Author: homegoal.ca

Solo homeownership is on the rise, and while it may be financially challenging to achieve, it’s not impossible. Saving for the traditional single-family detached home with one income, particularly as a first-time home buyer, can be a massive hurdle. But saving for a condo apartment, often thousands of dollars cheaper, substantially cuts down the savings timeline.  With an average savings account balance of $20,540, as reported by the Federal Reserve, individuals under 35 already have a notable portion of a condo down payment saved. So assuming solo condo buyers can use the full $20,540 towards their down payment, Zoocasa calculated…

Realtors on the front lines are seeing the fallout from Canada’s trade war with the U.S. unfold in real time as would-be homebuyers grow increasingly hesitant to make a move. There has been a measurable shift in consumer confidence, with many clients adopting a “wait and see” approach—and the data backs it up.    Consumer confidence takes a hit as tariffs bite   Homes sales fell “sharply” in February, according to CREA, dropping 10 per cent month over month, marking the lowest level for home sales since November 2023, and the largest month-over-month decline since May 2022. “The moment tariffs…

Royal LePage®, in collaboration with Broker’s Playbook, has officially launched a new initiative designed to connect property investors with a network of highly-trained real estate professionals. This program, introduced under the RLP InvestorsEdge™ brand, is part of a major rollout aimed at enhancing the support available to residential real estate investors throughout every stage of the investment process. Expert Market Analysis Participating real estate professionals are rigorously trained to have the expertise to offer in-depth local and national market insights. Their expertise, honed through an exclusive training curriculum developed by Broker’s Playbook, helps investors understand current market trends, evaluate property…

Buttonwood Property Management And Rental Services Is Pleased To Offer A One Bedroom Plus Den One Bathroom Condo For Rent Located At 16 Harrison Garden Boulevard Toronto (Willowdale East), Ontario M2N 7J6 This Is A Great Prestigious Building “Residence Of Avondale” Is Located In The Heart Of North York! Large Unit With A Den That Has French Doors. Great Location: Steps From Sheppard-Yonge Station, TTC And Go Bus Stop Min To Hwy 401 Mel Lastman Square Entertainment Shopping 24 Hr Grocery Store Downstairs And Much More!   Building Amenities Include But Not Limited To: Indoor Pool Gym Sauna Party Room…

[Editor’s Note: This article will continue to be updated as the CCAA creditor protection proceedings for Hudson’s Bay progresses. Last update: March 18, 2025.]Canada’s oldest retailer and one of its most-storied companies, the Hudson’s Bay Company, is insolvent. It’s a stunning turn of events for a company that is so deeply ingrained in Canada’s history, and the company’s downfall will undoubtedly be thoroughly analyzed and studied in the days, weeks, and years to come. The Hudson’s Bay Company (HBC) was incorporated on May 2, 1670 — 354 years ago — and was granted creditor protection as an insolvent company under…

Canadians are returning from their tax holiday to find inflation trashed the place while they were gone. Statistics Canada (Stat Can) data shows the Consumer Price Index (CPI) surged in February. An uptick was already expected due to temporary suppression from the tax holidays, but broad inflation has now appeared. The rate was already set to smash through the central bank’s upper tolerance level—before the BoC provided more inflation stimulus with its most recent rate cut. Canadian Inflation Surges As Broad-Based Price Growth Accelerates Canadian inflation got a big boost as growth accelerated and reduction measures eased. CPI saw massive…

Gardening enthusiasts know that the best way to ensure a thriving garden is to start early—especially if you’re aiming for a wide variety of plants. Starting your seeds indoors is a great way to get a head start on the growing season. But how do you do it effectively? And how can you transition your seedlings to the garden without stressing them out? Here are some tips and tricks to help you succeed at starting seeds indoors and transferring them outside for a flourishing garden. Jump Ahead Choosing the Right Seeds for Indoor Starting Not all seeds are suitable for…

The Canadian Real Estate Association is proposing a $75 special assessment for members to bolster its legal defence fund amid a flurry of legal issues.  In an email sent to member boards and associations, CREA says its legal costs ballooned from $626,000 in 2023 to more than $4-million in 2024—an increase of nearly 540 per cent.  Since its inception in 2006, the legal fund has maintained a $2-million balance, but the association now wants to raise that amount to approximately $10-million to cover ongoing and future legal battles.  “The legal landscape has become more litigious, not just in Canada but…

On March 10, 2025, at its regular council meeting, Surrey City Council approved updates to the city’s Development Cost Charges (DCCs) Bylaw. The revisions include the introduction of a new Fire Services DCC and a rollback of residential unit rates to 2023 levels to qualify for federal infrastructure funding, along with other changes. This restructuring is designed to maintain a “net freeze” on residential fees, a measure intended to address the ongoing housing affordability crisis while streamlining infrastructure funding. DCCs are fees charged on new developments to fund infrastructure like roads, water, sewer, drainage, parks, and now fire protection. The…

It was another slow month for Canadian home sales in February as tariffs fears continued to keep buyers on the sidelines, according to the February market report from the Canadian Real Estate Association (CREA).After a slow January, sales fell “sharply” last month by 9.8%, representing the most dramatic month-over-month decline since May 2022 and landing sales activity at November 2023 levels. Sales also fell on an annual basis, posting a decrease of 10.4% compared to February 2024.Not surprisingly, CREA is attributing the slow market to the ongoing trade war. “The moment tariffs were first announced on January 20, a gap…