Author: homegoal.ca

Earning $100,000 a year may sound like a solid financial footing, but in today’s Canada, it doesn’t stretch as far as it once did, especially when trying to save for a home. With rising property prices and the cost of everyday essentials climbing too, many Canadians are finding it harder to get ahead, even on six-figure incomes.  For many high earners, reaching a 20% down payment on a home isn’t as easy as their salary might suggest. Even someone making $100,000 a year and saving 20% of their after-tax income (roughly $14,000 annually) could need more than a decade to…

Canada’s largest real estate board, the Toronto Regional Real Estate Board, is facing internal dissent over proposed bylaw changes that could transfer key decision-making powers—including control over membership fees—from members to the board of directors. The reforms, to be voted on at TRREB’s spring annual general meeting (AGM) on May 14, ahead of its annual conference, Realtor Quest, come with limited time for review, critics say, and have raised concerns among some members about their potential long-term implications.  Members warn the changes threaten accountability and transparency in the 73,000-member organization, which posted a $7.65-million deficit in 2024, according to financial…

On Wednesday, the City of Calgary announced the creation of a new Downtown Density Bonusing Offset Program that will “remove barriers and provide a financial incentive to encourage the creation of more than 1,500 new homes in the heart of the city.” Existing policies set a “base density” for sites depending on their zoning. The new program will encourage new high-density residential development in downtown Calgary by allowing developers to go beyond that base density. “Density,” in this case, is calculated using a metric called Floor Area Ratio, the ratio between building square footage and the square footage of the…

Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Mortgage Impairments Surge: Homeowner Or Investor Trouble? Canadian mortgage impairments are surging. New Bank of Canada (BoC) data shows mortgage impairment in Q1 2025 climbed 65% since 2022, despite the best job market in history occurring in the middle of this surge. The data may be even worse than stated, as it excluded medium-sized banks that cater to higher-risk clients. However, the most important detail in all of this data is missing—who’s falling behind on payments? Without determining this critical detail, policy to address the issue…

This Sea Island home, designed by architect John Portman, is a true original. From its sculptural white columns to its floating staircases and curved glass walls, every element has been carefully crafted to create a home unlike any other. Property Details Specs: 7 beds, 9 baths 12586 sqft Location: Sea Island, GA Listing courtesy of Atlanta Fine Homes – Sotheby’s Int’l [email protected] Listing courtesy of Atlanta Fine Homes – Sotheby’s Int’l [email protected] The interiors are spacious, open, and filled with natural light, yet grounded by warm materials and lush greenery throughout. Listing courtesy of Atlanta Fine Homes – Sotheby’s Int’l…

Despite recent softening in some markets, the average asking rent for all residential properties in Canada increased 0.4% in April to $2127, according to the latest National Rent Report from Rentals.ca and Urbanation. This marks a five-month high and the second straight month of gains. It also marks a 28% increase from the COVID-19 low in April 2021, and a 6.2% increase compared to two years ago. Prior to the pandemic, rents in cities like Toronto were climbing quickly. After the brief depths-of-the-pandemic drop, they resumed their upward trajectory once normal life resumed. With that said, rents currently – and…

Earlier this week, Nova Scotia-based Crombie REIT (TSX: CRR.UN) published its Q1 2025 financial results, simultaneously announcing that they have entered into four new partnerships with Vancouver-based real estate developer Wesgroup Properties subsequent to the quarter.The partnerships pertain to four properties that were already owned by Crombie REIT, located in Vancouver, North Vancouver, and Burnaby. All four projects are in early planning stages, with Crombie REIT saying that the partnership with Wesgroup will be “providing a path to unlock embedded value within its development pipeline” and “advancing these projects through the entitlement, design, and approval process.” The four partnerships are…

Are buyers in Metro Vancouver finally catching a break? Inventory levels crested 16,000 for the first time since 2014, marking the highest supply seen in over a decade, according to the Greater Vancouver Realtors April 2025 market report.  “Prices have stayed fairly stable for the past few months, and borrowing costs are the lowest they’ve been in years. These factors benefit buyers, and with balanced conditions across the market overall, there’s plenty of opportunity for anyone looking to make a purchase,” says Andrew Lis, GVR’s director of economics and data analytics.    Sales slump, but listings rise   Despite an…

As we (finally) head into lakeside lounging and golf club swinging season, Ontario’s cottage country-goers have a couple new dining options – and they’re backed by a famed Canadian chef. Renowned Chef Mark McEwan – known for everything from top-tier Toronto restaurants (including ONE Restaurant at the A-list-filled Hazelton Hotel) and fine grocery stores to his role as a judge on Food Network’s hit series Top Chef – has teamed up with Great Gulf Group. The powerhouse partnership brings The McEwan Group’s reliably delicious culinary creations to Great Gulf Group’s cottage country properties, Lora Bay (Georgian Bay) and Taboo Muskoka…

There’s something special about how sports bring people together—and that passion runs deep in Canada. Sports are at the heart of Canadian culture, from the crack of a baseball bat to the roar of a sold-out hockey arena. For many, living near a major stadium isn’t just convenient (or an excuse to be a season ticket holder), it’s a dream come true. But what does life near a sports venue really look like? Zoocasa rounded up some of the best cities and neighbourhoods for sports fans in Canada.  Whether you want to catch a weeknight hockey game or walk to…