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Author: homegoal.ca
After some ups and downs, Canada’s housing market finally found its footing in 2024. The year started slowly, with high interest rates keeping many would-be buyers on the sidelines. But as the Bank of Canada began to trim rates, the mood shifted. Confidence returned, and so did the buyers, many of whom had been waiting patiently for their moment to jump back in. It was the smaller, more affordable cities that drew the strongest interest from buyers, leading the market in both demand and price growth. Unlike the major metropolitan areas, these communities offered greater purchasing power, manageable competition, and…
Vancouver-based real estate developer Bonnis Properties has been ordered to return a deposit it received, plus interest and general damages, as a result of a sales transaction that ultimately fell through, according to a judgment published by the Supreme Court of British Columbia this week. The transaction was pertaining to 728, 780, and 796 Main Street, three low-rise properties located on the northeast corner of Main Street and Union Street, just south of Keefer Street in the Chinatown neighbourhood of the Downtown Eastside.Bonnis Properties submitted a rezoning application for the site in 2017 and was planning a 15-storey mixed-use building…
This Week’s Top Stories: Canadian Real Estate Drags GDP & Recession Possibility Surges
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s GDP Per Capita Crisis: 4 Provinces Grow, Others Fall—Some Back To 2020 Canada’s population is growing much faster than its economy, and the problem is reaching a crisis level. GDP per capita fell 1.4% in 2024, implying the country is seeing a decline in real income, and quality of life. However, a provincial breakdown shows not all provinces are being hit equally—four actually showed gains last year. In a similar fashion, the losses weren’t equal either: Provinces like Alberta have lofty numbers that can better afford…
Co-buying a home is gaining popularity as a creative path to homeownership, as sky-high real estate prices in cities like Toronto and Vancouver make it increasingly difficult for individuals to enter the market on their own.,. Whether it’s friends teaming up, siblings pooling resources, or families investing together, more Canadians are exploring shared ownership as a way to enter the housing market. But while co-buying offers a way to overcome affordability hurdles, it’s not without its complexities. From legal agreements to financial planning, successful co-buying requires clear communication and careful preparation. Jump Ahead What Is Co-Buying a Home? Co-buying a…
When interest rates are low, real estate markets generally see more activity, but even that tried and true trend has been bucked by the trade war with the United States, according to new statistics published by Greater Vancouver Realtors (GVR) on Friday. In April, the Greater Vancouver region recorded a grand total of 2,163 home sales, a total that’s 23.6% below the April 2024 total of 2,831 and 28.2% below the 10-year April average of 3,014. It wasn’t because there were no sellers. April saw 6,850 new listings come online. Although the figure is 3.4% below the 7,092 added in…
The Canadian Real Estate Association has significantly downgraded its forecast for home sales activity and average prices for 2025 and 2026, citing mounting economic uncertainties and trade tensions. In its latest quarterly report, CREA says this is the association’s “largest revision in between quarterly forecasts on record going back to the 2008-2009 financial crisis.” Concerns about tariffs and economic instability have notably impacted market confidence, pushing potential buyers to remain cautious or delay home purchases. Home sales expected to remain flat in 2025 CREA now forecasts that approximately 482,673 homes will be sold in 2025, effectively unchanged (down…
Buttonwood Property Management And Rental Services Is Pleased To Offer A One Bedroom Plus Den One Bathroom Condo For Rent Located At 36 Park Lawn Rd. Toronto ON M8Y 3H8 1 Br Plus Den 1 Ba With Large Balcony And Breathtaking Views Of Lake Ontario. Nine Foot Smooth Ceilings Throughout With Lots Of Natural Light. Modern Functional Open Concept Kitchen With Stylish Backsplash And Quartz Countertop. Great Location: Minutes To Humber Bay Shores Arch Bridge & Sunnyside Public Transit Coffee Shops Easy Access To QEW And Gardiner Expressway Highway 427 Mimico Go Station Short Commute To Downtown Toronto…
Set on a coveted 82-foot-wide lot in the heart of Lawrence Park, the newly listed 6 Bayview Wood blends traditional architecture with elevated contemporary living — and it does so with unmistakable poise.This stately residence offers a rare opportunity to own in one of Toronto’s most prestigious enclaves, just steps from the Toronto French School, Cheltenham Park, and the exclusive Granite Club. With homes in this tucked-away pocket seldom hitting the market, the address alone speaks volumes — but this estate delivers much more than location.A circular heated driveway, softly lit by curated landscape lighting, makes a memorable first impression.…
Find your coastal home in this one-of-a-kind historic estate, where rich history and inspired design come together. Once the proud Navy station for St. Augustine, this extraordinary home has been beautifully reimagined. Property Details Listing courtesy of JANIE COFFEY of eXp Realty Listing courtesy of JANIE COFFEY of eXp Realty Set along the shimmering Salt Run waterway, 167 feet of private shoreline invite you to breathe in the salt air and soak up the beauty of life surrounded by nature. Listing courtesy of JANIE COFFEY of eXp Realty Inside, the 2,121-square-foot home tells its story through carefully preserved original wood…
From left: Richard Le, Andy, Katie Le and Linh Hoang. Richard’s son Andy was left without his father and stepmother after the crash, according to Richard’s brother Toan Le. (GoFundMe) A Vancouver Realtor, his wife, and their five-year-old daughter were among 11 victims killed in a vehicle attack during the Lapu Lapu Day Filipino street festival in Vancouver. The attack happened Saturday night, when police say a man deliberately drove through the crowded festival street. Richard Le, 47, his wife Linh Hoang, 30 and their daughter Katie Le, 5, were among the victims who were killed. Richard’s brother, Toan…