Author: homegoal.ca
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%…
Loathe him or love him, Doug Ford has held the Premiership in Ontario for nearly seven years and led the PCs to two consecutive majority victories in the 2018 and 2022 elections. Even so, he’s controversial, to say the least, especially when it comes to his track record on housing.Months before his re-election, in early 2022, Ford’s Housing Task Force came out with 55 “high-level recommendations” for addressing housing supply and affordability issues in Ontario. The most bullish of those recommendations was to set a goal of building 1.5 million new homes in the next ten years.Despite lofty goal setting,…
Buying a home is one of the most significant financial decisions you’ll ever make. While it’s an exciting milestone, it can also feel a bit overwhelming at times. Finding the perfect timing is key — but what that timing looks like really depends on your personal and financial situation. Whether you’re a first-time homebuyer or ready to upgrade, here’s how to determine when it’s the right time for you to buy a house. 1. Assess Your Financial Status Before jumping into the housing market, take a close look at your financial situation. A healthy financial foundation is crucial when committing…
Port of Vancouver (Canva) The Greater Vancouver Board of Trade (GVBOT) has thrown down the gauntlet: it wants the B.C. government to pursue an ambitious 3 per cent annual GDP growth target over the next five years. Unveiled on Jan. 30, the initiative—dubbed the “3% Challenge: Agenda for Economic Growth”—comes as B.C. faces economic uncertainty, from U.S. tariff threats under President Donald Trump to growing concerns over affordability. The GVBOT’s call to action follows a survey of Metro Vancouver residents and businesses, revealing that 75 per cent see the province as lacking a cohesive economic strategy, while 80 per cent…
The British Columbia Construction Association (BCCA) has taken a step to help industry professionals manage economic challenges by recently releasing its new “Checklist for Navigating Tariff Uncertainty.” This high-level guide provides trade and general contractors with a practical framework to assess risk, address contract provisions, and take informed action amid evolving tariff policies. The BCCA notes that tariff uncertainty has an impact on the construction industry. The BCCA’s checklist is designed to equip contractors with strategies to navigate these challenges. It emphasizes that successful management of tariff issues requires proactive communication and a thorough understanding of contractual obligations. A primary…