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Author: homegoal.ca
CREA Revises 2025 Housing Sales Outlook: Q2 Adjustments for Tariff and Economic Uncertainty
On April 15, 2025, the Canadian Real Estate Association (CREA) released its quarterly forecast for home sales and prices, updating its January outlook to reflect heightened economic and political risks. For 2025, the CREA now anticipates 482,673 residential transactions, a 0.02% decline from 2024, which is a sharp reversal from the 8.6% growth projected in the first quarter forecast in January. The national average home price is forecast to dip 0.3% to $687,898, roughly $30,000 below earlier estimates. Looking to 2026, sales are expected to rise modestly by 2.9% to 496,487 units, with prices edging up 1.2% to $696,074. Source:…
Several months have now passed since the official sales and investment solicitation process (SISP) for The One concluded and Tridel has already been chosen to complete the troubled project, but that did not stop a mysterious entity from recently submitting a bid to buy the project that was started by Mizrahi Developments. The sales process for The One — the 85-storey mixed-use tower set for 1 Bloor Street West in Toronto — was launched in June 2024 and concluded just before the end of the year. It returned no bids to buy the project outright, thus the court-appointed Receiver selected…
Buttonwood Property Management And Rental Services Is Pleased To Offer A Three Bedroom Two Bathroom Condo For Rent Located At 180 Markham Road Toronto ON M1M 2Z9 Spacious And Bright Condo That Has Been Newly Updated. This 3 Br 2 Ba Condo Has New Floors, Large Closet Space. Building Amenities Include But Not Limited To: Outdoor Pool Outdoor Playground Gym Sauna Visitor Parking Party Room Condo Unit Is Located In Highly Desirable Area of Scarborough. Within Close Proximity To: Groceries Pharmacy Restaurants Parks TTC Just Minutes Away From Eglinton GO Station Scarborough Bluffs And Lakeside Trails Community Name: Scarborough Village…
Canadians looking to confirm that Americans obliterated our job market… won’t find this morning’s payroll data very helpful. Statistics Canada (Stat Can) data released this morning, shows the country added tens of thousands of payroll jobs in February. That doesn’t quite match the Trade War-obliterated wasteland narrative we’ve been hearing about. Looking at the unadjusted data shows hundreds of thousands of jobs were lost over the same period, which sounds closer to the narrative. Let’s dive into the data and yield insights into what’s happening here. Canada Added 80k Payroll Jobs, A Multi-Year Record Canada’s latest payroll data shows February…
The Greater Toronto Area is celebrated for its vibrant cities, diverse communities, and great potential for real estate investment. But with the average price of a single detached home sitting above $1.3 million, homeownership can feel out of reach for many. The silver lining? Condos continue to offer a more accessible entry point, especially for buyers with a $400,000 budgetst be the right fit. Whether you’re a first-time buyer, downsizing, or investing, here are some condos that for under $400,000. Listed by: ROYAL LEPAGE SIGNATURE REALTY Listed by: ROYAL LEPAGE SIGNATURE REALTY Property details: 1 bed, 1 bath Walk score 75/ Transit…
designed by freepik The Canadian real estate market has faced some challenges over the past few years. But not all cities are struggling. Real estate recovery in Calgary and Vancouver is showing promising signs despite the market’s ups and downs. These cities have become leaders in Canada’s housing market rebound. Let’s explore what’s happening in these two cities and why they are outperforming others. What’s Driving the Real Estate Recovery in Calgary and Vancouver? The real estate recovery in Calgary and Vancouver is impressive, especially as many other parts of Canada face slower market conditions. So, why are these cities…
Royal LePage Blog | Canadian Real Estate News | Amid cost of living concerns, housing remains a top ballot box issue in the upcoming Canadian federal election – Royal LePage Blog
While U.S. trade conflict and economic stability have dominated this election campaign, housing and health care are still high on the agenda In just a few days, Canadians will head to the polls to vote in the 45th federal general election. Once again, housing has proven to be a top priority for voters. According to a recent Royal LePage® survey, conducted by Burson,1 more than half (55%) of Canadian adults say that a party or candidate’s positioning on policies related to housing will influence their vote in the upcoming federal election; 39 per cent say it will not. When broken…
On a fall morning in Ottawa, Janice Myers stood before a ballroom filled with industry leaders from across Canada. It was October, and after months of painstaking negotiations, meticulous planning and coast-to-coast listening tours, Myers had finally secured the vote to spin Realtor.ca into a standalone subsidiary. The decision marked a pivotal moment for Myers, punctuated by a spontaneous, joyful “happy dance” (as she describes it) on stage. Reflecting on that milestone, Myers says, “Getting to the ‘yes’ vote in October was one of the most prideful moments of my career…it was just my emotions of getting to that point.…
A substantial new development proposal from Manulife Financial envisions a five-tower mixed-use community next to the Wilson Subway Station, with building heights ranging from 21 to 49 storeys. The ambitious proposal was submitted in early March and services an Official Plan and Zoning By-law Amendment application seeking to transform what is currently a low-rise retail plaza called the ‘Shops at Wilson Station’ into a dynamic high-rise community hub home to residential, retail, and daycare uses. Located at 75 Billy Bishop Way and 0 Wilson Avenue, the development site not only sits directly adjacent to Wilson Station, but also just north…
Canadian politicians are promising to build millions of homes—an unrealistic plan not grounded in reality. The good news is the country doesn’t need millions of homes to correct the housing shortage, according to BMO Capital Markets. In a new report, the Big Six bank argues that decades of underbuilding is a myth, and the issue was manufactured post-pandemic. Consequently, the acute shortage is much smaller than framed, and could be tackled without unrealistic promises. Canada Is Promising To Build Millions of Houses Based On A Myth Canadians are under the impression that the country has underbuilt housing for decades. Consequently,…