Author: homegoal.ca

Greater Toronto real estate shattered hopes of a turnaround. Toronto Regional Real Estate Board (TRREB) data shows home prices fell for a fifth consecutive month in October, hitting the lowest level in over four years. At the same time, weak demand and a surge of sellers pushed inventory to a record high.  Toronto Real Estate Prices Continue To Plunge Lower Toronto Real Estate Prices: Composite Benchmark.   Source: TRREB; CREA; Better Dwelling.  Greater Toronto real estate prices continued to march lower for a fifth consecutive month without a break. The price of a typical home fell 0.36% (-$3,500) to $956,800…

Buyer confidence is slowly returning, and with it come more competitive buying conditions. That, combined with rising home prices, means that more homebuyers may go over budget when purchasing their dream home.  In the National Association of Realtors’ latest home price report, median home prices in 170 metro markets (out of 228) posted year-over-year increases. The Northeast and Midwest experienced the largest price gains, rising by 6.1% and 3.5% respectively.  Is it possible for buyers to find a home within their budget? That depends. According to a recent Zoocasa survey of over 1,000 respondents, one in four American homeowners paid…

Each Wednesday, Real Estate Magazine shares insights, experiences and advice from top-performing teams and agents across Canada. If you’d like to contribute or nominate a colleague or team, send us an email.   Editor’s note: Rob Golfi answered our questions in September 2025, as part of a feature in a special print edition of REM.   REM: How did you first get into real estate?RGT: I wanted a business where effort directly translated into results. In real estate, when you make a sale, you get paid in 60 to 90 days. In traditional business, you’re often chasing receivables or waiting…

REVEL Style Magazine issue X has arrived, and ten years in print has never looked so cool. As fashionable, stylish and relevant as the first issue, REVEL Style Magazine now carries a legitimate lifespan as a major emblem of the REVEL brand. This year’s tenth edition is nothing short of extraordinary, and as always, it represents the culmination of REVEL’s efforts to REVELutionize real estate.  Launched officially at REVEL headquarters in Niagara Falls to an electric crowd of anticipating clients, colleagues, friends and family, REVEL Style issue X features lifestyle articles in the company of proud community supporters and sponsors,…

Canadians earned less last year—but not across the board. New taxfiler data from Statistics Canada (StatCan) shows the country’s top earners barely budged in 2023, even as most earners saw their income eroded by inflation. But the real insight isn’t who made the most—it’s how they made it. As poorly targeted policies continue to penalize labour and reward non-productive speculation, the income gap is shifting—from how much you earn to how much you already have.  Canadians Need To Earn $294k To Join The 1%—And It’s Falling  It got slightly easier—on paper—to join Canada’s wealthy elite. The income threshold for the…

Outdoor spa at upcoming condo project Livy in Port Coquitlam, B.C. (Photo: NorthStar Development)   From rooftop pools to yoga studios, condo developers across Canada are doubling down on amenities to stand out in a crowded market. But are buyers really choosing homes based on the extras? Taylor Musseau, partner at MLA Okanagan, said amenities help round out the lifestyle pitch for Stober Group’s new two-building development in Kelowna, where she is handling sales and marketing. The development dubbed Movala, in Kelowna’s sought-after South Pandosy area, includes nearly an acre of shared spaces. Residents will have access to a pool,…

QUICK HITS The developer’s attempt to add nearly $60,000 in extra fees beyond the APS terms was determined to be a breach of contract. Courts ruled that sellers must provide clear documentation and justification for any additional charges listed in statements of adjustments. Because the seller breached the APS, buyers were entitled to recover their deposit and upgrade payments Because the buyers took possession of the property for at least a year, the buyers were found responsible for paying fees totalling $68,000 to compensate the seller for the time they lived there. In litigation arising from disputed real estate transactions,…

Canada’s recent real estate boom—and bust—was followed by an immigration surge charting a similar trajectory. Together, they expose generous high-leverage mortgage programs that shift risk off lender books and onto public and private insurers. These programs enabled buyers with minimal credit and few local ties to purchase homes at peak prices. With values now plunging, the lack of transparency raises questions about how these will perform—and whether the loans amplify the market’s downside risks. Welcome To Canada—Would You Like A $1M Mortgage?  Canadian mortgage insurers have long de-risked lenders issuing high-leverage loans to recent immigrants. These programs allow newcomers to…

Redecorating your home can feel exciting, but it can also feel overwhelming if you’re unsure where to start, especially since it’s such a big project. With numerous furniture styles, lighting fixtures, and wall art options to choose from, it can be challenging to determine what truly works in your space and what doesn’t. To help, we put together a list of 5 common interior design red flags and simple ways to fix them if they’re present in your home. Too Many Competing Colours Incorporating too many colours in one room can make your home feel chaotic and visually unbalanced. It…

Paul Poliszot, 2021 (supplied)   The Real Estate Council of Ontario (RECO) has issued an order to freeze the bank accounts of Oakville, Ont.-based Rexig Realty Investment Group. The regulator has also issued a proposal to revoke the registrations of both the brokerage and Broker Paul Poliszot, the brokerage’s director and president.  The measures, announced Oct. 30 under the Trust in Real Estate Services Act, 2002 (TRESA), are intended to protect consumer deposits. RECO says the freeze order prevents funds from being withdrawn from the brokerage’s bank accounts. It uses freeze orders “when necessary” to ensure that money held in…