Author: homegoal.ca
After 40 years in business, Toronto-based real estate marketing firm L.A. Inc. announced on Thursday that the company has closed its doors.”The end of an era. L.A. Inc’s journey has come to an end. It has been 35 plus years of amazing story telling. We’ve witnessed profound changes in the real estate sector, both up and down,” said the company in a LinkedIn post. “Unfortunately the headwinds we have experienced over the last several years have been too great to continue.”The award-winning Toronto-based agency was founded in 1985 by Lawrence Ayliffe, who has over six decades of experience working in…
HonestDoor, the Edmonton-based proptech company and brokerage, is gearing up to launch a new AI-powered assistant this year. The tool, named Doora, promises to do everything from decoding property data and explaining market trends to guiding users through the buying and selling process, all in natural language. “We are launching it because for years we’ve wanted to make an AI push,” says HonestDoor founder and CEO Dan Belostotsky. “We strongly feel that it’s the future.” A 24/7 guide Doora will allow users to ask ultra-specific questions based on multiple data points, like “Which house do you like better…
Over the past five quarters, there has been a shift toward buyer’s market conditions. While population growth remained positive, it moderated toward the end of the period. At the same time, the unemployment rate rose from 6.7% in Q1 2024 to 7.5% in Q1 2025, and rental markets began to soften. Together, these factors contributed to a buildup in resale inventory and mounting downward pressure on home prices. Sales Source: Edge Realty Analytics Ontario’s housing market underwent changes in sales activity between early 2024 and early 2025. Sales rose strongly in Q1 2024 and again in Q4, but these periods…
The Canada Mortgage and Housing Corporation’s (CMHC) annual Mortgage Consumer Survey was released this week and the findings reveal a varied, but overall optimistic, homebuyer landscape based on responses from 3,968 mortgage consumers collected in January 2025. While an increasing amount of homebuyers paid the maximum that they can afford for a home and more consumers are struggling to make mortgage payments, respondents are more optimistic about their home purchase being a good investment than they were in 2024 and first-time homebuyers are making up a larger share of transactions than they did a year ago.While 58% of homebuyers surveyed…
Canadian inflation is officially “too high,” putting the Bank of Canada’s (BoC) credibility into jeopardy for the second time in five years. April inflation data breached the central bank’s upper tolerance band—just weeks after it dismissed accelerating price growth and cut rates, effectively adding inflationary stimulus. BMO had a blunt warning to investors this week: Another cut at these levels would force markets to doubt the BoC’s commitment to its sole mandate: inflation control. Canadian Inflation Headline Data Temporarily Lowered By Carbon Tax Headline CPI fell sharply to 1.7% in April (from 2.3% in March), artificially lowered by the carbon…
If your idea of heaven includes fresh herbs on the windowsill, tomatoes ripening under the sun, and weekends spent knee-deep in dahlias, these homes with gardens are for you. We’ve gathered a selection of homes that are a dream come true for gardeners — from charming cottages with established perennial beds to modern retreats boasting edible landscapes and greenhouse setups. Whether you’re a seasoned grower or just planting your first seeds, these properties promise the perfect patch of earth to let your garden grow. Listed by: Royal LePage Royal City Realty Listed by: Royal LePage Royal City Realty Listed by:…
Former Calgary Realtor Eric Drinkwater, who is charged with $1.9-million in alleged fraud, is facing a potential lifetime cancellation of his licence after a regulatory hearing on Thursday.~ Drinkwater appeared in a virtual disciplinary hearing held by the Real Estate Council of Alberta, where he agreed to a laundry list of illicit activities that amounted to a significant Ponzi scheme affecting 71 confirmed victims, and maybe dozens more, an investigation found. Given the extraordinary nature of Drinkwater’s actions, RECA’s office of the registrar did not make a specific argument for sanction, and is leaving the decision to the independent panel. …
Canada’s urban population is expanding along two distinct but equally important lines: total population gain and relative growth rate. Toronto leads the country in absolute numbers, adding nearly 269,000 residents, more than any other metropolitan area. Calgary, meanwhile, recorded the fastest growth rate, with its population rising by 5.8%. Toronto and Calgary top the roster of Canada’s fastest-growing cities, exemplifying the two faces of urban expansion. Beyond these two, several other municipalities reported robust increases in population, whether measured in sheer numbers or percentage gains, driven by factors such as housing affordability, employment opportunities and quality of life, creating trends…
A Scarborough development proposal that has faced significant pushback from community members and City Council is moving forward with the submission of a Site Plan Approval application for one of the projects’ four blocks. Proposed is a 17-storey residential building with a six-storey base offering 290 rental units. The development block, Block Three, is part of a larger complex set to contain a total of five towers with heights ranging from 17 to 49 storeys, a new 21,689-sq.-ft public park, and 2,105 residential units. The development is being proposed by Choice Properties REIT who has set their sights on a…
If you’re among the growing wave of Canadians heading to Alberta in search of more space, less stress, and a genuine shot at homeownership, you’re in good company. In 2024, the province welcomed a record number of newcomers, with over 26,000 arrivals from Canada’s two most expensive provinces, proof that the dream of owning a home is alive; you might just need to travel outside British Columbia and Ontario to achieve it. Alberta’s record-breaking net immigration gains (14,230 from Ontario and 8,379 from British Columbia) signal a clear shift: Canadians are leaving behind steep housing costs in favour of affordability,…