Mindblown: a blog about philosophy.

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…

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…

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…

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…

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…