Mindblown: a blog about philosophy.
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Strong Growth in Edmonton Housing Starts in 2025
Single-Detached Housing Starts in Jan–Aug: 4,732 units, ↑ 9% yearly All Others Housing Starts in Jan–Aug: 9,969 units, ↑ 32% yearly Total Housing Starts in Jan–Aug: 14,701 units, ↑ 23% yearly Canada Total Housing Starts in Aug: 3,806 units, ↓ 10% yearly Canada Total Housing Starts in Jan–Aug: 156,283 units, ↑ 4% yearly
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Edmonton Ranks First in Canadian Apartment Affordability
Edmonton ranks first in apartment rent affordability among major Canadian markets, with average rents at $1,573 in early 2025, up slightly from the previous year. Strong interprovincial migration and economic opportunities have balanced the market, benefiting both renters and investors. Winnipeg also has rents under $2,000, while Vancouver and Toronto exceed $2,500, with Vancouver nearing…
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How the 2025 Federal Housing Plan Could Impact Your Next Move
Ottawa targets 500,000 new homes per year, reviving large-scale federal involvement in housing construction not seen since the 1970s. The plan introduces GST rebates, tax incentives, shared-equity schemes, and loan support to lower costs and accelerate building. Analysts warn doubling output will be challenging given reliance on private developers and limited social housing contributions. The…
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Home sales on the rise again across Canada
National home sales in Canada rose 1.1% in August, marking the fifth consecutive monthly increase and the best August since 2021. Sales are up 12.5% since March, while benchmark prices remained stable at $687,300. Listings increased by 2.6%, though the sales-to-new-listings ratio slightly declined. Growth in markets like Vancouver, Ottawa, and Montreal offset a dip…
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Happy Canadian Thanksgiving
The perfect opportunity to embrace your inner "foodie" and unbutton your pants at the dinner table!In Canada, post-Thanksgiving is all about creative cranberry sauce solutions. Cranberry sauce pancakes, anyone?It's that time when multiple ovens are a blessing. Turkey, pies, casseroles – less stress!
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Edmonton Tops Canada in New Housing Starts
Edmonton also ranks among Canada’s top cities for new home construction, with 63 starts per 10,000 residents in early 2025. The city’s growing population and rental demand are driving most new developments. Construction costs and rising labor expenses are contributing to higher housing prices despite the increase in builds. Rezoning policies have aimed to boost…
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Moving to a new home? How to save on costs whether you hire movers or do it yourself
Moving into a new home can be costly, with expenses from hiring moving companies to temporary storage. To save money, experts recommend decluttering and doing more work yourself. Hiring a moving company is more expensive than renting a truck, but it requires less effort. It's crucial to research companies, compare quotes, and check reviews to…
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Housing supply report reveals regional differences
Housing starts in seven major Canadian cities remained flat in early 2025, with declines in Vancouver, Halifax, and Toronto, where condo starts dropped 60%, hitting a 30-year low. Rental construction rose due to government support but was offset by condo declines. Calgary and Edmonton saw growth from favorable policies and zoning. Challenges include high development…
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Build Canada Homes aims to build 4,000 housing units on federal land
The new Build Canada Homes agency will oversee the construction of 4,000 affordable homes on six federal sites in cities including Dartmouth, Ottawa, Toronto, and Edmonton, backed by a $13 billion budget. It aims to lower building costs, speed up permits, and use modern construction methods like modular and factory-built homes. A $1 billion fund…
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Edmonton Rentals Boom as Investors Rush In
Edmonton’s rental market thrives with sub-5% vacancy, attracting strong local and national investor interest. Purpose-built rentals offer stable cash flow, making Edmonton a “safe harbour” amid economic uncertainty. Average new suburban unit costs $240K today, projected to peak near $300K this year. Long-term rental history and university-driven demand create Edmonton’s larger multi-family housing universe. High-leverage…
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