Mindblown: a blog about philosophy.
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Happy Halloween
Halloween falls on October 31 because the ancient Gaelic festival of Samhain, considered the earliest known root of Halloween, occurred on this day. In the eighth century, Pope Gregory III designated November 1 as a time to praise all saints. Soon, All Saints' Day incorporated some traditions of Samhain and the evening before was known…
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Edmonton’s Housing Market Remains Strong and Balanced
Edmonton maintains one of the strongest housing markets, with sales staying well above pre-pandemic levels. RBC’s affordability measure at 32.2% aligns closely with historical norms, signaling a balanced market. Buyers benefit from relatively low ownership costs compared to other major cities. The easing of earlier supply-demand pressures has led to more stable prices and moderate…
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Reshaping inner Edmonton
Edmonton is undergoing a major urban transformation with five key redevelopment projects near downtown, including Station Lands, Village at Ice District, OEG Fan/Event Park, Exhibition Lands, and Stadium Yards. These projects aim to create vibrant, sustainable communities with thousands of new residential units, green spaces, and mixed-use developments. Construction phases will span several years, reshaping…
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Edmonton Glows Bright in 2025 Best Places to Live List
Edmonton ranked third among the Best Places to Live in Canada for 2025. The city stands out for affordable housing, averaging $431,000, and 325 days of sunshine annually. It has a diverse economy in manufacturing, agriculture, and construction, supporting stable employment. Green parks and an energetic festival calendar add to its appeal. Edmonton’s mix of…
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Rents Stabilize, Offering Relief to Renters Nationwide
Canada's residential rents fell 3.2% year-over-year to $2,123, marking 12 months of declines and the first two-year drop since 2022. Rent decreases occurred across all property types, with condos and houses/townhomes dropping more sharply. Vancouver and Toronto saw the largest declines, with rents at their lowest in nearly four years. Some provinces like Manitoba experienced…
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This property type is seeing the largest price increase in Edmonton
Edmonton's real estate market shows cooling trends with a 7.8% drop in sales and a 0.1% rise in new listings month-over-month. Inventory increased 25.6% year-over-year due to 16.3% more listings and 2.9% fewer sales. Row/townhouses saw the largest price rise at 4.5%, averaging $296,000, while detached homes rose 0.3% to $540,000. Apartment sales days decreased…
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Budget watchdog says home affordability is getting better – but not everywhere
Canada's housing affordability gap narrowed from 80% in September 2023 to 34% in August 2025 due to lower borrowing costs, stronger wages, and cooler home prices. Affordability varies widely by city, with Halifax having the largest gap and Edmonton the smallest. While mortgage debt service ratios improved nationally, expensive markets like Toronto and Vancouver remain…
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Edmonton Homes Stay Seller-Friendly Despite Slowdown
Slide 1: Edmonton’s housing market cools slightly but still favors sellers in 2025. Slide 2: Sales-to-new listings ratio dropped from 79% to 61%, signaling slowing activity. Slide 3: A ratio above 60% confirms Edmonton remains a seller’s market overall. Slide 4: Compared nationally, Edmonton lags behind Saskatoon’s hotter market at nearly 70% sales. Slide 5:…
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Edmonton Set for Remarkable Growth by 2035
Edmonton ranked 4th with a score of **31** out of 40 for projected growth by 2035. Scored 8 in natural growth, 8 in net migration, 6 in AI impact, 9 in climate resiliency. Report cites youthful base, strong immigration, budget-friendly housing, and climate safety as key strengths. High climate resiliency score dubs Edmonton a “northern…
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Confidence, choice and prices drive housing activity in Canada
Canada's housing market shows mixed trends: national home sales rose 1.1% in August with prices dipping slightly, reflecting improved buyer confidence and lower interest rates. Ontario and British Columbia face high inventory and price pressure, creating buyer’s markets, while the Prairies, Quebec, and Atlantic Canada experience tighter supply and modest price gains. Affordability challenges and…
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