Author: homegoal.ca

Source: Statistics Canada The New Housing Price Index (NHPI) is a monthly measure from Statistics Canada that tracks price changes for newly built ground-oriented homes, including single-family, semi-detached, and row houses. It reflects the selling prices builders charge for comparable units over time, excluding condos and resale properties. By holding home specifications constant, the NHPI isolates real price movement driven by market forces such as construction costs, labour, and land value. The NHPI offers insight into how the cost of newly built homes changes over time, indicating pressures in construction input costs (materials, labour), lot availability, and developer pricing behaviour.…

Downtown Edmonton hosts thousands of post-secondary students, so to support their success as well as the revitalization of the downtown core, the City of Edmonton is introducing a new Downtown Student Housing Incentive program. It’s the first program of its kind in Canada, according to the City.”The Program has two main priorities: increasing downtown revitalization and off-campus student housing,” said City staff in a Council report. “Projects will be prioritized for funding based on alignment with the program priorities and objectives, as well as how well projects meet the program criteria.”The Downtown Student Housing Incentive is a straightforward program that…

Canadian headline inflation came down sharply but that doesn’t tell the full story. Statistics Canada data shows the headline consumer price index (CPI) climbed 1.7% year-over-year (YoY) in July, down from 1.9% in June. The deceleration was almost entirely due to gas prices, leading to a modeling skew. A deeper dive into the numbers reveals grocery and shelter costs are hitting budgets harder, and the central bank’s preferred inflation measures remain alarmingly elevated.  Canadian Headline Inflation Slowed, But It Was Just Gas  Canada’s headline CPI deceleration is almost entirely a story about gasoline prices. Headline annual growth was 1.7% in…

When choosing a place to live, convenience is often a top priority. For many, this means being within walking distance of restaurants, shops, and cafes.  So, where can you find the most walkable U.S. cities? Let’s explore how walkability shapes lifestyle and real estate choices, what the Walk Score is all about, and which cities and neighborhoods rank highest in the country for life on foot. What Is Walkability and Why Does It Matter?  Walkability measures how easy and enjoyable it is to run daily errands, commute, or find entertainment without relying on a car. Walk Score is a tool…

As Mississauga-based iPro Realty. Ltd. shuttered its 17 branches on Tuesday after being found to have mishandled millions of dollars, Real Estate Council of Ontario issued an update to address some of the many questions stemming from the shocking events affecting 2,400 agents.  The closure follows the discovery of a $10.5-million shortfall in the company’s consumer deposit and commission trust accounts during a scheduled inspection. The amount has since declined to less than $8 million. “This is a serious breach of iPro’s responsibilities under the law and to its consumers and agents. RECO’s approach has been to recover the greatest…

Uptown Waterloo stands out for its balance of energy and livability. Home to a dense network of tech companies, two major universities, and a strong mix of industries, ranging from financial services to healthcare and advanced manufacturing, it is a city shaped by talent, innovation, and continuous growth. The city also offers walkable streets, a mix of independent shops and restaurants, strong public transit, and a surprising amount of green space. Trails, parks, and conservation areas are easily accessible, enhancing daily lives. This makes Waterloo appealing not only to professionals and students looking for proximity to the universities and employers,…

Plans recently submitted to the City of Toronto aim to redevelop a Scarborough medical building with a 15-, 36-, and 40-storey mixed-use complex that would deliver over 1,300 new condo units and 20,212 sq. ft of retail space. The Zoning By-law Amendment (ZBA) application was filed in late July by 2031740 Ontario Inc., a numbered company represented in planning materials by an individual named Hagop Boyrazian.The site spans 2.74 acres and sits at 2130 Lawrence Avenue East on the north side of Lawrence, just west of Birchmount Road and in the Wexford/Maryvale neighbourhood. If approved, the site would be transformed…

Whether you’re heading on a quick weekend getaway or planning a cross-country trip, leaving your home unattended can come with its risks. From break-ins and burst pipes to power outages and package thefts, unexpected issues can arise when no one’s around to keep an eye on things. The good news? With a few simple precautions, you can protect your property, reduce the risk of costly damage, and enjoy your time away with peace of mind. Before you pack your bags, consider these home safety tips: Secure all entry points Start with the basics: ensure that all doors and windows are…

A 12-storey mid-rise proposal slated for 635 Sheppard Avenue East and 1 Greenbriar Road in the North York district of Toronto has jumped in height to 30 storeys, according to revised plans from AC Development. The more-than-double increase reflects the fact that “the policy framework and development trends for the surrounding area have changed,” according to the planning report that went to the City.Official plan and zoning bylaw amendment applications for the initial 12-storey development at southeast corner of Sheppard Avenue East and Greenbriar Road were adopted by City Council in October 2023, and at the time, the proposal called…

Canadian condo apartments are sliding after dodging much of the housing correction. Canadian Real Estate Association (CREA) data shows benchmark condo prices fell for a fourth straight month in July, marking the start of a second wave of losses. Canadian Condo Apartment Prices Fall To A 4-Year Low Canadian benchmark condo: The price of a typical condo apartment across Canada in Canadian dollars.   Source: CREA; Better Dwelling.  Canadian real estate prices have generally moved lower, and apartments were no exception. The price of a typical apartment fell 0.8% (-$4,000) to $490,600 in July, now down 5.4% (-$28,000) from last year.…