Author: homegoal.ca

According to an Edge Realty Analytics report released in March, Alberta’s two major cities are continuing along separate paths.  Seasonally-Adjusted Sales Dropping Calgary’s seasonally adjusted sales declined approximately 15% month-over-month, which was the steepest drop since March 2022, while Edmonton’s sales fell about 10% month-over-month. Year-over-year, sales have also trended downward in both cities.  New Listings Moderating New listings have moderated in both markets. Calgary’s seasonally adjusted new listings decreased by 9% month-over-month, while Edmonton’s new listings fell by 11% month-over-month. In a year-over-year view, Calgary’s overall sales edged up by 4.3% while Edmonton saw a near 2% decline. Calgary’s…

After a long road of interest rates hikes, the Bank of Canada has brought its policy rate down by a total of 225 basis points since June, but the tariff curveball has prevented lower rates from reviving the Greater Toronto Area’s housing market. The latest report from the Toronto Regional Real Estate Board (TRREB), released Thursday, shows that there were just 5,011 home sales in March, marking a 23.1% decrease over last year’s level. As has been the case in past months, most of March’s transactions were concentrated in the detached home segment, with 2,155 sales recorded (down 24.9% from…

As a Realtor, you’re there in the moments that matter. Whether helping someone find a place to call home or supporting a family as they say goodbye to one filled with memories, your role leaves a lasting impact. Behind every key handed over is a story of change, hope, and a new chapter beginning. And you are the trusted professional who helps guide that journey with care and expertise. Your impact goes far beyond the immediate work you do with each client. You help build strong communities and foster belonging. Through your knowledge and service, you bring lasting value to…

Deciding whether or not to sell an investment property is a significant decision that hinges on various factors, including market conditions, financial goals, and personal circumstances. While shifts in the real estate market play a role, it’s essential to consider additional aspects such as property performance, tax implications, and other factors in order to make a well-informed decision. What are the Market Conditions? The current real estate market conditions are likely to affect the price you will receive. A seller’s market, where there is high demand and low inventory, can offer favourable conditions for selling. Conversely, in a buyer’s market,…

Over the past few years, “market conditions” have been a constant thorn in the side of the Greater Vancouver real estate market (and beyond). Market conditions have now become much more favourable to buyers, but the buyers are nonetheless missing, says Greater Vancouver Realtors (GVR). In March, the region recorded a grand total of 2,091 residential sales, which is 13.4% lower than the 2,415 recorded in March 2024 and 36.8% lower than the 10-year March average of 3,308, according to the latest statistics published by GVR on Wednesday.It’s certainly not because there aren’t sellers. Last month, 6,455 new listings were…

Greater Vancouver real estate only has a handful of buyers, but they’re bidding up prices for some reason. Greater Vancouver Realtors (GVR), formerly REBGV, shows home prices made a substantial jump in March. The increase occurred despite it being one of the weakest months for demand in decades, and the most well-supplied market in recent history.   Greater Vancouver Real Estate Prices Jump Despite Weak Sales  The composite benchmark price of a home in Greater Vancouver. Source: CREA; GVR; Better Dwelling. Greater Vancouver composite home prices made a 5-digit jump last month. The benchmark price of a typical home rose 0.5%…

Big city life isn’t for everyone. Even those who love the hustle of a downtown often find that their budgets can’t afford the high home prices associated with city living. Small cities offer an appealing alternative to those looking to save on housing costs. Closer access to nature, less traffic, tight-knit communities, and affordable housing prices are just some of the attractions of small city living.  The exodus from large metros during the pandemic also sparked greater housing demand in small cities and led to many experiencing impressive price growth. Whether you’re looking to retire in peace, start a family,…

In Canada, real estate has long been more than a roof over one’s head. It’s been a store of wealth, a retirement strategy, a family legacy—and increasingly, a fault line in intergenerational fairness. The gap between the haves and have-nots is often measured in property lines, and the 2025 federal election will reflect that tension. Over the past two decades, housing affordability has become a defining issue for Canadians. For many younger voters, homeownership feels further away than ever. For older investors, property has been a financial windfall. Housing is no longer just a policy issue—it’s a political one. Each…

The Canada Mortgage and Housing Corporation (CMHC) has released its February 2025 housing starts data, providing insight into the state of residential construction across the country. Housing starts are a key economic indicator that tracks the number of residential projects, categorized into single-family homes, townhouses or small condominiums, and apartment buildings with five or more units. National Overview In February, the six-month moving average of the seasonally adjusted annual rate (SAAR) of housing starts increased by 1.1%, reaching 239,382 units. However, on a year-over-year basis, actual housing starts in urban centres with populations of 10,000 or greater fell by 17%,…

Numerous developers have made significant revisions to previously-submitted rezoning proposals in recent months and the latest to do so is Vancouver-based Nicola Wealth Real Estate, the real estate arm of investment management firm Nicola Wealth. The subject site of the proposal is 2219 and 2285 Cambie Street, which is located at the northwest corner of the intersection with West 7th Avenue, half a block south of the Canada Line SkyTrain’s Olympic Village Station.The properties are currently occupied by a two-storey retail showroom for Robinson Lighting & Bath. BC Assessment values the two parcels at $4,751,700 and $17,550,000, for a total…