Author: homegoal.ca
Several months after the District Northwest project by Thind Properties was placed under receivership, the Receiver is set to return to court with a proposed sales process as well as a stalking horse bid. The District Northwest project is set for 13438 105A Avenue in Surrey, a two-acre site located southeast of Whalley Athletic Park, about midway between the Expo Line SkyTrain’s Gateway Station and Surrey Central Station. For the site, which is legally owned under 105 University View Homes Ltd. and beneficially owned under District Northwest Limited Partnership, Thind Properties was developing two high-rise towers with a total of…
Just a few years ago, Canada was scrambling to fill a record volume of vacant jobs. Now it’s struggling to cope with the volume of excess workers. Statistics Canada (Stat Can) data shows companies added more workers to their payrolls in January. However, job vacancies fell to the lowest level since 2017, making it the worst job market in over 7 years. Canadian Companies Added More Employees To Payrolls First, let’s start with the good news—Canadian payrolls added more employees. Payroll employees saw seasonally adjusted monthly growth of 0.1% (+23.5k jobs), reaching 17.3 million people in January. This represents a…
Wine country isn’t just about the incredible wines—it’s about the beauty of the landscapes, the peaceful surroundings, and the lifestyle that comes with it. From the rolling vineyards of Niagara to the stunning views in British Columbia, these regions offer a unique blend of natural beauty and laid-back luxury. Whether you’re looking to relax in a cozy bungalow surrounded by vines or enjoy a spacious estate with panoramic views, wine country homes provide a perfect mix of tranquility and charm. Here are a few examples of beautiful homes that capture the essence of living in these picturesque regions. EXP REALTY…
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…