Author: homegoal.ca
Saturday, March 8 marks International Women’s Day 2025, and although we don’t need an occasion to celebrate women in real estate and development, we’re more than happy to take it.This year, we caught up with Valesa Faria, who leads a team of 400 as Executive Director of the City of Toronto’s new Development Review division, and Mandy Gareh, who’s spent the past two decades in real estate marketing and recently launched an agency of her own. We also took the opportunity to highlight women from all walks of real estate and development — and from all over the country —…
When you’re thinking about selling your home, one of the key decisions you’ll face is whether or not to invest in renovations before listing it. This can be a tricky choice, as many factors must be considered. Here’s what you should think about before deciding to renovate and when doing so might help you sell your home faster and for a better price. Factors to Consider Before Renovating Before jumping into a renovation project, it’s important to understand the market you’re selling in. The current market conditions can heavily influence whether renovations will give you a good return on investment.…
designed by freepik If you’re thinking about buying or investing in commercial real estate in Canada, you may need a commercial real estate loan. Investing in commercial real estate can be a great way to grow wealth. But most people don’t have enough cash to buy a property outright. That’s where commercial real estate loans come in. These loans help businesses and investors buy, renovate, or expand commercial properties. Getting approved for a commercial real estate loan in Canada can seem difficult, but with the right steps, you can improve your chances. This guide will explain the process in simple…
Chris Guerette, CEO of the Saskatchewan Realtors Association, won’t be doing any cartwheels in anticipation of International Women’s Day on Mar. 8. Like quite a few women, she’s lukewarm about that annual day of recognition. “I struggle with the intent,” confesses Guerette. Her take is that celebrating women’s achievements should be part of everyday culture, rather than a publicity gambit trotted out one day a year. Where the world of real estate is concerned, Guerette observes, “We actually are a diverse industry. How did we get to a point where there’s so little diversity in leadership?” The industry pats itself…
The housing market in Newfoundland and Labrador experienced notable gains in January 2025 compared to the same period in 2024. Sales In January 2025, the province recorded a total of 340 home sales, which represented a 28.8% increase over January 2024, according to the CREA. This was 13.8% above the five‐year average and 42.1% above the 10‐year average for January. Price The average price of residential properties sold reached $335,448, marking a 12% year-over-year increase. Listings and Inventory There were 619 new residential listings reported, a minor decrease of 3.4% from January 2024, while the number of active listings at…
In the late-afternoon on Friday, the Hudson’s Bay Company announced that it had commenced proceedings under the federal Companies’ Creditors Arrangement Act (CCAA) to seek creditor protection, a stunning turn of events for Canada’s most historic and iconic retailer.”After careful consideration of all reasonably available alternatives, the decision to seek protection under the CCAA was made in consultation with Hudson’s Bay’s legal and financial advisors,” the company said in a press release. “While very difficult, this is a necessary step to strengthen our foundation and ensure that we remain a significant part of Canada’s retail landscape, despite the sector-wide challenges…
No news is good news—at least when looking at the headline employment data. Statistics Canada (Stat Can) data shows that both the number of jobs and the unemployment rate were unchanged in February. Looking past the headline data was less flattering, revealing that more people opting out of the workforce is the primary reason for little movement. An issue that was particularly troubling when looking at the data for young adults. Canadian Employment Unchanged, Nova Scotia An Exception Canadian employment barely budged last month, which is good news considering the environment. Seasonally adjusted employment added 1k jobs to hit 21…
When it comes to making your home feel inviting and spacious, nothing transforms a room quite like natural light. A brighter home not only creates a positive atmosphere but also enhances the overall look and feel of your space. The best part? You don’t need to make a huge investment to achieve this. Here are some easy, budget-friendly ways to brighten your home and give it a fresh, airy vibe. Light-Colored Paint in Rooms A fresh coat of light-colored paint is one of the easiest ways to brighten a room instantly. Whites, pastels, and soft neutrals naturally reflect more light,…
— We take our content seriously. This article was written by a real person at BREL. The February 2025 stats are in, and there’s a clear pattern emerging in Toronto’s real estate market. The numbers confirm what we’ve been seeing on the ground: Toronto is experiencing a tale of two markets, with a divergence between property types and areas. So, What Happened in February 2025? February is always a weird month for real estate in Toronto – some years, it’s as busy as the spring market, while in other years, it’s dead. One of the big determinants is the weather…
Canada’s housing market features a wide variety of housing options and significant price ranges. Although the overall average selling price hovers around $700,000, that figure hides stark differences between regions. Recent interest rate cuts have helped ease borrowing costs, but affordability remains a significant challenge in many major urban centers. As a result, many Canadians are curious about where the price tags are highest – or lowest – across the country. Provincial/Territorial Averages Source: WOWA, Canadian Housing Market Report, January 20th, 2025 Most Expensive The most expensive regions to buy homes, based on average prices, are British Columbia, Ontario, and…