Mindblown: a blog about philosophy.

Calgary's downtown office vacancy rate dropped from 25% in early 2023 to 23.3% by the end of the year. The oil and gas downturn caused layoffs, affecting industries, leading to prolonged high downtown office vacancies.

Calgary’s housing market remains strong, with robust sales reflecting high confidence in real estate. Property assessment values for 2025 total $442 billion, a $55 billion increase from last year.

1. Pre-construction properties offer appreciation potential. 2. Value-add strategies increase returns through renovations and suites

Calgary’s "Home is Here" strategy aims to add 1K market and 3K non-market homes annually. In 2024, Calgary is on track for a record 16,600 market housing permits and 785 non-market permits.

Calgary home resales were 50% above pre-pandemic levels, rising another ↑ 4% from October to November. Strong demand continues to outpace supply, keeping sellers in control of the market.

恭喜發財. Wishing you prosperity. Lunar New Year, is the most important celebration observed in China, with cultural and historic significance.The New Year celebration is centered around removing the bad and the old, and welcoming the new and the good. Traditional activities include reunion dinner, cleaning houses, visiting family members, setting off firecrackers and fireworks, and…

Calgary council is voting on new regulations to manage short-term rentals amidst a tight rental market.Proposed rules limit short-term rentals to 180 days and restrict them in affordable housing areas.