Author: homegoal.ca

Forest Hill, Toronto, is one of the city’s most prestigious and storied neighbourhoods. Located just north of downtown, it offers a balance that appeals to families, professionals, and investors alike. For many, living in Forest Hill means enjoying the best of both worlds: luxurious privacy in a village-like setting, with the city’s cultural and business hubs only minutes away. This neighbourhood guide breaks down what it’s like to call Forest Hill home. Where Is Forest Hill, Toronto?  Listed by: SUTTON GROUP-ADMIRAL REALTY INC. Forest Hill is a neighbourhood in midtown Toronto, bounded by Eglinton Avenue to the north, Bathurst Street…

For much of this year, the Greater Toronto Area’s housing market appeared to be holding onto a fragile recovery. That narrative cracked in August. Sales clocked in at 5,211, slightly higher than last year, but on a seasonally adjusted basis, it was the first monthly decline since March. Prices remain under pressure: the benchmark fell to $978,100, continuing a nine-month streak without gains. More importantly, the mix of which products are falling hardest is surprising even to seasoned observers.     Detached homes and condos lead the decline   Conventional wisdom said 416 detached homes would prove more resilient than…

Non-bank lenders are continuing to maintain a consistent presence in Canada’s residential mortgage market. Credit unions and mortgage investment entities (MIEs) account for a substantial share of outstanding loans as of Q1 2025, within this category. Source: Statistics Canada Across all non-bank lenders, residential mortgage balances stood at $396.8 billion in Q1 2025. That compares to $330.3 billion in early 2020, reflecting steady growth over the past five years with some flattening in late 2024. Credit unions made up the majority of this lending, holding $274.4 billion at the beginning of 2025, while MIEs and other non-bank institutions accounted for…

Toronto-based private equity real estate firm KingSett Capital has acquired the twin office towers in downtown Vancouver known as Pender Place, after the high-profile complex was put on the market earlier this year.Pender Place is located at 700 W Pender Street and 750 W Pender Street in the heart of downtown Vancouver, which are together a single 0.716-acre legal parcel with an address of 700 W Pender Street. Cadillac Fairview (CF) — the wholly-owned real estate subsidiary of the Ontario Teachers’ Pension Plan — jointly owned 700 W Pender Street alongside the Investment Management Corporation of Ontario (IMCO) and the…

Cathy Polan, president of the Ontario Real Estate Association (OREA), said the organization applauds the provincial government’s decision to review the Real Estate Council of Ontario (RECO) in the wake of the iPro Realty Ltd. scandal. In a statement provided to Real Estate Magazine, Polan said the “turmoil and lack of meaningful support” by RECO for those affected “only underscores what (Realtors) have said for years: Ontario’s real estate regulator lacks independent oversight, transparency, and the teeth to hold bad actors accountable.” While OREA recognizes the value of engaging external communications support in challenging times, Polan said OREA is “deeply…

A new homeless shelter recently opened in my neighbourhood, operated by St. Felix Centre. By definition, I am the one who is “supposed” to object — the neighbour who falls into the familiar NIMBY category. Instead, I want to explain why I support this project, and why it has the ingredients not only to succeed but to become a model for other shelters.When Adaptive Reuse Meets Urgent NeedThe shelter was created by renovating an existing building, rather than constructing a new one. This distinction is critical. New builds are often more difficult for communities to accept because they visibly alter…

Greater Toronto real estate’s recovery slipped beyond the horizon in August, despite a small bump in buyers. TRREB data shows a minor year-over-year increase in sales, but demand remains near historic lows and far from normalizing. At the same time, more sellers flooded the market, pushing inventory to a record high and forcing deeper price cuts.   Toronto Real Estate Price Declines Continue, Now 24% Below Record High TRREB Composite benchmark: The price of a typical home across the Greater Toronto Area in Canadian dollars.  Source: CREA; TRREB; Better Dwelling.  Greater Toronto real estate prices are finding little relief despite industry…

In August 2025, the City of Toronto recorded 1,779 home sales—a 19.3% drop from July’s 2,205 transactions. New listings also declined, with 4,538 added in August, down 24.5% from 6,008 in July. Active listings tightened as well, falling 12.3% month-over-month from 10,993 to 9,644. Despite these decreases, the months of inventory held steady at 4.7, showing no month-over-month change, meaning buyers still have inventory to choose from in today’s market. Overall, Toronto’s housing market remained balanced in August, even with fewer sales and fewer new listings. The average selling price across all home types in the Toronto region fell by…

The real estate industry in Canada is facing a profound reputational challenge in the wake of two high-profile scandals involving iPro Realty Ltd. in Ontario and Re/Max Real Estate (Central) in Calgary.  These incidents have not only shaken consumer confidence but also exposed critical weaknesses in the regulatory oversight meant to protect the public. As millions of dollars are at stake and trust is eroded, industry leaders emphasize that the damage extends beyond the individuals involved, threatening the integrity of the entire profession. For many Canadians, buying or selling a home remains one of the most significant financial decisions of…

While still far from recovered, the Greater Toronto Area (GTA) housing market continued to see increased activity in August as home sales grew on a year-over-year basis for the second month in a row. According to the Toronto Regional Real Estate Board (TRREB), there were 5,211 home sales last month, up 2.3% compared to August 2024.This bump follows a 10.9% annual increase in home sales recorded in the previous month, which was the highest July home sales had been since 2021. On a seasonally-adjusted month-over-month basis, however, sales dipped 15.7% in August from July’s 6,100 transactions. Zooming out, while the…