Mindblown: a blog about philosophy.
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Early Summer Calgary Home Sales Data | Please check out our video.
June Sales Decline: Home sales ↓ 12.8% yearly, with 2,738 properties sold. Higher Than Long-Term Trends: Despite the drop, sales ↑ 17% higher than long-term monthly trends.
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Is the Calgary Housing Market Leaving First-Timers Behind? | Please check out our video.
First-time buyers in Calgary face challenges amidst rising home prices and limited affordable options. The benchmark price for single-family homes hit a record high of ~$762K, up 13% annually.
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How The City Of Calgary’s New $60M Housing Capital Initiative Will Work
The City of Calgary has initiated a $60M Housing Capital Initiative to aid housing partners in securing extra funding. Eligible applicants are registered charities or non-profit organizations with housing project experience. The funding targets specific projects like new residential units and conversions, with a cap at 30% of project costs. Affordable rental units and mixed-use…
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Canada’s Most Livable: Calgary Shines in Top 5 Globally | Please check out our video.
Calgary has moved up to number 5 in the liveability index among the top 10 most livable cities in the world. Calgary scored higher than Vancouver in stability and infrastructure metrics.
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Calgary home sales fall in June but still above long-term trends
Calgary Real Estate Board reveals a 12.8% decrease in home sales in June compared to the previous year, with 2,738 properties sold, mostly lower-priced homes. Nevertheless, activity is still 17% above the long-term average. The benchmark price in June was $608,000, an 8.5% increase from last year. New listings fell by 3.6% while inventory increased…
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June sales decline
Calgary's June sales fell by 13% compared to the previous year, with homes priced above $700,000 showing improvement. Lower-priced homes struggled with supply issues. The sales-to-new-listings ratio remained high at 72% as new listings decreased. Inventory levels improved but are still 40% below long-term averages. Prices increased to $608,000, a 9% rise from last year.…
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Is Calgary a good place to live?
Calgary, a city with a cowboy spirit, attracts Canadians seeking affordable housing and a strong economy. Located in Alberta, it offers access to outdoor treasures like Lake Louise. Notable neighborhoods include Inglewood, Kensington, Bridgeland, East Village, and Mission. Calgary's largest employers are in the energy sector, with companies like Canadian Pacific Kansas City and Suncor…
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Benchmark Apartment Prices in Calgary: $240K-$280K | Please check out our video.
Calgary buyers can acquire 2 condos for $735K, with $54K remaining. The benchmark apartment price in Calgary ranges from $240K-$280K.
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What’s Driving Calgary’s Rent Frenzy? | Please check out our video.
Calgary's population grew by over 300K people from 2011 to 2023, increasing housing demand. Rising home prices have pushed prospective buyers into the rental market, increasing rental demand.
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Check out my new listing Address: 251 19 Avenue NE
Great revenue or holding property within minutes of downtown. Charming inner-city bungalow on quiet street with amazing access to downtown. 2007 renovations include kitchen, and flooring throughout. Two bedrooms and one flex room down make perfect use of this cute house. The oversized single garage is a massive open space with a high ceiling and…
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