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Author: homegoal.ca
Canadian real estate doesn’t just feel out of reach—there’s quantitative evidence. A new Statistics Canada (Stat Can) study shows that real wages have only seen modest growth from 1981 to 2024. When compared to the surge in real home prices, it becomes clear this generation isn’t just exaggerating—home prices have grown nearly 7x faster than wages. Canadian Real Full-Time Wages Grew 24% From 1981 to 2024 Canadian wage growth has been modest—to say the least. The median real hourly wage for full-time jobs (30+ hours/week) grew 24% between 1981 and 2024—an average annual growth rate of 0.53%. That’s not exactly…
If you are looking for an upscale home in one of Canada’s major cities, Calgary presents a unique opportunity. Known for its stunning mountain views, low property taxes, and urban living free from the congestion typical of larger cities, Stampede City offers luxury buyers another desireable feature: value. What Defines Luxury Real Estate in Calgary? Luxury real estate in Calgary is characterized by properties that offer exceptional quality, design, and location. Homes in this segment typically start around $1.5 million and higher depending on size, amenities, and location. Key features often include: Custom Architecture: Homes are designed with unique architectural…
Royal LePage Blog | Canadian Real Estate News | How to move: A practical guide for a smooth relocation in Canada – Royal LePage Blog
SPONSORED CONTENT Moving to a new home is more than just a change of address – it’s a new chapter, full of potential and promise. But, getting there takes planning, organization and the right support. Whether you’re moving across town or across provinces, here are some essential tips to make your move as smooth and stress-free as possible. 1. Start with a smart plan The key to a successful move is early planning. Begin by creating a timeline at least six to eight weeks before your moving day. Use this time to: Research moving companies Notify service providers of your…
The following was submitted in response to a recent opinion piece written by Alberta Real Estate Association CEO Brad Mitchell. Contrary to the Alberta Real Estate Association’s disappointing and ill-informed assertions published in the Real Estate Magazine, the Real Estate Council of Albert’s (RECA) actions in the Drinkwater matter demonstrate the effectiveness of Alberta’s real estate regulatory framework. RECA is firmly committed to protecting consumers and upholding the integrity of Alberta’s real estate industry. “RECA acted swiftly” Upon receiving credible allegations of fraudulent activity by Eric Drinkwater in spring 2024, RECA acted swiftly and decisively in accordance…
In April, shortly before the federal election, the City of Vancouver held its own election to fill two seats on Council that were vacated after OneCity Vancouver’s Christine Boyle was elected as an MLA in the provincial election last fall and the Green Party’s Adriane Carr resigned earlier this year.Elected to fill those two seats were COPE’s Sean Orr and OneCity Vancouver’s Lucy Maloney, who both secured between 33,000 and 35,000 votes — nearly twice as many as any of the other candidates and over three times as many as any candidates from ABC Vancouver, the party led by Mayor…
Every election, we hear the same promises: more housing, more affordability. But for the next generation, homeownership is slipping further into fantasy. I’ve been in the real estate business for over twenty years, and in that time, I’ve seen young homebuyers lose hope—and parents wonder why their children can’t afford what once seemed attainable. For decades, the benchmark for affordability was simple: a home should cost no more than four times a household’s income. Today, that number is closer to ten in Toronto and twelve in Vancouver—a level once considered unthinkable. We’re told this is just “basic economics”—a supply problem…
Just in time for Pride Month, Hazelview Properties has secured Canada’s first Rainbow Registered accreditation for a residential rental building: Story of Midtown, at 73 and 75 Broadway Avenue in Toronto.The national designation is awarded by Canada’s 2SLGBTQI+ Chamber of Commerce (CGLCC) and is meant to recognize businesses and organizations that go above and beyond to create spaces where those in the queer community feel honoured and safe. “When you see a Rainbow Registered symbol, you know the business or organization meets a stringent set of standards to ensure that 2SLGBTQI+ customers feel more welcomed and accepted,” reads the CGLCC’s…
Buttonwood Property Management And Rental Services Is Pleased To Offer A One Bedroom Plus Den One Bathroom Condo For Rent Located At 12 York Street Toronto ON M5J 0A9 This 1 Br Plus Den 1 Ba Condo For Rent Has Gorgeous Lake View On A High Floor With Lots Of Natural Light. Functional Open Concept Living With Nine Foot Ceilings. Great Location Close To: Scotiabank Arena Rogers Centre CN Tower Union Station Many Restaurants & Bars Location Description: York / Lakeshore Community Name: Waterfront Communities C1 This Condo Rent Is Professionally Managed By Buttonwood Property Management And Rental…
Canadian rental prices have shown modest affordability gains, but the relief is already ending. A new report from rentals.ca shows the average asking rent fell in May compared to last year, with the largest and most expensive cities seeing the steepest declines. However, recent months show rent growth is re-accelerating—signaling the window for relief could be closing. Canadian Rents Are Down 3.0% From Last Year Canada’s rent prices are finally showing signs of softening, though progress remains minor. The average asking rent fell 3.3% year-over-year to $2,129 per month in May, marking the eighth consecutive month of annual declines. However,…
Saving for a 20% down payment is widely regarded as one of the most effective ways to reduce long-term housing costs. It reduces mortgage payments, eliminates the need for costly CMHC insurance, and shrinks the total loan amount. But for many Canadians, the path to that milestone isn’t just challenging, it’s deeply shaped by a single factor: your job. Across Canada, millions are struggling to keep up with the rising cost of living. As highlighted in a January 2025 RBC report, financial pressure is taking a serious toll on Canadians: 55% of survey participants report feeling financially paralyzed. Nearly half…