Author: homegoal.ca

Canada’s largest bank is starting to think the economy is doing much better than previously thought. RBC wrote to investors this afternoon, outlining its expectations for the central bank’s next rate announcement. The bank’s economists expect GDP data to be more robust than previously anticipated after strong inflation data. As a result, the Bank of Canada (BoC) is seen hitting pause on rate cuts as long as tariff talks don’t derail investor sentiment.  “Canadian gross domestic product will be in focus after firmer labour market reports in December and January, and an upside headline inflation surprise increased the odds that…

Miami’s real estate market has long been a magnet for investors, offering opportunities in both residential and commercial sectors. However, recent trends and challenges necessitate a thorough understanding before making investment decisions. Miami Versus the Rest of Florida Miami stands out as one of the most expensive real estate markets in Florida, driven by its status as a global city and prime destination for both tourists and investors. Compared to other Florida markets, Miami consistently commands higher property prices, particularly in sought-after neighborhoods like Coral Gables, Miami Beach, and Coconut Grove. The city’s appeal as a cultural, financial, and tech…

An upcoming industry webinar, hosted by Olympia Trust Company on March 25, 2025, will explore innovative approaches to financing real estate ventures by leveraging the tax-advantaged benefits of Canadian registered accounts, including RSPs and TFSAs. Expert Perspectives on a Shifting Financial Landscape The session will feature a panel of seasoned professionals with extensive expertise in capital markets, securities issuance, and regulatory frameworks. The discussions will cover the interplay between financial regulations, such as those under the Income Tax Act, and the innovative use of registered accounts to facilitate alternative financing solutions.  Attendees can expect a detailed analytical perspective that explains…

Sky-high views, refined elegance, and the Ritz-Carlton’s signature stamp of luxury are all part of everyday life in an alluring new Toronto listing. An exclusive, 2,500-sq.-ft corner residence in the iconic Ritz-Carlton Toronto — specifically, 183 Wellington St. W #4104 — is currently for sale.After an end-of-day cocktail downstairs at a bustling on-site restaurant, this abode invites you to slip inside your own private elevator and take it all the way to the 41st floor, where views that are both inspiring and soul-soothing await in an impeccably designed sanctuary. The two-bedroom, three bathroom home is soaked in natural light and…

For many Canadians, saving for a down payment is one of the biggest financial goals they’ll ever tackle—but how people get there can look very different. Some start by building equity in a starter condo and selling it to fund their next move. Others merge their finances, combining savings to make a more substantial down payment. A lucky few receive a boost from family, with parents or grandparents chipping in to help secure their first home. No matter how the funds come together, the size of your down payment plays a huge role in shaping what, where, and how you…

— We take our content seriously. This article was written by a real person at BREL. So you’ve finally done it – you’ve made the leap from renter to Toronto homeowner. Congratulations! While your Instagram might be full of champagne-popping closing day photos, the real journey of homeownership is just beginning. Let’s dive into what you can really expect during your first year as a property owner. Truth: It’s Different When It’s Yours Before we get into the specifics, here’s something that applies to every new homeowner: the mindset shift is real. That first moment when something breaks and you…

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…