi-unit infills in nearly every established neighbourh...

NEW MORTGAGE REFORMS

Posted on Oct 02, 2024 in Real Estate News

Many Canadians work hard to achieve the dream of owning a home. Yet, skyrocketing mortgage payments have made homeownership increasingly difficult, especially for Millennials and Gen Z. To address this challenge, the Canadian government has rolled out significant mortgage reforms aimed at making homeownership more accessible, particularly for first...

KEY CHANGES TO THE R-CG ZONING BYLAW

Posted on Sep 05, 2024 in Real Estate News

Blanket rezoning was passed (with amendments) on a 9-6 vote earlier this year, and it is now officially in effect as of August 6th.

WHAT DOES THIS MEAN?

R-CG is now the citywide base low-density residential zone.
R-G is now the base low-density residential zone in developing areas.
H-GO zoning has been implemented in areas identified in approved Local...

NEW MORTGAGE OPTIONS FOR NEW HOMES

Posted on Aug 02, 2024 in Real Estate News

Starting August 1, 2024, homebuyers in Canada will have a new mortgage option available for newly built homes. This initiative, introduced by the Canadian Mortgage and Housing Corporation (CMHC), aims to support affordable homeownership by offering insured mortgages with a 30-year amortization period, when it was previously a 25-year amortization p...

NEW SECONDARY SUITE INCENTIVES

Posted on Jun 15, 2024 in Real Estate News

If you're considering adding a legal secondary suite to your home or future home, we have news for you! The City of Calgary is working hard to combat the housing crisis and provide more housing for Calgarians, both veterans and newcomers, by offering an incentive to encourage and assist homeowners in building legal secondary suites. The Secondary S...

CALGARY PASSES CITYWIDE RE-ZONING

Posted on May 15, 2024 in Real Estate News

Blanket rezoning has been passed with a 9-6 vote, but with some amendments to the original proposal. On Tuesday, May 14th, a record-breaking City Council meeting adjourned after 16 days leading to the long-awaited decision from Calgary's lawmakers. Rezoning has been a hot topic since it was first proposed in 2023, and as suggested by the longest ev...

LONGER AMORTIZATIONS FOR FIRST-TIME BUYERS

Posted on Apr 24, 2024 in Real Estate News

The news that the federal government will now allow a 30 year amortization period -- instead of 25 -- for certain first-time homebuyers has Canadian families breathing a sigh of relief. With the current housing market putting home ownership out of reach for so many, this change coming into effect August 1, 2024 will open up the doors for Canadians...

GOVERNMENT CANCELS FIRST-TIME BUYER INCENTIVE

Posted on Mar 01, 2024 in Real Estate News

There's a change coming for prospective first-time homebuyers in Canada. The Canada Mortgage and Housing Corporation (CMHC) says it is ending the First-Time Homebuyer Incentive program (FTHBI), a plan that was meant to help reduce monthly mortgage payments. In a nutshell, the government offered a loan of up to 10% of the purchase price, which would...

CALGARY LUXURY MARKET OUTPACES LARGER MARKETS

Posted on Feb 22, 2024 in Real Estate News

Calgary seems to be the star of the show these days when it comes to real estate trends and records, and the luxury homes market is no different with Calgary coming out on top in 2023! While other major city centres, such as Toronto, saw a decline in luxury home sales, and Canada as a whole plateaued, Calgary soared. Luxury home sales over $1-milli...

PROPOSED BLANKET REZONING: WHAT IT ALL MEANS

Posted on Feb 21, 2024 in Real Estate News

In Autumn 2023, Edmonton passed huge residential zoning changes, leading many Calgarians to believe a similar bylaw would likely be passed in Calgary. As expected, it didn't take long for one to be proposed before Calgary City Council, and residents have a lot of polarizing opinions on the matter. It would mean a lot of changes for our city if this...

CALGARY VACANCY RATES ARE PLUMMETING

Posted on Feb 19, 2024 in Real Estate News

Reports of vacancy rates plummeting in Calgary have been flooding the local news in recent days, informing us that local rental rates are now officially on par with Toronto. The average rent for a two-bedroom apartment has reached nearly $1,700, a rate increase of 14%, and a vacancy rate of 1.4%. These are growth numbers not seen since 2007, accord...

SHORT TERM RENTAL CHANGES HAVE ARRIVED

Posted on Jan 31, 2024 in Real Estate News

CREB - On June 6, 2023, The City of Calgary took a significant step in enhancing the regulation of short-term rentals, approving crucial bylaw changes that came into effect on Jan. 1, 2024. These changes, aimed at fostering accountability, improving safety, and minimizing negative community impacts, mark the city's commitment to creating a fair and...

CANADA'S PLAN TO COMBAT HOUSING AFFORDABILITY

Posted on Dec 01, 2023 in Real Estate News

On November 21, 2023, the federal government of Canada unveiled its 2023 fall economic statement, with promises of new spending to help build affordable homes, support renters, and clamp down on Airbnbs. What exactly does the government have in store, and how do they plan to combat the housing affordability problem that is plaguing the minds of Can...

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...

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...

CANADIANS FLOCKING TO ALBERTA

Posted on Oct 02, 2023 in Real Estate News

Canadians are flocking to Alberta from their home provinces in never-before-seen numbers. Statistics Canada has estimated 184,400 people have migrated interprovincially into Alberta since this time last year, up over 4%, bringing the total population to 4.7 million. While other provinces, including Ontario, Manitoba, and Saskatchewan, also saw an i...

ARE WE AT RISK OF RENTAL CONTROLS?

Posted on Sep 22, 2023 in Real Estate News

Rent in Calgary is becoming unaffordable for many local residents and newcomers alike. With our beloved city now experiencing a housing crisis due to lack of inventory and strong demand, many renters have been feeling the pinch. Rental rates have gone up approximately 40% in the last few years (depending on property type), but wages/earnings have n...

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