Author: homegoal.ca
Calgary’s real estate market has been on a rollercoaster ride, with frenzied bidding wars in the spring giving way to a much cooler landscape by the end of 2024. New data from Wahi suggests that the market slowed significantly in the fourth quarter, with the vast majority of neighbourhoods experiencing underbidding rather than the heated competition seen earlier in the year. A shift in buyer behaviour According to Wahi’s analysis, only four of the 176 Calgary neighbourhoods where at least five homes sold in Q4 landed in overbidding territory—just 2 per cent of the market. Meanwhile, six neighbourhoods…
What if your mortgage could do more than weigh on your finances? What if it could work for you—saving you money on taxes, cutting down your interest payments, and even growing your wealth? For savvy homeowners, this isn’t just a pipe dream. The Debt Swap strategy turns these possibilities into reality. With today’s rising interest rates and stretched household budgets, Canadians are hungry for smart financial solutions. The Debt Swap strategy is an under-the-radar approach that transforms part of your mortgage into a tax-deductible tool, all without disrupting your cash flow or financial stability. Here’s the good news: it’s simpler…
A recent resubmission from Toronto-based developer Almadev seeks to add substantial height to portions of its master-planned community set for Sheppard and Victoria Park avenues. The 15-acre development has been dubbed ‘Lansing Square’ or ‘LSQ’ and once complete, will consist of five Blocks containing seven buildings with heights currently ranging from four to 43 storeys.After originally being proposed in May 2019, the ambitious development received zoning approvals to redevelop the 2550 Victoria Park Avenue site with a new transit-oriented mixed-use community in July 2022. Previously approved by city council were two residential mixed-use towers of 43 storeys (Tower A) and…
Just as the amount of groceries you can buy with $100 will differ between downtown New York and rural Ohio, the type of housing you can afford will also differ depending on local purchasing power. Due to regional price level variations, $100 in some cities is worth more than in other cities, leading to some home buyers being able to purchase more for less. As calculated by the Tax Foundation, $100 in Los Angeles is actually worth $88.40 when adjusted for the area’s cost of living compared to the US average, while in Tulsa it’s the equivalent of $110.50. This…
— We take our content seriously. This article was written by a real person at BREL. That congratulatory bottle of champagne you put on ice? Don’t open it yet. In a more balanced market like the one we’re experiencing in Toronto, it’s normal for sellers to receive offers that are ‘conditional’ on the buyer meeting specific requirements, like getting financing or a home inspection. Most buyers satisfy and waive their conditions within a week, and the sale moves forward. But sometimes…the buyer walks away. When it happens, it can feel like the rug has been pulled out from under you.…
Re/Max Canada’s decision to settle the Sunderland and McFall class-action lawsuits represents a major development in the Canadian real estate industry. The lawsuits challenged traditional commission structures, alleging that sellers were unfairly required to compensate buyer brokers, thus inflating costs and limiting competition. With Re/Max agreeing to a $7.8-million CAD settlement, the industry is left wondering what’s next and whether further settlements or legal challenges will follow. Looking south of the border, the Sitzer/Burnett case in the U.S. offers a glimpse of what could be in store for Canada. That landmark antitrust case led to over $1-billion in settlements, policy…
Investing in snowfront properties in Canadian winter destinations offers an enticing blend of lifestyle benefits and strong investment potential. These properties are not only gateways to world-class winter sports and scenic mountain landscapes but also represent a unique asset class that demands careful consideration. When considering such a purchase, buyers must weigh location-specific factors, market dynamics, regulatory restrictions, property features, and long-term financial implications. Location and Destinations Canada’s mountainous regions have long been a magnet for winter sports enthusiasts and investors alike. Renowned areas such as Whistler, Canmore, Mont Tremblant, and others each have a distinctive character but offer unparalleled…
On February 27, Ontarians will flock to voting booths across the province to cast their vote on who should be the next premier. Top of mind will be issues like taxes, transportation, healthcare, and other social infrastructure, but arguably the most pressing issue will be housing. With the average cost of a house well out of reach for many who call Ontario home, rents still lingering at historic highs despite recent easing and a host of other forces driving the lack of affordability, such as high development charges, restrictive zoning, and labour shortages, its an issue many hope to see…
Canadian real estate markets kicked the year off with exceptionally weak demand. Canadian Real Estate Association (CREA) data shows the sales to new listings ratio (SNLR) slipped in January. Despite a host of measures to stimulate buying, the demand measures continued to erode as sellers significantly outpaced buyers. The issue has the county’s largest markets showing some of the weakest demand on record. The Sales To New Listings Ratio The SNLR is an industry-preferred indicator of fundamental demand, and does exactly what one would think it does; it’s the ratios of homes sold to homes newly listed for sale. A…
Looking for a home in Vancouver without breaking the bank? While the city is known for its high real estate prices, there are still plenty of hidden gems under $1M that aren’t condos. These four townhouses offer the perfect balance of affordability and charm. Whether you’re a first-time homebuyer or just looking for a change of scenery, these homes deserve a spot on your radar. Listed by: Nu Stream Realty Inc. Listed by: Nu Stream Realty Inc. Property Details: Townhouse 1 beds, 1 bath, 1 parking Walk score 86/ Transit score 83/ Bike score 84 Welcome to this charming two-level Infill home…