Author: homegoal.ca

The cost of living has always been a significant factor in shaping housing markets, but it has had an even more pronounced effect in recent years. Rising inflation, stagnant wages, and growing demand for urban spaces have all contributed to a dynamic shift in how people live and where they choose to live, especially in major cities across Canada and the U.S. As housing costs continue to soar, here’s how the cost of living is changing how we live.   The National Association of Realtors shows that in the last half of 2024, single-family existing home prices were up in 87%…

With the arrival of a new year comes fresh trends and design inspiration – you might already be feeling the urge to redecorate or dive into DIY projects for your home in the months ahead. One of the easiest and most impactful ways to transform a room is through colour. A fresh coat of paint can instantly set the tone, adding warmth, energy, or a sense of calm, depending on your choice. So why not take inspiration from the most stylish hues of the year? Whether you’re looking to give your home a contemporary edge or a timeless refresh, here…

Mike Banks (Source: Facebook) An Edmonton Realtor has been hit with a one-month license suspension and fined $21,000 after being found guilty of misconduct by the Real Estate Council of Alberta (RECA). According to the decision dated Jan. 17, Micheal “Mike” Cordell Banks engaged in unauthorized commercial transactions and misled both a client and an exam provider in an attempt to fast-track his licensing process.   Unauthorized transactions   Between late November and December 2021, Banks assisted a potential client in searching for commercial properties, despite not being licensed to do so. He sent property listings, reviewed financial details and…

The federal government has decided to delay its planned increase in the capital gains tax inclusion rate, moving the date to January 1, 2026. The announcement, made by Finance Minister Dominic LeBlanc on January 31, 2025, comes after an initial proposal in April 2024, which prompted a flurry of commercial real estate transactions as investors sought to divest before the tax hike took effect.  The increase in the capital gains tax was initially outlined in the 2024 federal budget, with the government’s aim to raise the inclusion rate from 50% to 66.67% for individuals on capital gains above $250,000, plus…

Wildflowers Community in Kitchener: An Update on Available Homes, Lots, and Pricing Kitchener, Ontario – February 6, 2025 – The Wildflowers community in Kitchener continues to be a sought-after neighbourhood for those seeking a diverse range of townhomes and detached homes. With a variety of floorplans and elevations to choose from, there’s a perfect home for everyone at Wildflowers. Townhome Living at its Finest: Wildflowers offers a variety of 2-storey townhomes, each featuring multiple elevations to suit different styles. Prices for townhomes start in the $700,000s. Detached Homes for Every Need: Whether you’re looking for a single or double-car…

Hot off the heels of its Fraser Mills master-planned community in Coquitlam, Burnaby-based real estate developer Beedie is now getting ready for a new master-planned community in Burnaby. The new project is set for 3676 Bainbridge Avenue, near the intersection with Winston Street. The 10-acre site is located at the northwestern tip of Burnaby Lake, about two kilometres south of the Millennium Line SkyTrain’s Sperling-Burnaby Lake Station. The property is a single parcel currently occupied by a large industrial warehouse that is held under 453595 BC Ltd. BC Assessment values 3676 Bainbridge Avenue at $89,628,100, as of July 1, 2024.The…

When designing a nursery, one of the most important decisions is choosing a theme that is both functional and reflective of your personal style. For many parents, this means opting for a gender-neutral theme, especially when they want to avoid stereotypes or simply prefer a more versatile space. While there are a lot of common ideas out there—like woodland creatures, minimalism, or muted color palettes—there are some incredibly unique, fresh themes that might not be on your radar. If you’re ready to break the mold and create a nursery that stands out, here are some gender-neutral nursery themes you may…

Calgary’s sub-zero temperatures aren’t cooling buyer activity, according to the latest data from the Calgary Real Estate Board. Despite a 12 per cent drop in home sales year-over-year in January, sales remained 30 per cent higher than the seasonal average. CREB is reporting inventory levels jumped nearly 70 per cent year-over-year, reaching 3,639 units. While this marks a shift after three years of tight supply, inventory remains below the 4,000-plus units typically seen in January. “Supply levels are expected to improve this year, contributing to more balanced conditions and slower price growth,” said Ann-Marie Lurie, chief economist at CREB. “However,…

In a series of announcements in late January, the Canadian Mortgage and Housing Corporation (CMHC) announced various critical funding and initiatives targeting the housing crisis across Ontario. These investments, which span several programs under the National Housing Strategy (NHS), prioritize the construction and repair of affordable homes for diverse communities, including those in urgent need. With a combined total investment of over $2.23 billion, the initiatives are set to address pressing housing challenges through innovative programs and collaborative agreements with municipalities and housing providers. National Housing Strategy (NHS) Grant: $2.1 Billion to Build and Repair 22,417 Homes On January 26,…

[Editor’s Note: This article was updated on February 5 to note that the proposal no longer includes a shared podium as described in the City report.]Just under two years after making the high-profile acquisition, Vancouver-based real estate developer Keltic Development has unveiled its redevelopment plans for the REVS Bowling site in Burnaby. The 4.3-acre site is located at 5502 Lougheed Highway, steps away from the Millennium Line SkyTrain’s Holdom Station in the Brentwood neighbourhood and directly east of Boffo Development’s Bassano master-planned community. The site has been home to REVS Bowling (formerly known as Brentwood Lanes) since the early 1960s…