Mindblown: a blog about philosophy.
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Understanding your residential property tax changes 2025
Property tax bills in Calgary are calculated and mailed in May, based on the City Budget, property assessments, and the Provincial Budget. In 2025, property taxes will increase by approximately $218 annually, with a 17.5% rise in the provincial portion. Calgary's residential property tax funds city services, with a $134 increase for 2025. Calgary has…
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Calgary Housing Trends Toward Stability in 2025
Calgary’s housing market is shifting towards balance with rising inventory, increased construction, and moderating price growth.Total active listings ↑ 70% yearly in January.
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Fixed vs. Variable Mortgage Rates: Which Is Right for You?
Key Mortgage Choice Choosing between fixed or variable rates affects payment stability, long-term cost, and risk management strategy. Fixed-Rate Mortgage Fixed rates offer 1–5 year terms with steady $2,981/month payments on $500K at 5.29%.
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Calgary rent prices are dropping WAY faster than other cities in Canada
Rent prices in Calgary have significantly declined, leading the nation with a 9.8% annual drop. The Canadian median rent for one-bedroom apartments decreased by 0.8% to $1,835, while two-bedrooms fell by 0.9% to $2,265. Calgary is now the 15th most expensive rental market in Canada, with Edmonton at 21st place. The national rent index has…
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Roxboro Real Estate Statistics Update
In March 2025, Roxboro, a community in south west Calgary, reported a median home ask price of $0 and a median sold price of $0. Over the past year, the median ask price was $699,764, while the sold price was $716,682. There were no homes listed or sold in March 2025, compared to one listing…
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The 10 most expensive neighbourhoods in Calgary right now
The Calgary housing market is currently experiencing fluctuations, with some neighborhoods showing significantly high median sold prices. According to Wahi, single-family homes sold faster than condos, averaging 27 days on the market compared to 36 days for condos. Six neighborhoods exceeded a $1,000,000 median sold price, with Hounsfield Heights leading at $1,135,000. The median prices…
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Calgary Downtown: Vacancy Rate Hits 30%
Calgary’s downtown office vacancy rate rose to 30.2% due to oilpatch consolidations and economic uncertainty.Mergers and acquisitions are shrinking office footprints, but many companies are renewing leases.
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Tariff Tensions Cool Calgary’s Hot Market in Late-Q1
Calgary’s housing market cools as tariff threats and uncertainty shake March sales across all property types. Sales dropped 19% year-over-year to 2,159 units, but still outpaced lows seen from 2015–2020.
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New rules for short-term rentals in Calgary take effect
Calgary has implemented changes to its short-term rental regulations, effective immediately. The Business Licence Bylaw now defines short-term rentals as lasting up to 180 days, requiring a business licence. Licences vary in cost based on whether the property is a primary or non-primary residence. Existing licence holders must verify their property type upon renewal. The…
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Calgary Average rent Nears $1,681
As of Early-Q2 2025, the average rent in Calgary is C$1,681/month. Rent has decreased by 3.1% in the past year, averaging C$52 less/month.
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