Mindblown: a blog about philosophy.
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Calgary council to make final rezoning amendments and cast vote
City council will finalize changes to a rezoning proposal and vote on it soon. The proposal would change the base zoning designation to allow for higher-density homes. After hearing from 736 speakers, council will introduce amendments and debate before making a decision. Continue to full article
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Please check out our video. | Calgary Housing Market: Potential Shift Towards Normalcy
Calgary's housing market could normalize this month after years of being a seller's market. The market surge can be attributed to an influx of out-of-province buyers, leaving inventory struggling.
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Please check out our video. | Calgary’s Real Estate Market Favours Sellers
Calgary's Real Estate market saw robust activity in April, with home sales reaching 2,881. Sales increased by 7% yearly, though yearly growth slowed compared to previous months.
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Please check out our video. | Demand for Lower-Priced Listings Driving up Calgary Prices, Sales
Calgary Real Estate prices continued to ↑ in April, driven by high demand for affordable properties and low supply.The benchmark price of a house reached ~$604K in April, ↑ 9.9% yearly.
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Calgary City-Wide Rezoning Public Hearings End After Two Weeks
The hearing for Calgary's city-wide rezoning plan, the largest in the city's history, has concluded after more than two weeks. The plan includes rezoning residential areas for multiplexes and rowhouses, allowing secondary and backyard suites, and facing opposition from various groups. The decision will be made by the council next week. Continue to full article
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Please check out our video. | Calgary: Appealing Rents Due to Lower Taxes
Calgary offers attractive rental rates, potentially due to Alberta's lower tax structure.Bachelor apartments average $1,578 monthly.
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Please check out our video. | Calgary Rents: A Flat Decrease Can’t Hide a Year of Steeper Prices
Rent in Alberta is rising faster than anywhere else in Canada despite the national avg going down. Calgary rent was $1,707/mo in March for a 1-bedroom apartment, ↓ 0.3% MoM but ↑ 8.5% yearly.
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Please check out our video. | Calgary: Annual Growth in Early-Q2 Amid Monthly Fluctuations
The median rent for a 1-bed in Calgary was $1,830 in April. It was ↓ 0.5% MoM, but ↑ 10.9% yearly.
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Please check out our video. | Calgary’s High Housing Starts Outpace Rising Demand
Calgary experienced record-breaking residential construction in response to soaring housing demand. Total housing starts ↑ 13% to 19,579 units, with growth across all dwelling types.
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Please check out our video. | Hot Calgary Housing Market Fuelled by Migration
Sales Up: – Calgary home sales ↑ 9.9% yearly in March 2024. Migration Boost: – Interprovincial migration to Alberta is contributing to strong market activity.
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