Mindblown: a blog about philosophy.
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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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Is the Deep Freeze in Canada’s Housing Market Finally Thawing?
National home sales have increased for four straight months, though activity remains below normal levels and recovery patterns differ across regions. Property listings remain elevated, sustaining buyer-friendly conditions despite modest increases in transactions and a slight annual decline in average prices. Affordability has improved marginally as required household incomes have fallen in most markets, though…
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Edmonton Home Prices May Increase 6% in Fall 2025
Slide 1 🏡 Edmonton home prices expected to rise 6% in 2025, but sales may drop 4%. Slide 2 Edmonton remains a seller’s market: strong sellers, buyers chasing limited inventory. slide 3: 🚧 New construction is booming, yet many listings miss what buyers actually want or can afford. Slide 4 📉 Economic uncertainty tempers buyer…
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Canada’s Housing Market Outlook: How Interest Rates and Population Shifts Are Reshaping Demand
Canada’s housing market faces mixed pressures from interest rates, affordability, and population changes. Rental construction is booming, while condo starts decline, tightening future ownership supply. Population growth slows due to fewer non-permanent residents, mainly affecting rental demand. Permanent resident increases mostly reflect status changes, not new arrivals, supporting ownership demand more gradually. Rising rental supply…
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Edmonton: Best Place to Live for Vibrant Living
Edmonton’s average salary is $51,965, and it is known for affordable homes and balanced living costs. The city enjoys 325 days of sunshine and has a strong economy in oil, agriculture, construction, and manufacturing. It is home to West Edmonton Mall and hosts over 50 annual festivals, earning the nickname “Festival City.” Modern amenities, multiculturalism,…
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Edmonton report advises against stricter short-term rental rules
Edmonton's urban planning committee recommends no new regulations on short-term rentals, citing enforcement challenges and legal risks. Instead, it suggests a stronger public education campaign on host responsibilities. Since May 2024, licensed short-term rentals rose 70%. Complaints are minimal, but concerns remain about unregulated "ghost hotels." Industry groups call for better data sharing to ensure…
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