Mindblown: a blog about philosophy.
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Calgary residential rental rates have fallen by 6 per cent
Calgary rental rates declined by six percent year-over-year in January 2025, averaging $1,925. One-bedroom apartments fell to $1,600, the lowest in nearly two years, while three-bedroom apartments saw an 8.7 percent decrease to $2,412. Increased supply, slowing population growth, and changing renter preferences contributed to this trend. The city issued a record number of building…
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Calgary’s Rent-Buy Gap Narrowest in Canada
Calgary has the smallest cost gap between renting and buying among major Canadian cities. The avg monthly rent in Calgary is $1,916 for one- and two-bedroom suites.
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Happy Women’s Day
International Women's Day, also known as IWD for short, grew out of the labour movement to become a recognized annual event by the UN.It all started in 1908 when 15K women marched through NYC demanding shorter working hours, better pay and the right to vote. Things were made official in 1975 when the United Nations…
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Calgary Real Estate Forecast: 3% Price Growth
In 2025, CREB expects more listings priced above $600K due to easing lending rates and pent-up demand. Sales in 2025 are anticipated to align with historical trends, slightly higher than in 2024.
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Early-Q1: More Homes, Slower Sales in Calgary
Calgary home sales ↓ 12% in January but remained ~30% above typical seasonal levels. A total of 1,451 homes were sold, with a residential benchmark price of $583K, ↑ 2.8% yearly.
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Calgary Housing Market Remains Strong Despite Challenges
Calgary’s housing market remains strong in 2025, with forecasted sales exceeding 26K units. Despite reduced migration and economic uncertainty, demand is expected to stay above long-term trends.
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Flatlined Home Sales Define Calgary’s Outskirts Markets
Rising prices defy declining sales in Calgary's surrounding real estate markets at the end of 2024. Chestermere led the region with a 23% sales increase and a 10% price hike to $692,300.
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Calgary Shifts Back to Homeownership in 2025
Calgary is transitioning to a condo-centric market with rising apartment and multi-family home starts. Lower condo fees and affordable pricing are expected to drive condo sales in 2025.
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New Year, New Home: Buying & Selling Tips
Start Early: Sellers should begin the process early, evaluating their home and preparing for the market.Home Preparation: Sellers should invest in updates, cleaning, and professional staging to increase appeal.
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How Assessments Impact Your Calgary Taxes
Property tax increases depend on how much a property’s value changed compared to the citywide average of 15%.If a home’s assessment value rose by less than 15%, the tax increase will be under 5.5%.
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