Mindblown: a blog about philosophy.
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The Ultimate Guide to Calgary’s Investment Properties: What You Need to Know
Calgary's real estate market is appealing to investors due to affordable property prices, steady population growth, and a diversified economy. The absence of rent increase caps and low property tax rates enhance its attractiveness. Economic diversification in technology and renewable energy supports job stability and housing demand. Population growth boosts the need for diverse housing…
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What’s Ahead for Calgary’s Housing Market in 2025?
Average home prices in Calgary are projected to rise by 5% in 2025, reaching approximately $622,125. The market is expected to transition to a buyer's market overall, with balanced conditions in mid- to high-price ranges.
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Calgary Proposes Tax Freeze Amid Rising Costs
Calgary faces rising costs, economic uncertainty, and housing affordability pressures impacting families and homeowners.The city council's ↑ 5.5% tax increase adds $96 annually for single-family homes, with condos seeing ↑ 10.5% hikes.
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Why Calgary Is Among Canada’s Best Young Adult Cities
Calgary, Alberta has a population of approximately 1.3M people, offering vibrant urban living. The avg cost of living in Calgary is $1,592/month, with rental costs ~$1,860.
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Calgary homes log modest price growth
In November, Calgary experienced a slowdown in condo supply and sales, while row home sales increased by 24% to 330 units, with a benchmark price rise of 7% to $454,300. Overall, resale transactions rose slightly by less than 1% year over year, totaling 1,797. The benchmark price for all housing types grew by 3.5% to…
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Blanket rezoning opened door to new row houses across Calgary
Calgary's recent blanket rezoning has led to a surge in applications for row houses, particularly in Bowness, Glenbrook, Mount Pleasant, and Capitol Hill, with nearly 190 applications received. This shift aims to address rising housing costs amid a population increase of 76,000 people in the past year. However, concerns about shading, parking, and waste management…
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Top Market to Watch in 2025: Calgary
Calgary ranked top Canadian market for real estate prospects in 2025, according to PwC and Urban Land Institute.Strong prospects for single-family and multi-family residences, despite rising residential construction costs.
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Early-Q4 Calgary Housing Market Surges After Rate Cuts
In October 2024, Calgary saw ↑ 9.4% in seasonally adjusted home sales compared to September. This increase marks the highest sales volume since January 2024, signaling a market rebound.
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Calgary Proposes 3.6% Property Tax Increase
Calgary's growing population and inflation are driving increased budget demands, prompting a proposed 3.6% property tax hike.In 2025, single-family home taxes may rise by 3.9%, with condos seeing a 10.5% increase.
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North Glenmore Park Real Estate Statistics Update
In October 2024, North Glenmore Park in Calgary reported a median home asking price of $512,500 and a median sold price of $525,500. There were 12 homes listed for sale, up from 9 the previous month, and 8 homes sold, compared to 4 in September. Over the past year, the median asking price was $1,026,732,…
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