Mindblown: a blog about philosophy.

  • Study predicts just how costly a Calgary house could be in 2032

    A study using AI projects Calgary's home prices may dip over $100,000 by 2026 due to federal immigration changes and housing supply, with prices stabilizing between $650,000 and $730,000 by 2032. Unlike Montreal, Toronto, and Vancouver, Calgary's market is more sensitive to population shifts than new construction. Increased supply could further lower prices, offering opportunities…

  • Is Calgary Condo Market Hitting Pause?

    Is Calgary Condo Market Hitting Pause?

    Calgary condo prices dipped 2% in Q2 2025. Since 2019, Calgary condos rose 16%.

  • Calgary Crowned Canada’s Best City to Live in 2025

    Calgary Crowned Canada’s Best City to Live in 2025

    Calgary ranks top in Canada for 2025 due to affordability and career opportunities. Average monthly expenses, excluding rent, are $1,581, with low taxes boosting income. Quality of life scores 176.3, supported by low crime, healthcare, and education access. Vibrant culture, festivals, nightlife, and growing neighborhoods enhance work-life balance citywide. Parks, trails, and nearby Rocky Mountains…

  • Calgary Housing Bubble Easing in Mid-2025

    Calgary Housing Bubble Easing in Mid-2025

    Six months of benchmark price declines reported as of July 2025. Active inventory ↑ **80%** y/y in Q1 2025; new listings up **21%** to **9,745** homes. Sales-to-new listings ratio at **56%** in June, signaling a balanced market. Home sales ↓ ~**2%** MoM in June; benchmark price fell nearly **4%** y/y. Analysts see this as a…

  • Elevated Supply Reducing Advertised MF Rents in Major Markets

    Elevated supply is lowering advertised multi-family rental rates in major Canadian markets, though rents still rise overall. Vacancy rates are expected to increase through 2025. Since late 2024, asking rents dropped between 2% and 8% in Calgary, Toronto, Vancouver, and Halifax, while Edmonton, Ottawa, and Montreal saw slower rent growth. CMHC-backed financing supported 88% of…

  • Only one nearby city is seeing a bigger drop in home prices than Calgary

    Detached home prices in Calgary are cooling, with a 0.8% year-over-year decline, while surrounding communities mostly see price increases. Airdrie leads in sales decline at 14% and has a 3.3% price drop. Cochrane and Okotoks show smaller sales declines but stable or rising prices. Inventory has increased due to new listings, reaching the highest July…

  • Calgary 2026-2027: Market Momentum Builds

    Calgary 2026-2027: Market Momentum Builds

    Sales projected to rise with strong job growth and continued migration. Prices to remain stable or slightly increase in sought-after neighbourhoods. Vacancy rates to fall as employment growth supports rental demand. Multiplex and row housing to gain popularity due to rezoning and infill policies. Builders regaining confidence, resuming delayed multi-family projects.

  • Calgary Condos: Calm Before Growth?

    Calgary Condos: Calm Before Growth?

    Calgary condo prices slid 2% in Q2, but here’s the kicker—it’s still up long-term. Since 2019, prices rose 16%. That’s steady growth. Calgary’s lower costs attract new buyers daily. A momentary dip doesn’t erase the momentum. Buyers playing it smart are locking in now—before the next wave hits.

  • Garage Builds Driving Calgary Property Gains

    Garage Builds Driving Calgary Property Gains

    Calgary’s Real Estate market sees detached garages gaining popularity as strategic, high-return investments. Demand grows in mature neighborhoods, where garages enhance utility and match existing architecture. Professionally built garages boost resale value, making properties easier to sell and more desirable. Rental income from garage suites ranges from $1,200 to $1,800 monthly, depending on location. 38%…

  • Home sales fall, inventory surges, prices decline slightly in Calgary

    Calgary’s resale market saw a 16% year-over-year drop in sales and an 83% rise in inventory, leading to a 4% decline in the benchmark price to $586,200. The sales-to-new-listing ratio hit 54%, indicating a balanced market. Single-family homes held steady at $764,300, while semi-detached homes rose 2% to $696,400. Apartment condos experienced the largest sales…

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