Author: homegoal.ca
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Bank of Canada Squandering Its Ability To Respond To Trade War: Scotiabank One of Canada’s Big Six banks is warning the central bank is blowing its ability to respond to a trade war. Scotiabank economists wrote to investors warning the BoC’s recent rate cuts have undermined its ability to effectively respond to the trade war. The BoC slashed rates as inflation was accelerating, even acknowledging the last cut was not in relation to its mandate. Consequently, providing trade war stimulus now will reduce its ability to stimulate…
Every item in your home tells a story—so why not make it a star-studded one? Celebrity home lines are one of the most playful (and stylish) ways to sprinkle a little personality into your space while channeling the vibe of your favorite A-lister. From the kitchen to the bedroom, there’s practically a celebrity collection for every corner of your home. Here are five of our absolute favorites that bring star power and serious style. Paris Hilton Cookware: For a Glamorous Kitchen Photo: Paris Hilton Home Have you always dreamed of having a gold-toned French Press covered in hearts? What about…
designed by freepik In 2025, the Bank of Canada decided to lower its interest rates. This change affects many Canadians, especially when borrowing money, mortgages, and overall finances. Interest rates are the cost of borrowing money. When the Bank of Canada lowers interest rates, it becomes cheaper for people and businesses to borrow money. This includes mortgages, loans, and credit cards. Lower rates encourage spending and investing, which helps the economy grow. The Bank of Canada’s interest rate cuts in 2025 aim to boost economic growth. Why Did the Bank of Canada Decide to Cut Interest Rates? The decision to…
Nancy Savard has joined Sotheby’s International Realty Quebec as managing director, bringing more than two decades of real estate experience to her new role, where she will work closely with Georges Gaucher, agency executive officer, to support brokerage operations, client services and the company’s growth in key markets across the province, including Montreal, Saint-Sauveur, Brossard and other prominent resort areas. “Nancy is an outstanding leader whose extensive industry knowledge, commitment to excellence, and passion for supporting brokers make her an invaluable addition to our management team,” said Don Kottick, president and CEO of Sotheby’s International Realty Canada. “Her expertise and…
Retaliatory tariffs are proving unpopular with Vancouver’s development industry, with several developers dismissing the idea as detrimental to an already weak market. Instead, some see the attack as an opportunity to develop our own industries, which, they concede, will take time and leadership.“I can tell you that from the development side, it doesn’t necessarily help the development community adding counter tariffs, because it just makes things more expensive for us in the end,” says McGregor Wark, Vice President of Headwater Projects. “I can understand the thought process behind it, but it ends up hurting us more than helping us in…
Moving to Canada is an exciting prospect for many people around the world, as the country is known for its rich cultural diversity, welcoming atmosphere, and high quality of life. Immigrants play a vital role in shaping Canada’s identity, with the temporary resident population reaching 3.02 million as of January 2025, accounting for 7.3% of the nation’s total population. However, one of the most common questions among those considering relocating to Canada is whether they can buy property. Are there restrictions? What about down payments and mortgages? In this guide, we’ll cover the essentials you need to know, including the…
designed by freepik If you’re watching Toronto’s housing market, you’re curious about what’s happening in 2025. The Toronto housing market 2025 shows some exciting changes that could impact how people buy and sell homes. Whether you’re thinking about buying or selling or just want to understand what’s going on, this blog will break down the latest Toronto real estate trends and what they mean for you. What’s Happening in the Toronto Housing Market in 2025? The Toronto housing market in 2025 is moving quickly. Buyers and sellers face challenges and opportunities. As Toronto grows, people are asking how these changes will…
Hyyve is partnering with iCommission to offer Realtors early access to commissions, the Toronto-based platform says. The collaboration allows agents to access portions of their future commission once a listing agreement is signed and the property is listed on MLS, according to a press release from the company. How it works Under the terms of the partnership, iCommission becomes the exclusive commission financing provider within the Hyyve ecosystem. However, Hyyve CEO Patrick Armstrong emphasizes that agents remain free to use other financing options or opt not to finance commissions at all. Armstrong described the arrangement as a value-added,…
Montreal has introduced changes to its short-term rental rules that property owners planning to rent out a space on platforms like Airbnb should be aware of. These updates are part of an effort to balance tourism with housing needs and ensure compliance with municipal by-laws and the province’s Tourist Accommodation Act. Importantly, Montreal has restricted short-term rentals, such as Airbnb, to a three-month period. The restrictions were announced on March 21, 2025, and will be in place for this year’s summer season. New Rental Season and Location Rules Short-term rentals of a principal residence are now only allowed during the…
With the approval of a new community plan this week, the stage is now set for the Royal Oak neighbourhood of Burnaby to undergo significant redevelopment and densification.The Royal Oak neighbourhood spans approximately 554 acres located between the well-established Metrotown neighbourhood to the west and the burgeoning Edmonds neighbourhood to the east. The neighbourhood is a historic one thanks to Kingsway, a road that was constructed way back in 1860 and now runs from the boundary with New Westminster all the way through Burnaby and East Vancouver to Main Street and Broadway. Other main arterial roads include the namesake Royal…