Mindblown: a blog about philosophy.

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,…

कम ब्याज दरों के कारण घर खरीदने की गतिविधि में तेजी आई है, नवंबर में प्रमुख बाजारों में मजबूत पुनर्विक्रय और मूल्य वृद्धि देखी गई। टोरंटो में घरों की पुनर्विक्रय में 1.9% की वृद्धि हुई, जबकि मॉन्ट्रियल में 15% की छलांग देखी गई। कैलगरी का बाजार मजबूत बना हुआ है, पुनर्विक्रय महामारी से पहले के…

Calgary city council has approved a 5.5% property tax increase for homeowners, adding about $96 annually for an average single-family home, while condo owners face a 10.5% increase. This decision is seen as disconnected from the financial struggles of residents. A proposed four-year tax freeze aims to alleviate the burden on families and prioritize essential…

A new affordable housing complex is set to be developed in Calgary's Inglewood community after a re-zoning proposal for the Brewery Rail Lands was approved. The Calgary Drop-In Centre plans to create around 120 units, including affordable suites with rents around $350 per month and units priced 10% below market value. The project aims to…

Calgary's rental market is showing signs of cooling after a period of rapid growth, with rental rates rising faster than in other Canadian cities. Recent data indicates a leveling off in prices, with a decline noted over the past two months. Increased housing supply and moderating population growth are key factors in this shift. While…