Mindblown: a blog about philosophy.
-
3 Alberta Cities Redefining Quality of Life
Medicine Hat offers home prices at $405K, with abundant sunshine and scenic parks enhancing its appeal. St. Albert, with a median price of $574K, boasts low crime rates and proximity to Edmonton's amenities.
-
Early-Q2 Sees 15% Drop in Alberta Sales
Alberta home sales ↓ 15.2% yearly in April 2025 after two years of price growth. The slowdown follows an extended upswing, making this decline part of a natural market correction.
-
City council approves 5.7% tax increase, wants education levy split from property tax
Edmonton city council approved a 5.7% municipal property tax increase, with homeowners paying about $763 per $100,000 of assessed value. Council criticized the province for raising the education tax, which makes up 25% of property tax and funds schools. A motion passed to explore separating education tax collection from municipal taxes. Property taxes fund over…
-
Will Canada’s Home Prices Crash Harder Than Expected?
Home prices in Canada are projected to fall by 3.2% in 2025 due to economic uncertainty. TD Economics downgraded forecasts after weaker-than-expected sales and price declines in Q1 of 2025.
-
Edmonton Housing Stays Competitive Through 2025
Young Edmontonians and out-of-province buyers are significantly driving up competition in the local housing market. Once a haven for budget-conscious buyers, affordability in Edmonton is now no longer a sure thing.
-
Canada Housing Market: Tariffs Stall Spring
Canada’s spring housing market is slowing due to economic uncertainty and U.S. tariff concerns affecting buyers and sellers. Home sales dropped 9.8% in Mid-Q1, with prices declining 3.3% and new listings falling 12.7%.
-
Mid-Q1 Home Sales Drop 10.4% Yearly
In February 2025, home sales in Canada fell to their lowest level since November 2023 amid trade war uncertainty. February home sales ↓ 10.4% yearly and ↓ 9.8% MoM on a seasonally adjusted basis.
-
Edmonton home sales and inventory climb with spring temperatures
Edmonton's real estate market sees a spring surge with over 4,000 new listings in April, boosting inventory for the first time in months. Sales rose 9% from March but were 13% lower than last year. Home prices remain high, with the MLS price index steady at $438,100 but up 10% year-over-year. Average days on market…
-
Canadian Rents Fall: A 4.8% Decline
Average asking rents in Canada dropped by 4.8% in Mid-Q1, reaching their lowest level since July 2023. Despite declines, rents remain 5.2% higher than in 2023 and 16.9% above pre-COVID levels.
-
Alberta Leads Canada in Housing Starts Q1 2025
Alberta leads Canada in housing starts for Q1 2025, accounting for over 25% of the total. Alberta represents less than 13% of Canada's population, but dominates 25% of housing starts.
Got any book recommendations?