Author: homegoal.ca
On Wednesday, Vancouver-based Wall Financial Corporation (TSX: WFC) announced the passing of the company’s Founder, Peter Wall, in a press release celebrating his life and legacy. A young immigrant of Mennonite heritage from Ukraine, Peter Wall arrived in Vancouver after World War II. In the 1960s, Wall established cement, dry wall, and lumber businesses, before founding Wall & Redekop Corporation Ltd. along with Peter Redekop, his cousin. Wall and Redekop owned and operated a variety of businesses, including Atlas Construction, Mavis Securities, Chester Securities, Munroe Lumber, and Sperling Lumber, in addition to a farming operation in Clearbrook that provided 10%…
Canada’s economy finally got some good news on the productivity front. Statistics Canada (Stat Can) data shows labor productivity jumped in Q4 2024. It was big enough to print annual growth for the first time in years. Before getting too excited, the growth was still abysmal and experts see tariff threats potentially derailing progress in a matter of weeks. Canadian Productivity Climbed For The First Time In Years Canadian productivity showed some signs of life in the last quarter of 2024. Labor productivity climbed 0.6% in Q4, following three consecutive quarters of decline. Behind that move was the business output…
The Trump administration’s 25 per cent tariff on most Canadian goods went into effect earlier this week, shaking up what was expected to be a rebound year for real estate. Even before tariffs were implemented, the threat of an economic upset was enough to cause some home buyers to pause their home-buying activities at the beginning of the year. The Canadian Real Estate Association (CREA) reported a weakening in sales at the end of January, citing uncertainty over the potential for a trade war as a likely reason. With the tariffs set in place, for now, many Canadian home buyers…
Toronto’s real estate market is starting to feel unfamiliar. After a long stretch of rapid price growth and relentless competition, the landscape is shifting. Buyers, once forced into rushed decisions, are now taking their time. Sellers, who could once count on quick sales and soaring offers, are facing a market where patience and pricing strategy matter more than ever. With sales down, inventory rising and interest rates keeping affordability in check, economic uncertainty is adding another layer of complexity. The recent U.S. tariffs on Canadian imports are fueling concerns about job security and consumer confidence, potentially dampening demand further. As…
Investors today are looking beyond traditional asset classes to build resilient, strategically diversified portfolios amid market volatility, inflation concerns, and interest rate fluctuations. As a result, alternative investments have become essential in modern strategies. Private mortgage investments offer an alternative, and have rapidly gained traction due to their high yield potential, income stability, and strong defensive characteristics. According to Chris Baker, SVP of Investment Sales at CMI Financial Group, “Private mortgage investments combine the security of real estate collateral with a reliable income stream, making them a more stable alternative to stocks and a more attractive option than low-yield bonds.”…
The Commercial Real Estate Women (CREW) Network is currently in the process of putting together a benchmark study to measure the progress for women that work in commercial real estate, a report it compiles every five years. In its most-recent report in 2020, which saw just under 3,000 industry professionals in Canada, the United States, and United Kingdom participate in the survey, over 80% of which were women. The 2020 report found that women represent 35.9% of all commercial real estate professionals in Canada, which was slightly below the US (36.9%), but above the UK (31.8%). The report also included…
Embarking on a home improvement project can be both exciting and overwhelming. Whether you’re updating a room, adding a new feature, or renovating your entire home, proper planning is key to ensuring the project runs smoothly and stays within budget. Here’s a comprehensive guide to help you plan your next home improvement project from start to finish. Define Your Goals and Priorities Before diving into any project, it’s important to understand what you want to achieve. This could range from increasing your home’s value, improving functionality, or simply refreshing the aesthetic of a space. Break down your goals into specific…
A more tempered growth in listings is keeping Metro Vancouver’s housing market in check, according to the latest data from the Greater Vancouver Realtors (GVR). “After the rush of new listings in January, home sales and new listings in February were closer to historical averages, which has positioned the overall market in balanced conditions,” said Andrew Lis, GVR’s director of economics and data analytics. GVR says residential sales in the region totalled 1,827 in February, marking an 11.7 per cent decline from the 2,070 sales recorded in February 2024. This figure also sits 28.9 per cent below the 10-year seasonal…
The 2025 Farm Credit Canada (FCC) Economic Outlook for Farmland Values has been released, highlighting trends in farmland valuation, market challenges, and investment opportunities. With the full report on farmland values set to be released on March 18, this outlook offers early takeaways on the evolving agricultural real estate market in Canada. Rising Farmland Values Farmland values have consistently appreciated over the past decade, more than doubling in value. This continued rise in farmland prices occurred despite a decline in farm cash receipts (the total gross revenue a farm earns from selling its agricultural products along with any direct government…
On Friday, February 21, Surrey Pavilion opened its doors to the public, welcoming over 5,000 guests to date into a concept space that’s new for the real estate industry — but not for Langley-based developer Marcon.Traditionally, yet-to-be-constructed condos and townhouses are sold out of a retail space — typically called a sales centre, a presentation centre, or a sales gallery, depending on company preference — that’s akin to targeted advertising. These spaces are decked out with renderings, architectural models, and showhomes all focused on the project, because the developer knows that everybody who walks in the door already has an…