Author: homegoal.ca
Outdoor spa at upcoming condo project Livy in Port Coquitlam, B.C. (Photo: NorthStar Development) From rooftop pools to yoga studios, condo developers across Canada are doubling down on amenities to stand out in a crowded market. But are buyers really choosing homes based on the extras? Taylor Musseau, partner at MLA Okanagan, said amenities help round out the lifestyle pitch for Stober Group’s new two-building development in Kelowna, where she is handling sales and marketing. The development dubbed Movala, in Kelowna’s sought-after South Pandosy area, includes nearly an acre of shared spaces. Residents will have access to a pool,…
QUICK HITS The developer’s attempt to add nearly $60,000 in extra fees beyond the APS terms was determined to be a breach of contract. Courts ruled that sellers must provide clear documentation and justification for any additional charges listed in statements of adjustments. Because the seller breached the APS, buyers were entitled to recover their deposit and upgrade payments Because the buyers took possession of the property for at least a year, the buyers were found responsible for paying fees totalling $68,000 to compensate the seller for the time they lived there. In litigation arising from disputed real estate transactions,…
Canada’s recent real estate boom—and bust—was followed by an immigration surge charting a similar trajectory. Together, they expose generous high-leverage mortgage programs that shift risk off lender books and onto public and private insurers. These programs enabled buyers with minimal credit and few local ties to purchase homes at peak prices. With values now plunging, the lack of transparency raises questions about how these will perform—and whether the loans amplify the market’s downside risks. Welcome To Canada—Would You Like A $1M Mortgage? Canadian mortgage insurers have long de-risked lenders issuing high-leverage loans to recent immigrants. These programs allow newcomers to…
Redecorating your home can feel exciting, but it can also feel overwhelming if you’re unsure where to start, especially since it’s such a big project. With numerous furniture styles, lighting fixtures, and wall art options to choose from, it can be challenging to determine what truly works in your space and what doesn’t. To help, we put together a list of 5 common interior design red flags and simple ways to fix them if they’re present in your home. Too Many Competing Colours Incorporating too many colours in one room can make your home feel chaotic and visually unbalanced. It…
Paul Poliszot, 2021 (supplied) The Real Estate Council of Ontario (RECO) has issued an order to freeze the bank accounts of Oakville, Ont.-based Rexig Realty Investment Group. The regulator has also issued a proposal to revoke the registrations of both the brokerage and Broker Paul Poliszot, the brokerage’s director and president. The measures, announced Oct. 30 under the Trust in Real Estate Services Act, 2002 (TRESA), are intended to protect consumer deposits. RECO says the freeze order prevents funds from being withdrawn from the brokerage’s bank accounts. It uses freeze orders “when necessary” to ensure that money held in…
After years of affordability challenges and steep housing costs, happiness has become a growing part of the conversation around livability. While smaller towns and rural regions often score high on well-being, Zoocasa focused on Canada’s ten largest cities to uncover where big-city residents feel happiest, and how much that happiness costs. According to Leger’s Happy Cities 2025 report, Canadians rate their overall happiness at an average of 68.7 out of 100. Respondents were categorized as very happy (scores of 9–10), happy (7–8), or unhappy (1–6). The report also tracks changes in happiness over time, revealing that nearly half of Canadians…
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Toronto Realtor Martina Brankovsky hosted an open house recently that was so slow she spent most of her time there wondering how other agents’ open houses are faring in this tricky market, where just the sight of a car slowing down outside can get your hopes up. Brankovsky, who’s with Royal LePage, believes that open houses are still worthwhile (“all you need is one buyer”). But she’s finding that there’s often less traffic through them in her area than in previous years. After all, when sales are down, open house activity tends to fall off as well, although it can…
The Waterloo Region housing market in September 2025 reflected a continued move toward balanced conditions, shaped by moderating sales activity and rising supply. Broader economic factors have contributed to a slower pace of transactions compared to both last year and longer-term seasonal norms, giving buyers more time and choice than they have had in previous years. While prices remain below 2024 levels, month-to-month pricing trends indicate some stabilization as the fall market unfolds Prices Average sale prices across the region softened compared to the previous year but rose slightly from August, indicating pricing stability at the start of the fall…
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada Uses US Bubble Scheme To Transfer Investor Risk To Home Buyers Ontario is the latest province to offer sales tax relief to first-time buyers of new homes. The move follows federal incentives announced earlier this year, adding to the recently introduced stimulus. It seems generous, but it mirrors demand-inducement schemes from the US housing bubble of the 2000s. Since end users are less likely to default than investors, the idea is to transfer losses to families who will ride those losses out over a lifetime. How…