Recourse Loan

Throughout history there have been many famous portmanteaus. Combining breakfast and lunch into one meal? Brunch. Getting angry because you’re hungry? You’re hangry. Ben Affleck and Jennifer Lopez are back together? Congrats, Bennifer.

In British Columbia, our most famous portmanteau is Burquitlam, the neighbourhood located on the Coquitlam side of the Burnaby-Coquitlam boundary. The neighbourhood is situated south of the City of Port Moody, and has become its own burgeoning neighbourhood that stands alone from the bustling Lougheed neighbourhood located immediately to the south.

Low-rise new home sales in the Greater Toronto Area outperformed their historic average for a third consecutive month in June, even as benchmark prices kept sliding, according to the latest figures from the Building Industry and Land Development Association (BILD).

There were 1,175 total new home sales in June — up significantly from the record low set in June 2025, but still 52% below the 10-year average of 2,456 units, according to Altus Group, BILD's official source for new home market intelligence.

There's a version of new home construction that most buyers know well: a patchwork of builders, a streetscape that never quite coheres, a construction zone that lingers years after move-in.

Mattamy Homes has spent decades building something different. And in Calgary and Airdrie, that difference is on full display across four communities where the builder controls every stage of development, from land through to the homes, parks, and pathways that help define daily life.