Author: homegoal.ca

Calgary’s residential real estate market showed signs of pivoting towards balance in the fall. September 2025 data reflected slower sales activity, rising listings, and growing inventory, creating new downward pressure on prices across several property types. The shift follows two years of sustained demand and limited availability, suggesting the market is adjusting to more moderate conditions. Inventory and Supply Compared to September 2024, total residential sales fell by 14%, while new listings edged up 2.6%. The increase in new listings continued a trend seen through much of 2025, gradually restoring supply after several years of undersupply. Inventory levels were 36.5%…

Canadian real estate went from boom to bust—but the biggest risk lies ahead. Ontario is the latest province to offer rebates for first-time buyers of new homes, building on recent federal incentives. Framed as affordability, these programs resemble US housing bubble schemes—designed to shift risk from investors to families, who absorb losses rather than default. In Canada, first-time buyers now appear to be the exit strategy for investors and lenders increasingly propped up by inflated appraisals.  Ontario Joins Ottawa’s HST Scheme For First-Time New Home Buyers Ontario just announced a new HST rebate for first-time buyers of new or “substantially…

Homebuyers in the Bay Area know that San Francisco and affordability don’t exactly go hand in hand. But one thing homebuyers can count on is long-term value. In the best San Francisco suburbs, homeowners can find the trifecta of consistent price appreciation, lower home prices, and high levels of safety.   Zoocasa analyzed key metrics in 37 San Francisco suburbs and ranked each one, taking into account affordability, 10-year price appreciation, safety, and convenience.  The final score was calculated using five key metrics: median single-family home price, 10-year home price growth, median household income, walk score, and property crime rates. Each…

The following is based on a conversation recorded on The Leads Are Sh*t podcast. Click here to watch the full interview. When the real estate world crashed in 2007, Ray Ellen was just getting started. Six months in, listings dried up overnight. He remembers driving past empty fields that already had streets and curbs poured, ghost subdivisions that never made it past the blueprint. Sellers were showing up to closings in tears. Buyers were grinning ear to ear. Title companies started splitting closings so no one had to sit across from each other. Most agents working today have never lived…

The Bank of Canada (BoC) cut its overnight rate by 25 basis points to 2.25% this morning, citing weak investment and falling demand. It also reminded Canadians that monetary policy is meant to keep inflation low and stable—then promptly put that on the sideburner. The BoC warned that monetary policy won’t fix the current headwinds, but expects economic erosion to control inflation. Apparently, the inflation mandate has been outsourced to economic devastation, and a resilient economy means life is about to get much more expensive. Bank of Canada Says Lower Rates Won’t Address Current Economic Issues, Cuts Anyway  The central…

Today, the Bank of Canada lowered its overnight lending rate for the fourth time this year, bringing the rate down by 25 basis points to 2.25%. Hotter-than-expected inflation data and trade uncertainties contributed to the Bank’s decision.  Since January, the overnight lending rate has dropped by a total of 100 basis points. However, some economists suggest we are nearing the end of the Bank’s rate-cutting cycle. How will that impact the housing market going forward?  The Bank of Canada will likely hold the overnight lending rate around 2.25% for much of 2026, according to forecasts from some of Canada’s largest…

The Bank of Canada delivered another 25 basis point cut to the key lending rate Today, the Bank of Canada announced that it has cut the overnight lending rate yet again by 25 basis points to 2.25%. This is the second consecutive rate cut the Bank has made this fall, and the third cut this year. Though the global economy has held up surprisingly well against the surge in tariffs from the United States, the effects are starting to show, according to the Bank. Trade patterns are shifting, and uncertainty around ongoing tensions is discouraging investment in many countries. In…

Each Wednesday, Real Estate Magazine shares insights, experiences and advice from top-performing agents across Canada. If you’d like to contribute or nominate a colleague or team, send us an email. At just 29 years old, sales representative Jeremie Fontaine has already reached impressive milestones in his seven-year career with EXIT Realty Associates in Dieppe, NB.  For the fifth consecutive time in his real estate career, Fontaine recently attained EXIT Realty Corp. International’s Top Lister in North America award. Fontaine was also inducted into the company’s Emerald Circle, recognizing his accumulation of 750 deals in his tenure with the brand, as…

Toronto’s Roy St. John, a longtime figure in Canadian real estate, has died at age 77. He passed away of natural causes on Oct. 17. He and his wife lived in Barrie for the last two years. St. John, who forged a path in real estate as a trainer before venturing into entrepreneurship, “will be remembered by thousands of agents across Canada for his leadership and his professionalism to our industry,” said his longtime business partner Jamie Johnston. When the pair met 40 years ago, St. John was the national trainer for Royal LePage.  “I was trying to hire a…

Canada’s private-sector business environment is worse than headline data suggests. Statistics Canada (StatCan) data shows active businesses were little changed in July, but a closer look reveals the economy has seen big changes. Active business growth is increasingly concentrated in sectors dependent on public spending. The headline data has obscured reality, masking a sharp erosion in the broader business environment.  Canadian Business Growth Flat—Until Public Spending Is Excluded Canadian businesses showed relatively flat movement in the latest data. There were ~938,500 active businesses in July, virtually flat from a month prior and a year before. The opening and closing rate…