Mindblown: a blog about philosophy.
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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…
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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…
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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.
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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.
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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%…
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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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These are the 10 most expensive neighbourhoods in Calgary
In July, only three Calgary neighbourhoods had median home prices above $1 million: Elbow Park ($1,655,000), Lake Bonavista ($1,136,950), and Altadore ($1,100,000). Lake Bonavista saw a 31% year-over-year price increase, while West Hillhurst dropped 25%. The least expensive areas included Sunalta ($194,300) and others under $350,000. The market is currently experiencing a cooldown. Continue to…
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Calgary Condo Deals? Summer Might Be the Time
Condo prices in Calgary are cooling, with inventory up 73% to 2,112 listings. Benchmark condo price dips 3% year-over-year, now sitting at $333,500. Buyers now have four months of inventory — the most choice in a long time. Over 14,000 units under construction mean even more supply is on the way. Sellers are adjusting; condos…
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Calgary: Home Sales Dropped 16.5%
Home sales in Calgary dropped 16.5% year-over-year, while new listings increased by 11.2%. Apartment and row home inventory surged, exceeding long-term trends by over 30% in June 2025. Calgary’s benchmark Real Estate price fell 3.6% to $586,200, with declines led by attached segments. Detached home prices held steady, except in North East Calgary where they…
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Calgary: A Top Liveable City in Canada 2025
Calgary ranks second in Canada and 18th globally with a 94.7 score. Its affordability, strong economy, and Rocky Mountain access drive domestic appeal. Healthcare declines and cold winters challenge its otherwise top-tier infrastructure. Green spaces like Nose Hill Park and public transit boost family-friendly credentials. Great for budget-conscious professionals and outdoor enthusiasts seeking urban-rural balance.
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