Author: homegoal.ca
1011 Cordova Street W PH01, Vancouver (Sotheby’s International Realty) Realtor Tanis Fritz knows the importance of discretion when working in the luxury real estate market. As the listing agent for one of Canada’s priciest condo listings—a $21-million, 6,480-square-foot penthouse in Vancouver’s Fairmont Pacific Rim Residences—she understands what it takes to succeed at this level. “Having a reputation for discretion at this level is a differentiator,” says Fritz, a Sotheby’s International Realty agent. And Fritz understands the ultra-luxury level. According to the Vancouver Sun, her penthouse listing at the Pac Rim is owned by none other than the crown…
Last summer, the Province updated the BC Building Code to allow for single egress stair designs in residential buildings up to six storeys, a change that pleased both developers and housing advocates. Local governments, however, have been a different story.Supporters of the single egress stair (SES) change believe that safety mechanisms have advanced substantially since policies requiring at least two points of egress were put in place, and that reducing the requirement would allow for more efficient building designs and land use. Those opposed to the change believe that the risk is greater than the reward.The Province’s change did not…
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadians Satisfied With Their Quality of Life Plunges Further Canada is further turning into a country of haves and have-nots, according to a state survey. Statistics Canada released the latest quality of life survey results, and all but one age group is less satisfied. The vast majority of seniors (60.5%) scored highly satisfied, rising from last year. However, every other working aged adult cohort further eroded, especially those in the critical Core Aged demographic. Just 1 in 3 of the youngest Core Aged workers were highly satisfied,…
Canada’s housing market is a hot topic, with high demand, limited supply, and rising prices making it challenging for many Canadians to find affordable homes. In response, provincial governments across the country have introduced various programs aimed at making homeownership more accessible, offering financial aid, and providing incentives for both first-time homebuyers and those looking to improve or renovate their existing homes. Here are some of the key provincial programs designed to alleviate housing costs and provide financial aid across Canada. 1. Ontario Ontario has rolled out several programs that provide financial support for prospective homeowners, renters, and those looking…
As Ontarians prepare to cast their votes in the 2025 provincial election, the Ontario Real Estate Association (OREA) has released its Election Report Card, evaluating the housing platforms of the four major political parties. The report measures each party’s platform against OREA’s housing plan which it says outlines actionable solutions to address the province’s housing supply and affordability crisis. A home for everyone OREA’s A Home for Everyone focuses on three key priorities: Increasing housing supply Ending exclusionary zoning to allow up to four units per lot across Ontario Increasing density near transit corridors through zoning modernization and…
In Canada, there is no legal cap on how many properties an individual can own. Although there are some misconceptions that government regulations may limit property holdings, Canadian law permits the purchase of multiple properties, whether they are primary residences, second homes, or investment properties, other than, in some cases, regulatory restrictions for non-residents. However, there are practical limitations, which come from financing requirements and tax obligations. Financing and Lending Considerations While you can legally own as many properties as you wish, obtaining the necessary financing is often the biggest hurdle. Lenders assess your financial profile—including income, credit score, and…
Gregory Henriquez heads up one of Vancouver’s best known architecture firms, Henriquez Partners, and now he oversees a new advisory services firm called Archaeology – which he said is the City of Vancouver’s first hired consultant for its new program to develop city-owned housing. The City’s new Housing Development Office (VHDO), announced earlier this month, has a mandate to develop on City-owned land, launching with 40 and 54 storey towers and 1,136 units on a large downtown land assembly bordered by Burrard and Hornby and Pacific Street. Storeys reported on the City-applicant rezoning submission in December, prior to the announcement…
Are you thinking about selling your home? If so, now could be the perfect time! Single and semi-detached houses in the Greater Toronto Area (GTA) are in demand. Some are selling for more than their original asking prices, making it a fantastic opportunity for sellers to maximize their returns. Demand is expected to stay strong with a competitive market and the spring season just around the corner. To give you some inspiration, here are a few examples of homes in the GTA that have recently sold for over asking. Listed by: HOMELIFE/MIRACLE REALTY LTD Listed by: HOMELIFE/MIRACLE REALTY LTD Property Details: Detached…
It’s no secret that to become a high-performing agent, you must be willing to put in constant work and always hustle for that next lead. It can be rewarding – but also exhausting. More than 4 in 10 Canadians report feeling burnt out at their jobs, and the National Association of Realtors estimates that 80 per cent of real estate agents may experience burnout at some point in their careers, with high-performing agents being the highest risk. Fight back against burnout and hustle culture So many resources aimed at high-performing agents encourage the never-ending hustle and putting in…
In January 2025 compared to December 2024, overall sales declined while new listings, inventory levels, average days on the market, and benchmark prices all increased modestly. Detached homes and row houses experienced minimal changes in pricing and days on the market, whereas semi-detached and apartment-style units showed greater variability in listing numbers and price adjustments. 2024 Year-End Overview According to the RealtorsⓇ Association of Hamilton Burlington, at the close of 2024, the Hamilton Burlington real estate market reported a 1.3% increase over the previous year, but it remained 26% below long-term trends. New listings for the year showed a 19.1%…