Mindblown: a blog about philosophy.
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Calgary home sales fall in June but still above long-term trends
Calgary Real Estate Board reveals a 12.8% decrease in home sales in June compared to the previous year, with 2,738 properties sold, mostly lower-priced homes. Nevertheless, activity is still 17% above the long-term average. The benchmark price in June was $608,000, an 8.5% increase from last year. New listings fell by 3.6% while inventory increased…
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What’s Driving Calgary’s Rent Frenzy?
Calgary's population grew by over 300K people from 2011 to 2023, increasing housing demand. Rising home prices have pushed prospective buyers into the rental market, increasing rental demand.
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Canada’s Most Livable: Calgary Shines in Top 5 Globally
Calgary has moved up to number 5 in the liveability index among the top 10 most livable cities in the world. Calgary scored higher than Vancouver in stability and infrastructure metrics.
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Calgary’s June housing market favours sellers; 40% of sales above list price
June's housing market experiences a slowdown, according to Royal Lepage. Continue to full article
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Benchmark Apartment Prices in Calgary: $240K-$280K
Calgary buyers can acquire 2 condos for $735K, with $54K remaining. The benchmark apartment price in Calgary ranges from $240K-$280K.
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High-End Property Sales Rise in Calgary in Mid-Q2
In Mid-Q2, Calgary saw 3,092 home sales, almost matching last year’s record. Sales were 34% above long-term trends despite a slight annual drop.
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Calgary Renter Shares Surge: Set to Ease in 2026
The cost to buy a house in Calgary has significantly increased, leading many locals to turn to the rental market.The avg home price in Calgary is ~$587,300, with the aggregate home price in the Q1 2024 at $676,400.
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5 Key Points to Determine How Much Your Home Is Worth
Location: This includes proximity to desirable amenities, views, noise levels, etc. Comparable homes nearby: Look at recent sales prices of similar homes in your area.
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Calgary’s Hot Market: Find Your Affordable Home!
Red Carpet: Cheapest area, with detached homes at a median price of ~$114K. Greenwood/Green Briar: Another good option for detached homes, with a median price of $155K.
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Calgary Affordable Housing Strategy on Track
Calgary approved the affordable housing strategy last September after the council heard the voices of over 150 people. The strategy aims to create 3K new affordable homes and assist the market with 1K/yr additional homes.
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