Author: homegoal.ca
Many people are interested in real estate investing, but face financial challenges breaking into it. One solution is investigating opportunities in smaller municipalities. Smaller markets provide unique opportunities to start building a portfolio. With lower barriers to entry, strong demand in niche areas, and the potential for future appreciation, smaller markets can be excellent entry points. However, to navigate these markets successfully, it is essential to conduct thorough research and develop strategies tailored to their unique dynamics. Affordable Entry Points Smaller Canadian markets often feature significantly lower property prices than metropolitan areas, making them ideal for entry-level investors. These markets…
With rates on the decline since June and markets rising from their slumbers towards the end of last year, the Ottawa CMA is emerging as one of the stand-out locales for home sales, specifically with respect to smaller (and more affordable) townhome units.Real estate analytics firm Zonda Urban reported on Tuesday that multi-family unit sales in Canada’ capital grew by 75% between 2023 and 2024, to 2,079 sales — an increase overwhelmingly driven by new townhome sales. Of the 2,079 multi-family units sold, 1,997 of them were new townhomes, representing a 72% year-over-year increase for that home type. Additionally, around…
A studio apartment can be the perfect starting point in the housing market—cozy, affordable, and an exciting way to begin your homeownership journey. Whether you’re in a bustling city or a quieter neighborhood, the amount of space you get can vary significantly. Studio apartments in larger cities tend to be more compact than others. Living in a cozy studio can sometimes feel like playing a game of Tetris as you try to fit everything you need and love into a smaller space, all while keeping things functional and stylish. But don’t worry—you can transform your apartment into a comfortable, stylish…
Jay Leno (centre) with winning bidders at the Fairmont Banff Springs on Jan. 25, 2025 (Alberta Real Estate Association) Jay Leno knows how to work a crowd, but this time, it wasn’t just with punchlines. The retired Tonight Show host had a room full of Realtors laughing one minute and reaching for their wallets the next, pulling off a surprise auction no one was expecting. By the time the impromptu bidding war was over, Leno had helped raise more than $150,000 for the Children’s Hospital Aid Society (CHAS), a Calgary-based non-profit supporting children’s charities—far exceeding the original fundraising goal.…
With a provincial election looming and a federal one on the horizon, we are heading into interesting times. But this period could also be one of opportunity. I’m hopeful the elections will be a catalyst for candidates of all political stripes to put forward solutions to tackle our dire housing supply crisis. While there are a mix of factors impacting construction of housing, the exorbitant tax burden on new housing, including hefty development charges, as well as excessive red tape and bureaucracy and the unreasonably slow approvals process need to be front and centre with representatives of all parties. People…
As the Bank of Canada continued to cut its policy interest rate in the final months of 2024, market sentiment was improving and activity was accordingly building momentum. That carried over into January, according to statistics published by Greater Vancouver Realtors (GVR) on Tuesday.In January, a total of 1,552 sales were recorded, which represents an 8.8% increase from the 1,427 sales recorded in January 2024, although last month’s total remains 11.3% below the 10-year January average of 1,749.On the other side of the equation, 5,566 new listings came online, which represents a staggering 46.9% increase from the 3,788 added in…
Canadians are packing up for greener pastures, and that doesn’t mean Toronto to Calgary. Statistics Canada (Stat Can) data for Q3 2024 shows a sharp uptick for emigration, the process of residents leaving to settle permanently in another country. The third quarter is typically big, but this one was one of the largest in years. In fact, the quarterly outflow is the 5th largest since Canada formalized its immigration system back in 1967. What Is Emigration? Today we’re looking at Canada’s emigration outflows. Emigrants are the reverse of immigrants—Canadians that are leaving to settle somewhere else permanently. Policymakers typically ignore…
If you’ve ever dreamed of owning a cottage, you’ve probably thought about the ideal time to make the purchase. The idea of sipping hot cocoa in front of a fireplace, watching snowflakes fall on a frozen lake in winter, or basking in the warmth of the sun while lounging on a dock in the summer can spark anyone’s interest. But did you know that the season you choose to buy a cottage in can significantly impact your experience and decision-making process? Let’s take a look at what it’s like buying a cottage during the winter months versus the summer. Winter…
Desmond Brown can see both sides of a story. The sales representative at Re/Max Hallmark Realty Ltd. in Toronto has worked as both a journalist and a Realtor, so he knows how to ask and answer real estate questions. The handy combination of careers has allowed him to set himself up as an expert that reporters call for quotes about anything real estate. The most important thing is to say “yes” when journalists call, he says. “When I was a reporter, I couldn’t believe it when I’d call up an agent and they would say they didn’t want to be…
— We take our content seriously. This article was written by a real person at BREL. While staging isn’t always necessary, when done right, it consistently helps homes sell faster and for more money. But – you may be surprised to hear this from a team of REALTORS who have an in-house staging company – there are situations where staging isn’t always the best solution. Today, we’re breaking down exactly when you should (and shouldn’t) stage your Toronto home. The Cold, Hard Truth About Staging Here’s what we’ve learned from selling thousands of Toronto homes: professionally staged homes sell faster…