Mindblown: a blog about philosophy.

  • Alberta Crash or Rebound 2025–2026?

    Alberta Crash or Rebound 2025–2026?

    Home sales in Alberta are rising: +8.6% projected for 2025, signaling confidence and recovery. Average prices expected to climb ~4.7%, buoyed by economic diversification and investor interest. In Calgary, prices forecast to grow 3–5%; Edmonton 2–4%, indicating balanced regional growth. Strong fundamentals suggest modest gains ahead—not crash, conditional on continued economic diversification through 2026.

  • Edmonton in Mid-Summer: Increased Home Choices for Buyers

    Edmonton in Mid-Summer: Increased Home Choices for Buyers

    Nearly **4,400** homes listed in July Listings ↓ **7.8%** year-over-year Home sales dipped ~0.5% MoM Buyers gain more market power Avg. price: ~$460K, ↑5% YoY

  • BoC Rate May Drop to 2.25% by End of 2025

    BoC Rate May Drop to 2.25% by End of 2025

    The Bank of Canada may cut rates two more times in 2025, totalling 50 basis points. These cuts could reduce the key lending rate to 2.25% by December 2025. Forecasted cuts respond to economic slack despite recent inflation upticks and global trade tensions. Variable-rate mortgage holders may see lower payments or more principal repaid if…

  • Rent is down in Edmonton, but the big picture tells a different story

    Edmonton's rental market cooled this summer, with average one-bedroom rents dropping 3.8% to $1,369 and two-bedrooms down 1% to $1,745 year-over-year. Despite this, Edmonton saw a 27% rent increase since 2022, the second highest in Canada. Calgary's rents fell 8.8% for one-bedrooms. Nationally, rents declined 3.6% from last year, with the priciest markets in B.C.…

  • Buyer’s market? Edmonton home listings surge 20 per cent year over year

    Edmonton's housing market remained steady in July with 2,860 sales, a slight decline from June and last year. New listings rose 7.8% month-over-month, boosting inventory by 4.7%. The average residential price was $463,078, up 5.2% annually but down slightly from June. Detached home prices increased, while condos and townhouses saw price declines. Buyers have more…

  • Check out my new listing Address: Rural Parkland County, Alberta T7Y2H5

    Looking for peace, space, and opportunity in the county? This 3.66-acre handyman's special offers the quiet lifestyle you’ve been dreaming of, with room to grow for an affordable price. A heated 26’ x 40’ shop with two additions provides plenty of space to work, and live comfortably while you plan and build your dream home.…

  • Is it finally a home buyer’s market again? Edmonton home sales down, listings up 20 per cent from last year

    Edmonton’s real estate market shows a slight cooling with home sales down 2.6% year-over-year and new listings up 20%, increasing inventory by 21.8%. Prices remain steady, with average residential prices around $463,000, up 5.2% annually. Detached homes hold value, while row homes and townhouses see price drops. Apartment sales rose slightly, but prices declined. Rental…

  • Could Trade & Tariffs Shift the Rate Playbook?

    Could Trade & Tariffs Shift the Rate Playbook?

    U.S./Canada tariff threats complicate BoC forward guidance. BoC warned prolonged trade war could destabilize household debt servicing

  • Is BoC Pausing Cuts a Softening Signal?

    Is BoC Pausing Cuts a Softening Signal?

    The Bank of Canada paused rate cuts, keeping rates within its neutral range of 2.25–3.25%.Canada’s economy is “softer but not sharply weaker,” with recent inflation data showing continued firmness.GDP grew 2.2% in Q1 2025, exceeding forecasts, largely from tariff-driven exports—not broad economic strength.

  • Canada’s Rent Inflation Set to Drop to 3% by End of 2025

    Canada’s Rent Inflation Set to Drop to 3% by End of 2025

    Canada’s rent inflation expected to cool to 3% by end of 2025, driven by disinflationary forces. Economic stagnation and job market slack reduce demand, causing hidden deflation despite rising rents

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