Author: homegoal.ca

In April 2025, Canadian builders broke ground on new residential construction at an unprecedented pace for that month, according to figures released by the Canada Mortgage and Housing Corporation (CMHC) on May 15, 2025. The seasonally adjusted annual rate (SAAR) of housing starts jumped 30%, from 214,205 units in March to 278,606 units in April, while the six‑month moving average climbed 2.4% to 240,905 units. On an actual basis, urban centres with populations of 10,000 or more recorded 21,720 starts in April, a 17% increase over the 18,539 units in April 2024 and the highest April total on record. Source:…

On Tuesday, Cenyard Properties announced that it had acquired full ownership of two development projects in Surrey and Coquitlam, both of which were previously joint ventures with local real estate developer Landmark Premiere Properties, which is facing distress on multiple projects. Cenyard did not provide transaction details, except that the transactions completed on May 16 and that the total value of the two acquired properties is approximately $90 million. The company also said that it had funding from a major bank for the mortgages on both properties and that it will be “actively advancing” both projects. Guildford Plaza In SurreyThe…

The Greater Toronto Area (GTA) real estate downturn continued with new homes last month. Altus Group data shows April was the worst month for new home sales on record. Lofty inventory and weak demand continue to apply downward pressure on prices, though they remain sticky at current levels. With demand at a record bottom, that may change quickly.  Greater Toronto Real Estate Prices Are Lower, But Not Cheap The price of a benchmark (typical) new home across Greater Toronto.  Source: Altus Group.  Greater Toronto new home prices are still falling. The benchmark (typical) single-family home fell 5.4% to $1.53 million…

Preparing to sell your home is a big step, and it involves more than just tidying up. To make your home stand out in listing photos and during showings, you’ll want to do more than surface-level cleaning. Creating an inviting, clutter-free space allows potential buyers to picture themselves living there. Remember: buyers want to know how they will make your home their own. Why Storage Matters When Selling Your Home You’ve heard it before: first impressions matter. Buyers form opinions within seconds, and clutter can distract from your home’s best features. A well-staged home feels welcoming, spacious, and move-in ready…

When we think about decluttering our homes, we tend to focus on all the stuff we need to get rid of. But how did all of that “junk” get there in the first place? Junk doesn’t walk into your home uninvited. You open the door and – whoosh! – in it comes, carried by your own two hands. It’s time to stop inviting the clutter inside and break up with your junk for good. If you’re ready to reclaim your space and call it quits with the chaos, here are eight easy ways to break up with your junk! 1.…

New home sales were “extremely” low in April, new data shows, and Toronto builders say the federal government’s proposed relief for first-time buyers won’t be enough to revive the market. The Building Industry and Land Development Association, the voice of 1,000 member companies in building, land development and renovations in the Greater Toronto Area, said Wednesday that new home sales are at all-time lows, eclipsing the 1990 downturn. There were 310 new home sales in April, down 72 per cent year-over-year and 89 per cent below the 10-year average, according to BILD’s data analytics partner Altus Group. Of the new…

On February 6, 2023, Coromandel Properties filed for creditor protection under the federal Companies’ Creditors Arrangement Act (CCAA) while carrying over $700 million of debt across 16 active real estate projects. Although Metro Vancouver (and beyond) has seen numerous others since then, the insolvency of Coromandel Properties was one of the earliest of the recent cycle and remains unmatched in terms of the amount of projects. It’s now been over two years since the company’s filing, and although many of their lenders have secured some recovery through court-ordered sales, some still have not, including the company’s original seed investors, who…

Calgary is home to some of Canada’s most beautiful natural landscapes. Thanks to its unique geography, you’ll find an incredible range of hikes around Calgary, from scenic river paths to challenging summit climbs. No matter if you’re exploring Calgary’s lifestyle as a potential homebuyer or you’re a seasoned resident ready for your next trek, hiking nearby offers something for everyone. Here are eight of the best hiking trails near Calgary.  Easy Hikes Within Calgary City Limits  You don’t need to leave the city to get your nature fix. Calgary’s urban parks and pathways offer some of the most accessible and…

The Real Estate Council of Ontario is hosting its virtual 2025 Annual General Meeting on Thursday, where members will learn highlights of the past year, elect new directors, and have the floor to pose their burning questions. The meeting kicks off at 10 a.m. EDT with remarks by Stephen Crawford, Ontario’s Minister of Public and Business Service Delivery and Procurement.  RECO board chair Katie Steinfeld, with interim CEO Brenda Buchanan and registrar Joseph Richer, will give an overview of last year’s financial and operational performance in a presentation of the 2024 Annual Report. “Serving in this role has reinforced my…

Gemini Condos’ two towers are designed to harmonize modern aesthetics with environmental responsibility. Developed by Castleridge Homes, this pre‐construction community features one‐ to two‐bedroom layouts (with den options), all appointed with high‐end finishes, and high ceilings, with heights up to 20 feet in penthouses. Some suites feature balconies with views of Sixteen Mile Creek and Lake Ontario. Occupancy is slated for March 2026, with a projected average ROI of 19.11%*. Location Gemini is a key development in Kerr Village’s planned redevelopment, a district undergoing transformation into Oakville’s most dynamic urban hub. Its proximity to Speers Road and Kerr Street places…