Mindblown: a blog about philosophy.
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Sales remain above long-term trends despite declines
In February 2025, housing inventory rose by 76% year-over-year to 4,145 units, with significant increases in homes under $500,000. Sales totaled 1,721, down 19% from last year, while new listings were 2,830. The residential benchmark price was $587,600, stable compared to late 2024. Detached home sales fell by nearly 20%, with a benchmark price of…
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Calgary’s Housing Market Is Rebalancing: What It Means
In January, seasonally adjusted housing activity rose 1% compared to December, maintaining steady market momentum.Sellers have been very active, with 22% more homes on the market in January than December!
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Calgary Rents Drop: Will They Keep Falling?
Calgary’s average apartment rent dropped 6% annually, settling at $1,925 per month. The decrease in Calgary rents aligns with Canada's broader rental market slowdown.
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Is Calgary the Next Big Housing Market?
Calgary's housing market remains budget-friendly, with prices far below Toronto and Vancouver despite a ↑ 3% projected growth.Over 26K home sales are expected in 2025, exceeding long-term averages, with improved supply boosting buyers.
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Is Calgary the Best Place to Invest?
Calgary ranked No. 1 for Real Estate prospects in 2025, driven by population growth and a diversifying economy.Calgary’s Real Estate market is booming, with high demand for single-family and multi-family residential investments in 2025.
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Happy St. Patrick’s Day
St Patrick's Day is the day we all turn a bit Irish. 13 million pints of Guinness are consumed worldwide on St. Patrick's Day. Green is now the traditional color of St. Patrick's Day.
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Calgary’s February Housing Market Update: Trending Towards More Balance
The Calgary housing market is transitioning from rapid growth to a more balanced state, marked by increased construction activity and rising inventory. New listings surged by 22% year-over-year, with condos up 30%. Active listings reached four-year highs, and the sales-to-new listings ratio has dropped below 60%, indicating a shift in negotiating power to buyers. Despite…
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Calgary Real Estate Heats up Despite Sales Dip
Home sales dropped 12% from last year but remained 30% above seasonal averages. The benchmark home price held steady at $583K, marking a 2.8% increase from January 2024.
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Is It Cheaper to Rent or to Buy a Home in Calgary?
Calgary had the smallest gap in monthly cost between renting and ownership among major cities. The avg-priced home in Calgary was ~$631K, resulting in a $2,667 monthly mortgage payment.
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Which Calgary Areas See Detached Home Prices Surge?
City Centre – a 10.15% increase to sit at $954,700 South – a 8.88% increase to sit at $725,000 3. West – a 7.91% increase to sit at $964,900 4. North West – a 6.99% increase to sit at $783,400
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