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Author: homegoal.ca
RBC recently released a special housing report examining the impacts of uncertainties on Canada’s housing market. The report aims to assess the effects on the market as it faced tariffs, volatile weather conditions, and other shifting dynamics in regional real estate activity. According to the report, early signs of market optimism observed in January quickly dissipated as concerns over the economic consequences of trade disputes took hold. As uncertainty grew, sellers and buyers alike reacted to the economic uncertainties, prompting a noticeable shift in market sentiment. Early figures from local real estate boards revealed a widespread decline in home sales…
On Friday, the Government of Canada announced two large funding commitments for British Columbia totalling over $1.75 billion that will go towards much needed infrastructure.The two commitments are coming via two different initiatives that were announced last year: the Canada Public Transit Fund and the Canada Housing Infrastructure Fund. Canada Public Transit FundThe first is a $1.529-billion investment in regional transportation provider TransLink across 10 years, via the $30-billion Canada Public Transit Fund (CPTF) that was announced last summer.The Canada Public Transit Fund delivers funding via three streams: a “Metro-Region” stream involving the provincial government, a “Baseline Funding” stream for…
Raising chickens in the city may sound like a farm fantasy. Still, it’s becoming an increasingly popular way for urban dwellers to enjoy fresh eggs, reduce food waste, and embrace a more sustainable lifestyle. Even in smaller spaces, you can create a cozy little chicken haven that adds charm and personality to your backyard. Whether you’re looking for a fun hobby or a way to connect with nature amidst the hustle and bustle, raising backyard chickens in the city is easier than you might think. After moving to a new property with a large yard in Oro Medonte, my family…
designed by freepik A key decision for home buyers in Canada is whether to buy a new or pre-owned home. Both have their benefits and challenges. Should you buy a brand-new home or a resale property? If you’re a first-time home buyer in Canada or looking at property options in Canada, understanding the pros and cons of each will help you decide. Let’s examine the benefits and drawbacks of buying new homes versus resale homes in Canada. Advantages of Buying a New Home 1. Modern Design and Features New homes have the latest designs and technology. Expect open floor plans, energy-efficient…
In my experience as a real estate lawyer and speaker, when a real estate brokerage has a proper FINTRAC compliance program, not only do they stay out of trouble with FINTRAC auditors, but they actually close more deals without any negative consequences. However, the opposite is also true. When you do not have a proper program, it is more likely that your deals may not close, as lenders are conducting their own due diligence on every potential buyer, and title insurers are performing due diligence on buyers as well as sellers. In addition, the penalties administered by FINTRAC can be…
Real estate professionals are all too aware that young families are the likeliest to uproot if an opportunity to move into a desirable school catchment presents itself. It turns out they’re in luck. Brightstone has developed The Briar on Avenue, a seven-unit boutique luxury townhouse project in the heart of Lytton Park —which is in one of the Greater Toronto Area’s most desirable catchments. “The Briar on Avenue’s site was chosen because we envisioned it as a gateway to Lytton Park that’s close to a host of shops, services, parks, major transit routes and, of course, some of the best…
“Stable housing, access to housing, is the foundation for success. Without housing its hard to focus on your future, without housing its hard to start a family, and without housing we cant build the strongest economy in the G7,” recently sworn-in Prime Minister Mark Carney said to reporters in Edmonton on Thursday, during which he discussed his administrations’ plan for tackling the nations’ housing crisis.The purpose of his remarks, however, was to announce the PM’s intent to eliminate GST on all new and substantially-renovated homes priced under $1 million for first-time homebuyers — a move intended to improve housing attainability…
Cottages are the perfect escape, offering peace, quiet, and a chance to reconnect with nature and loved ones. Whether you’re an adventure seeker, drawn to water sports, or simply love the serenity of the great outdoors, there’s a cottage that suits your style. Each cottage provides a unique slice of paradise, from tranquil lakeside retreats to cozy cabins tucked in the woods. We’ve rounded up seven one-of-a-kind cottages across Canada, each with its own charm and getaway experience. Listed by: royal lepage lakes of muskoka realty Listed by: royal lepage lakes of muskoka realty Property Details: Detached 3 beds, 2 baths, 8…
Current market conditions in many of Canada’s larger cities are creating opportunities; with increased inventory and less competition, buyers have more choices, and motivated sellers are open to negotiation. For Realtors, navigating these discussions successfully is no small feat. Many deals fall apart due to poor negotiation—whether it’s giving up too soon, engaging in unnecessary arguments or relying too heavily on logic when experts say emotions and psychology drive decision-making. The good news? Negotiation is a skill that can be learned, including the confidence required to improve. It’s all teachable, says Suze Cumming, a real estate negotiation coach and former…
Manitoba’s Q4 2024 market update reveals a residential sector marked by modest sales growth, rising prices, and reduced inventory, while commercial segments – both office and industrial – demonstrate stability amid evolving market conditions. Residential Market in Q4 2024 An Edge Realty Analytics report in March highlighted rising sales and decreasing inventory in Manitoba’s residential market for Q4 2024. Sales Residential sales increased by 4.7% quarter-over-quarter and by 16.9% year-over-year. Listings New listings rose slightly by 0.2% from Q3 2024; however, active listings fell by 7.3% sequentially and by 22.3% on a year-over-year basis, showing an overall contraction in market…