Author: homegoal.ca
After countless revisions, endless opposition, and an extended public hearing, Vancouver City Council finally granted rezoning approval for the three-tower redevelopment of the Safeway adjacent to Commercial-Broadway Station on Tuesday, a project that has been in the works in some form for about a full decade.Set for 1780 E Broadway on a site currently occupied by a Safeway and its surface parking lot, the project — by Westbank and Nova Scotia-based Crombie REIT (TSX: CRR.UN) — was originally planned as three towers up to 30 storeys and primarily strata. The housing mix was shifted towards rental over the years and…
Canadian policymakers are helicoptering money to stimulate building, but it doesn’t appear to be working. Statistics Canada (Stat Can) data shows the total value of building permits fell sharply in April, dropping to the lowest monthly volume in nearly a year. The annual decline was so large it was amongst the largest since 2020. Canadian Real Estate Building Plans Saw One of The Sharpest Declines Since 2020 The total value of Canadian building permits in seasonally adjusted billions of dollars. Source: Statistics Canada. Canadian building intentions hit a roadblock last month. The total value of building permits fell to just…
Crystalline lakes. Wildflower meadows. Charming streets. Banff in the summer is nothing short of magical. As Canada’s oldest national park, this town has long drawn global visitors seeking outdoor thrills and postcard-worthy views. If you’re curious about things to do in Banff this summer, there’s a mix of adventure, culture, and tranquillity waiting for you to explore. Even better? Many of these experiences are just minutes from town. Soak Up Nature with These Classic Banff Activities Summer in Banff is all about getting outdoors. Here are some of the most beloved ways to take in the region’s beauty: 1. Canoe…
Royal LePage® is a registered trademark of Royal Bank of Canada and is used under licence by Bridgemarq Real Estate Services®. The property information on this website is derived from Royal LePage listings and the Canadian Real Estate Association’s Data Distribution Facility (DDF®). DDF® references real estate listings held by brokerage firms other than Royal LePage and its franchisees. The accuracy of information is not guaranteed and should be independently verified. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies the REALTOR.ca Data Distribution Facility (DDF®). All offices are independently owned and operated. Those offices…
After years of frenzy and growth, a new report by the Canada Mortgage and Housing Corp. points to a dramatic slowdown in Toronto and Vancouver’s condo markets. Sales of new, resale, and pre-construction units have plunged since mid-2022, marking a stark shift from the boom period driven by low interest rates and investment. By the first quarter of 2025, condo apartment sales had dropped by a staggering 75 per cent in Toronto and 37 per cent in Vancouver compared to mid-2022 levels, reads the report. The sharp pullback comes amid rising borrowing costs and weakened demand from both end-users and…
Month after month, housing supply is building up on the Toronto real estate market as sales continue to fall flat. Meanwhile, condo inventory makes up more than half of the supply out there. According to the latest data from the Toronto Regional Real Estate Board (TRREB), there were 11,705 active listings in the City of Toronto at the end of May, and of those, 6,855 were active condo listings. That means that almost 60% of the available inventory in the city is condo supply, which isn’t necessarily news to anyone with an ear to the ground of the market —…
Canadian unemployment is rising, and the country’s largest province is leading the trend. Ontario’s unemployment rate climbed to 7.9% in May—nearly a full point above the national average. A new report from BMO warns the province’s unemployment rate is now at a level not seen outside of the worst recessions. The problem is set to worsen as job creation, already failing to keep pace with labour force growth, slows even further. Ontario Unemployment Rate Surges To Recession Highs Ontario unemployment rarely reaches this level—and when it does, it’s really bad news. BMO warns that the province’s 7.9% unemployment rate hasn’t…
You wake up with itchy eyes and a stuffy nose—again. Maybe it’s the changing seasons, or maybe it’s something lingering in the air inside your home. The truth is, indoor allergens are a common issue in many Canadian homes. The good news? You can reduce allergens in your home with a few simple changes. Whether you’re prepping a new home before move-in or refreshing your current space, these six tips will help you breathe easier. Jump Ahead Upgrade Your Air Filters and HVAC Maintenance Your home’s heating and cooling system can either help trap allergens or spread them around. One of…
Whether your clients are purchasing vacation homes, cottages, and rental properties for their personal use, or to house regular tenants or shorter-term rentals through Airbnb and Vrbo, having a property inspection is a great preventative measure that can save them a lot of hassle by offering a heads-up to any major issues that are present or could arise in the future. When existing problems or potential issues are identified during a property inspection, they can often be remedied by the seller, or the buyer can be compensated with a lower purchase price to make up for future spending. Since cottages…
City-building doesn’t happen without demolition. The Teperman name has been synonymous with demolition — and subsequent city-shaping — for over a century, with Teperman Wrecking’s signature orange and black trademark a familiar sight on construction hoarding in major Canadian cities. Marvin Teperman, grandson of Teperman Wrecking’s founder Samual, was front and centre to the company’s large-scale growth. Alongside his cousin Morton, he took over a labour intensive operation and turned it into a multi-faceted machine intensive institution across Canada and into the United States (US). The change-maker — one his grandson, Toronto developer Jordan Teperman, calls an icon and his…