Author: homegoal.ca

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…

Greater Toronto real estate demand further eroded last month, but buyers likely didn’t notice. Toronto Regional Real Estate Board (TRREB) data shows home prices climbed in February. It wasn’t due to a lack of inventory, which hit the highest level since the 2008 Global Financial Crisis. Nor was it due to sales, which fell to one of the lowest levels on record. It appears this trend is driven entirely by exuberance.   Greater Toronto Home Prices Climb Higher The benchmark price of a typical home across Greater Toronto. Source: CREA; TRREB; Better Dwelling. Greater Toronto real estate prices advanced last month,…

February continued to favor home buyers in the Greater Toronto Area (GTA) market, with high inventory levels providing substantial negotiating power. While sales declined compared to last year, buyers had more choice and room to negotiate prices in a market still adjusting to elevated borrowing costs. Buyers Hold Off as Mortgage Rate Cuts Loom “Many households in the GTA are eager to purchase a home, but current mortgage rates make it difficult for the average household income to comfortably cover monthly payments on a typical property. Fortunately, we anticipate a decline in borrowing costs in the coming months, which should…

The Alberta Real Estate Association (AREA) has taken a significant step to combat bad behaviour within its ranks by passing new bylaws that allow the association to expel members involved in serious criminal conduct. The move, approved with a 92 per cent vote at the association’s Annual General Meeting in January, aims to strengthen professional standards and address concerns over enforcement delays by provincial regulatory bodies. AREA’s CEO Brad Mitchell emphasizes the importance of upholding professionalism in the industry, citing a recent case where it took four years for a regulatory body to remove the licence of an agent accused…

In 2024, Calgary’s housing market demonstrated unprecedented momentum as the City processed a record 18,168 residential building permits. This milestone is particularly significant because it represents not only a sharp increase in construction activity but also reflects a major shift in how Calgary is approaching housing supply.  The surge in permit issuance follows strong demand for new homes across various segments, including single-detached houses, semi-detached homes, townhouses, and apartment units. In fact, the figures indicate that the city has seen a 22% increase in permits for single detached homes, a remarkable 63% jump in permits for semi-detached homes, and a…

The fall saw activity slowly pick up again following a sleepy summer, but GTA home sales have cooled again in the early months of 2025, according the Toronto Regional Real Estate Board’s (TRREB) latest data. In February, GTA-ers completed 4,037 transactions, down from the October peak of 6,658 home sales.While a relaxed market around this time of year isn’t unusual, TRREB President Elechia Barry-Sproule points to lingering economic factors that may be keeping sales lower than the seasonal average.”Many households in the GTA are eager to purchase a home, but current mortgage rates make it difficult for the average household…

Imagine waking up each morning to the gentle sway of the ocean beneath you, sipping coffee on your deck as the sun rises over the Vancouver skyline. This stunning North Vancouver float home offers a rare chance to live right on the water, blending the charm of a houseboat with the comforts of a modern home. Listed by: Blu Realty One-of-a-Kind Home With The Perfect Private Porch The loft-style float home creates a spacious and inviting feel. A real wood-burning stove adds a cozy touch, perfect for chilly BC evenings. French doors open up to a sun-drenched private deck, where…

Relocating to a new province is an exciting adventure, but it can also feel overwhelming. Whether you’re moving for work, a change of pace, or new opportunities, planning ahead is key to making your transition as seamless as possible.  During the pandemic in 2020 and 2021, many Canadians embraced remote work and made big moves across the country, taking advantage of newfound flexibility. If you’re planning a similar leap, here’s how to relocate like a pro. Research your new province Before making your move, spend time learning about your new province. Understanding the cost of living, climate, job market, and…