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Author: homegoal.ca
designed by freepik The Canadian home sales decline of nearly 10% in February 2025 signals a slowdown in the real estate market. While the national outlook may seem uncertain, it’s important to remember that the market is changing. This drop clearly shows that the housing market is slowing down. And it is worrying for buyers and sellers. But what does this mean for you if you plan to buy or sell a home in Canada? Let’s learn what’s happening behind this and look at the numbers behind this decline. A Quick Look at the Numbers In February 2025, home sales…
Re/Max Canada is ushering in a new era of leadership with the appointment of industry veteran Don Kottick as its new president. A familiar face in the Canadian real estate landscape with more than 30 years of related experience—including recent tenure as president and CEO of Sotheby’s International Realty Canada—Kottick steps into the role at a pivotal time for the brand, which recently underwent a digital rebrand. His extensive background spans brokerage management, franchise development, corporate strategy and real estate technology. “We are thrilled to welcome Don as the new President of Re/Max Canada,” said Eric Carlson, CEO, Re/Max Holdings…
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.…