Latest News

April 07, 2015

The writ has been dropped and a provincial election is underway. The campaign provides an opportunity for CHBA – Alberta and its members to ask questions about key issues for new home buyers and the residential construction industry.  

The most important issues in the 2015 Alberta election for our industry are the review of the Municipal Government Act (MGA) and the promise to grant City Charters to Calgary and Edmonton.

As CHBA members, we encourage you to make your voices heard.

 

Click HERE for CHBA-Alberta’s guide on what you should know heading into the upcoming provincial election.

 

 

 

April 06, 2015

The last of three city reports on vacant lots in Edmonton indicates built-up areas have enough empty land to house at least 7,700 people.

The latest study shows Edmonton’s 92 established neighbourhoods, generally developed in the 1970s to 1990s, contain 148 vacant lots covering 88 hectares.

Click HERE to read the article.

 

Source: The Edmonton Journal

March 19, 2015

Following a surge in January, total housing starts in the Edmonton Census Metropolitan Area (CMA) jumped in February to 1,946 units compared with 787 units recorded a year earlier. So far this year, housing starts across the Edmonton region have increased 142% over the first 2 months of 2014 to 3,778 units.

Read the full report.

March 11, 2015

Canada-Alberta Job Grant

Reimbursement for 2/3rds of your training costs!

The Canada-Alberta Job Grant (CAJG) is available NOW! and will reimburse employers for two-thirds of their eligible employee training costs to a maximum of $10,000 per individual to a total of $300,000 per company per year.  The training needs to be preapproved by the government prior to registration.

PHBI has designed quality training programs specifically tailored for you to take advantage of the Canada-Alberta Job Grant.  We have combined some of our course offerings in order to make them qualify for the grant and to assist employers in obtaining the practical, industry specific training their employees need.

In order to be eligible for the grant, the training must meet the following requirements:

1.  Over 25 hours in length, and

2. Completed within 52 weeks, and

3.  Results in credentialing, and

4.  Delivered by a third party

The Canada Alberta Job Grant Program provides employers with funds to send an existing or new employee to training that leads directly to available jobs. 

Visit www.albertacanada.com/jobgrant for more information.

For a list of eligible PHBI training programs, click here

Please contact PHBI at askphbi@phbi.ca to find out the availability of recorded classroom sessions.

 

March 11, 2015

The date has been set for the Edmonton information session to learn how your company can achieve COR/SECOR– for free! This is a great opportunity for builder, trade and supplier members to save thousands of dollars by building their health and safety program and achieve SECOR/COR without the need to hire a consultant to assist them.

Information Session: April 9 – 9:30 am (Radisson South)

The information session will provide an overview of the pilot project and what the participants can expect to achieve by attending a one-day workshop each month for four months.

Please RSVP to Brittany.baltimore@chbaalberta.ca to attend the session or if you have any questions. 

March 11, 2015

Young adults, known as gen Y (also called millennials or echo boomers – those who are 20-30 years old now) are hard to predict. And yet, they are the most-studied generation of all time. About to make an impact on the housing market, builders worldwide are trying to anticipate their needs. Starting in 2016, gen Y will be the largest age group looking to buy homes.

A little digging online tells us they like to live downtown; they like to live in the suburbs. They can’t afford housing; they are investing in housing at a younger age than previous generations. They want nice countertops; they don’t want material goods. They want to walk to work; they are used to long commutes by car.

The longer you look at them, the more diverse they become – and their housing choices are reflecting that.

In this article from the Calgary Herald, Barb Livingstone profiles a very young couple that chose a condo in Auburn Bay as their first home. Their reasons for choosing that new development are compelling.

 

Read the full article.

 

March 09, 2015

Congratulations to CHBA-ER’s National SAM Award winners:

  • Green Home Award - Landmark Group of Builders, Edmonton, AB
  • Single Detached Home Under 1,500 Square Feet - Pacesetter Homes, Edmonton, AB: “Maverick - New Castle”
  • Print Ad- Sterling Homes (Edmonton) Ltd., Edmonton, AB: “All Dressed Up” Creative, concept and production: Leyteblair

 

Click HERE for a full listing of CHBA National SAM Award winners. 

 

March 09, 2015

“The trend in housing starts moved higher in February largely due to a stronger pace of production in the multi-family sector. For the second consecutive month, higher apartment starts led the way for multi-family construction,” said Christina Butchart, CMHC’s Senior Market Analyst for Edmonton. Read it HERE. 

March 03, 2015

Dave Dhingra in Milton, Ont. asks, “Where is the best place in Canada to invest in real estate?”  Real Estate editor D’Arcy McGovern says that’s a tough question to answer, mainly because it really depends, ” as do all investing decisions – on how comfortable you are with risk.” McGovern explains:

Personally, I don’t look at homes as investments – but as shelter influenced by lifestyle choice. A more sophisticated investor has other considerations. It’s a complicated calculus of risk and reward, so I called  Don Campbell, the senior analyst for the Real Estate Investment Network and quite possibly the best-known real estate investor in the country. He has a lot to say on the matter.  “The answer is a complex mix of economics, geographic location of the investor, management style of the investor,, as well as the stated goal of the investor,” he says.

“Is the priority cash-flow income replacement or capital gains? And what is the investor’s timeline for investing?” Campbell says that, if you are managing your investments on your own, it is important to make sure it is within a maximum two hour drive from home. “If you want a combination of cash flow and capital gains, the Tech triangle of Ontario will be a strong performer.  If you are okay with higher volatility, but with higher than average cash flow and a very good chance at very strong capital gains over the next 10 years, Edmonton will be the place.”

Follow McGovern on Twitter, read our Real Estate section and check out our newdedicated Alberta coverage.

Click HERE to access the Globe and Mail article.

 

March 02, 2015

The regulations that clear the way for the implementation of the Alberta Building Code 2014, the National Energy Code for Buildings 2011, the Part 9 changes for energy efficiency and the Fire Code 2014 were passed by the Provincial Cabinet this week. Alberta adopted the national version of the Energy Code without change.