Making a splash

Newport in Canal’s Landing offers affordable townhomes in Airdrie’s premiere water-focused community

If you’ve been searching for a beautiful and affordable townhome in the heart of an established community, look no further than the picturesque community of Canal’s Landing in Airdrie. On June 23, Genesis Builders Group is hosting a grand opening for Newport, its latest offering in the community.

“Newport is really a community within a community, and is perfect for millennials, professionals or downsizers,” said Kelsey Orvis, marketing co-ordinator at Genesis Builders Group. “It’s really designed for anyone who wants to spend more time enjoying life, rather than shovelling snow and cutting grass.”

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The Suite Life

Secondary suite reform provides new opportunities for Calgary homeowners

By the end of this year, Calgary’s full secondary suite policies will put into play a “gentle density” housing market.
After consulting with community associations and collecting online public feedback, city administrators will send design guidelines for backyard suites to committee and city council for approval.

Lisa Kahn, the City of Calgary’s legislation and land-use bylaws co-ordinator, says the new rules will govern how backyard suites look and interact with their communities.

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Simply irresistible

Stunning scenery and affordable homes make Cochrane a perfect fit for discerning homebuyers

As the warm spring sun crests the eastern horizon, its dazzling rays cast a purple light on the foothills circling Cochrane’s western fringe. Below this stunning backdrop, the Bow River sparkles, as it winds its way through the town’s core.

The beauty of this quaint town of 30,000 people is one of the things that attracted South African expats Heidi and Allan Lester-Olivier. The couple has lived all over the world, but Canada has always called out to them. In 2012, after spending two years in Houston, they made the trek north to Calgary with three young children in tow, settling in Tuscany.

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Embracing density

Builders and the City work together to rein in urban sprawl

It used to be that mentioning the word “density” would get some Calgarians riled up over plans for a new community they felt had too many homes per hectare, or a condominium project with too many units.
But faced with the alternative of urban sprawl, increasing density is now an established policy for residential development.

In 2009, city council approved a new Municipal Development Plan (MDP) and Calgary Transportation Plan (CTP) that address density in both new communities and established areas.

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Lending conditions weigh on housing demand

May sales activity continued to ease, with the largest declines occurring in the detached sector. Additional gains in new listings continued to increase inventory levels.

Citywide sales activity in May totalled 1,726 units, 19 per cent below last year’s levels and 24 per cent below longer-term averages. Sales activity in the detached sector declined to levels not seen in over a decade.

“The impact of rising lending rates and stricter qualification levels is causing demand to ease across all product types,” said CREB® chief economist Ann-Marie Lurie.

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