Mindblown: a blog about philosophy.

New condo prices in Edmonton were up yearly in Q2 2025. Prices are more than 28% higher than the low reached in Q1 2022. Since Q1 2017, prices have grown by 9.2%. The market has shown a clear recovery trend since mid-2021. Edmonton’s condo sector is benefiting from renewed buyer confidence.

Population growth outpaces housing supply, especially in Toronto and Calgary, setting strong long-term fundamentals for housing demand. Mortgage rates are expected to drop to 4.25% by 2027, improving affordability and driving renewed buyer activity in key markets. Contrarian investors should target entry-level homes and suburban areas, where prices have dropped 10–15% since 2022. Government-funded supply…

Central bank held rates for the third straight time, keeping the overnight rate at 2.75%. Decision follows rising inflation (1.9%) and a strong job report (+83,800 jobs), reducing the likelihood of a cut. Ongoing U.S.–Canada trade tensions under Trump’s tariffs are creating uncertainty and upward inflation risks. Scotiabank and RBC predict no more cuts in…

Edmonton is Canada’s most affordable major city for renters. One-bedroom units average $1,310, two-bedroom $1,660. Rent remains low despite national trends of increase elsewhere. Edmonton sits at the bottom of Canada’s rent price list. The city benefits from lower demand and high housing supply.

The Bank of Canada is keeping its key lending rate at 2.75%. Your loan and mortgage rates won’t rise—for now, your payments stay the same. If you’re house-hunting, affordability remains tight but could improve later in 2025. No change in borrowing costs means it’s still smart to shop around for better terms. Relief may be…

Median home prices could hit $800K in Montreal, $1.8M in Toronto, and $2.8M in Vancouver by 2032 if supply stays limited. AI analysis shows housing supply, regulatory policies, construction costs, and demographics will shape future home prices. Doubling completions or reducing approval delays could ease price growth in Toronto and Vancouver. Labour shortages, rising costs,…

Appreciation rate is the annual percentage increase in a property’s value over a specific time period. It’s a critical metric for Canadian homebuyers and investors evaluating long-term property performance. Key drivers include location, infrastructure, economic trends, interest rates, and housing market supply and demand. Appreciation may be market-driven or forced through property upgrades like renovations…

Slide 1 B.C. is waving goodbye — 70,000 people packed up and left last year. Slide 2 Almost 38,000 of them headed to Alberta for bigger paychecks & smaller mortgages. Slide 3 Alberta’s loving it — biggest net population boost since 1972. Slide 4 Why leave? Housing too pricey, taxes too heavy, wages too low,…

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.