Author: homegoal.ca

Have you ever seen one of those daytime television commercials featuring lawyers that start with the line: “You may be entitled to financial compensation if…”? That’s the first thought that came to mind for Realtor and instructor with Greater Vancouver Realtors, Gemma Wilson when asked about B.C.’s Real Estate Compensation Fund Corporation (RECFC).   What is RECFC?   The Real Estate Compensation Fund Corporation, first established in 2005, is a non-profit organization in B.C. that “provides financial protection for members of the public who have lost money because of the actions of a real estate professional.” Despite being little known…

Residential sales and prices surged amid tightening inventory, and urban rental markets, especially in Quebec City, experienced strong year-over-year growth. Meanwhile, office sectors in Quebec City and Montreal struggled with rising vacancies and negative net absorption despite stable net asking rents, and industrial markets saw Quebec City’s available sublet space increase while Montreal contended with a significant supply-absorption gap. Residential Summary for Q4 2024 A March  Edge Realty Analytics report indicated key trends in Quebec’s residential market for the fourth quarter of 2024. Sales Residential sales increased by 12.8% quarter-over-quarter and surged by 40.9% year-over-year. Listings and Inventory New listings…

There’s no sugar-coating it: Millennials and Gen Z are facing an economy and housing market that renders it difficult to make the “Great Canadian Dream” of homeownership a reality. This is especially true in notoriously expensive cities like Toronto and Vancouver. (Sigh.)There is, however, an increasingly popular route towards homeownership. It’s called an early inheritance, and it can be about as straightforward as it sounds. In today’s challenging climate, an early inheritance offers a way for Canadian families to support younger generations. And, importantly, the option is not reserved for the privileged set either (more on that later).Baby Boomers are…

Canada’s economy is making progress but the average worker is in a rut. A new report from the National Bank of Canada (NBF) explains to investors that the economy is doing much better than most anticipated. Unfortunately, that’s going to be short-lived as economic anxiety takes control of households. Consequently, they see up to 190k jobs lost within the next few months.  Canada’s Economy Exceeded Expectations, But Still Not Enough Canada’s economy was heading towards the gutter until a flurry of economic revisions. It turns out the economy has been doing much better than previously believed, especially in the face…

There’s something undeniably magical about Victorian homes for sale in 2025—the intricate details, the towering turrets, the wraparound porches perfect for sipping tea and watching the world go by. These homes are full of history, character, and the kind of craftsmanship that’s hard to come by today. We’ve curated a collection of stunning Victorian homes, each radiating charm, elegance, and old-world allure. Whether you’re a lover of all things vintage or just appreciate a stunning facade, these homes are sure to steal your heart! Listed by: Mickey Coulter of Weichert, Realtors Welch & Com  Listed by: Mickey Coulter of Weichert,…

For 2025, Royal LePage® expects a 7.5% increase in the price of single-family homes in this market segment Should you be in a hurry to buy a recreational property while interest rates are on a downslide? Will political tensions between Canada and the United States dampen market momentum? And, will Quebec snowbirds, increasingly wary of the U.S. political climate, return to invest in property at home? These are just some of the questions consumers are asking around as the Quebec second-home market shows unexpected strength. According to Royal LePage’s latest Recreational Property Spring Report, which examines 17 markets in Quebec,…

Despite geopolitical tensions and economic uncertainty, recreational property prices across Canada are forecasted to rise by 4 per cent to a median of $652,808 in 2025, according to a new report by Royal LePage. “Demand for recreational properties among Canadians, and the lifestyle they offer, remains strong but balanced,” said Phil Soper, president and CEO, Royal LePage. “While the mainstream market is more sensitive to economic shifts, demand in the recreational segment remains steadfast, even during periods of market hesitation.” Supply constraints continue to push prices upward, Soper says, with new recreational properties not being built quickly enough to meet…

Investing in real estate in the Dominican Republic (DR) presents a compelling opportunity for both seasoned and novice investors. The nation’s robust tourism industry, favourable government policies, and affordable property prices contribute to its appeal. There are several reasons why many Canadian investors choose to invest in real estate in the Dominican Republic – and why I have chosen to do so, too. With increasing restrictions and other factors influencing the Canadian real estate market, I began thoroughly researching alternatives, and the Dominican Republic stood out for the below reasons.The Dominican Republic stands as the leading tourist destination in the Caribbean in…

Vancouver-based real estate developer Westbank has unveiled a new condo project that’s been in the works for several years, according to a new rezoning application published by the City of Vancouver on March 25. The subject site of the proposal is 1010 W King Edward Avenue in Vancouver, which is situated at the southwest corner of the intersection with Oak Street. Toward the east is the Safeway-anchored King Edward Mall and further in that direction is then the Canada Line SkyTrain’s King Edward Station.The site is owned by Westbank under 1000 King Edward Property Inc. and BC Assessment values the…

Every month, over 45 million households in the U.S. pay rent. While this monthly cost is often lower than a mortgage payment, the total amount spent over several years is a significant expense that renters never recover. If this money could be redirected toward homeownership, would it be enough to cover a down payment?   Zoocasa calculated the total rent spent over five years in 43 cities from 2020 to 2025 using Rent.com’s average prices. The total sum was then compared to the 20% down payment on a median-priced single-family home in each respective city, using data from the National Association…