Author: homegoal.ca

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,…

designed by freepik The Canadian housing affordability crisis is more severe than ever. With property prices rising sharply, many Canadians are finding it harder to buy a home. The dream of owning a house seems out of reach for many, especially for first-time homebuyers. The rapid increase in housing costs is creating major challenges for families, individuals, and even renters looking for a place to call their own. Let’s take a closer look at what’s driving this issue and how it’s affecting Canadians. Understand Property Prices and Homebuyer Struggles In recent years, soaring property prices have become a common theme…

Housing ranked as third ballot box issue in the province On April 28th, Canadians will head to the polls to elect a new federal government. And, for many Quebecers, one thing is clear: the housing crisis cannot wait any longer. Against the backdrop of a trade war with the United States, which is fuelling economic uncertainty and putting pressure on the cost of living, housing has emerged as a major election issue. Housing is the top priority for nearly one in ten Quebecers and among the five key issues for more than half of voters According to a recent Royal…

If the federal election were held today, a majority of Real Estate Magazine readers say they’d cast their ballot for the Conservative Party. That’s according to REM’s first large-scale reader poll on federal politics and housing, conducted ahead of the 2025 election. Of the 674 respondents—most of whom identified as Realtors over the age of 40—54.3 per cent said they would vote for Pierre Poilievre’s Conservative Party, compared to 38.3 per cent for the Liberals under Mark Carney. Just over 5 per cent were undecided, while support for other parties remained in the single digits. When asked which leader they…

Along the sun-drenched shores of Okanagan Lake in Summerland’s coveted Trout Creek enclave, a newly built waterfront estate is making a strong case for year-round luxury living in one of the BC’s most exclusive lakefront corridors.Listed at $6,299,000, the home at 704 Stonor Street delivers the kind of lifestyle that’s often relegated to daydreams. With 75 feet of private lakeshore frontage, the estate boasts sweeping water views, seamless indoor-outdoor transitions, and a level of finish that reflects true craftsmanship from the ground up.Completed in 2019, the residence was designed with both high-performance functionality and elevated leisure in mind. Spanning over…

Over the past five years, Vancouver’s real estate landscape has undergone significant changes due to shifting buyer priorities. Historically, Vancouver has been Canada’s most expensive housing market, but since 2020, substantial price increases have been observed beyond its urban core. Vancouver Island, renowned for its natural beauty and relaxed pace of life, has experienced a notable increase in demand. The pandemic has led to remote work, affordability concerns, and lifestyle changes, encouraging many to move out of city centres. So, which market has performed better over the past five years: Vancouver or Vancouver Island? Zoocasa examined data from local real…

In today’s uncertain real estate market, listings are expiring or being terminated more frequently than we’ve seen in years. For example, freehold properties in Toronto have been terminated or expired approximately 39 per cent more than this time last year. Some agents see this as a window of opportunity—a moment to swoop in and pitch their services to what they assume must be a motivated seller. But here’s the truth: if a seller indicated “no” to post-expiry contact, which applies to expired, terminated or cancelled listings, reaching out isn’t just pushy, it could be a serious breach of privacy. This…

As Calgary’s urban core continues to see fierce competition and soaring prices, investors are increasingly turning their attention to the communities on its doorstep. Four such markets – Airdrie, Cochrane, Chestermere, and Okotoks – are emerging as hidden gems, each with its own unique appeal and promising growth outlook. With strong population growth, constrained inventory, and evolving local economies, these communities offer diversified opportunities for both residential resale and rental investments. Rise of Secondary Markets As Jesse Davies, leader of the Jesse Davies Team with Century 21 notes, “Investors in 2025 are increasingly turning to Canada’s secondary markets. These smaller…

The Metro Vancouver Regional District (MVRD) has completed two significant real estate transactions in recent months, including one disposition and one acquisition. The site that was sold is a 10,700-acre property located in Ashcroft, a small village in the Thompson-Nicola Regional District. The property has no proper street address, but is located along Highway 1 near Cornwall Road and is comprised of 47 legal parcels that have been consolidated. The consolidated property is known as Ashcroft Ranch.The MVRD acquired the property in 2000 with a plan to develop a portion of the site into a landfill to provide long-term waste-disposal…