Author: homegoal.ca
In the midst of a housing crisis, rent control, or a lack thereof, could be the difference between going on that yearly vacation or not, and for some, between remaining in your home or relocating to a parent’s house, a friend’s couch, or even a shelter.But while tenants certainly benefit from rents being protected against market volatilty, some have argued the protection disincentivizes rental construction and makes operating costs for some landlords economically unfeasible. Swedish economist Assar Lindbeck once said of the policy, “In many cases rent control appears to be the most efficient technique presently known to destroy a…
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada Cleaning Up Money Laundering Hits GDP The Same As Tariffs Canada and the US have arguably one of the strongest relationships in the world. In addition to sharing the world’s largest undefended border, a whopping $3.5 billion in goods and services flow through the borders per day. However, Americans are threatening a shock to Canada’s economy by imposing a 25% tariff, a move that would deliver a 6% hit to the economy. Canada supposedly can avoid that by cracking down on its illicit activity flowing across…
Valentine’s Day isn’t just about romantic gestures for your partner; it’s also a wonderful opportunity to show some love to your home! For Canadians looking to refresh their living spaces, Valentine’s Day can be the perfect excuse to add a touch of warmth, romance, and personality. Whether you’re treating yourself or surprising a loved one, this article explores thoughtful home decor gift ideas available online in Canada, perfect for adding a touch of Valentine’s Day charm that lasts long after the holiday. Why Home Decor Gifts Make Great Valentine’s Day Presents: Beyond the traditional chocolates and flowers, home decor gifts…
A good night’s sleep starts with choosing the right mattress, and the perfect choice is different for everyone. Since sleep is crucial to your overall health investing in the right mattress is well worth the effort. If you’re feeling overwhelmed by all the options, don’t worry—we’ve created a helpful list of key factors to consider so you can make an informed decision and wake up feeling refreshed every morning. When Should You Replace Your Mattress? Over time, dust, germs, and mildew accumulate, and daily wear and tear take their toll. Even with regular use, it’s best to replace your mattress…
Effective leadership can make the difference between success and stagnation in an industry as competitive as real estate. Don Kottick, president and CEO of Sotheby’s Canada, has consistently demonstrated the ability to inspire, innovate, and adapt. “Some of the best lessons in business have come from the worst leaders,”- Don Kottick For Kottick, the cornerstone of leadership is assembling the right team. Reflecting on his experience leading at Sotheby’s, Royal LePage, Johnston & Daniel, Peerage Realty Partners, Right At Home Realty and the Real Estate Institute of Canada (REIC), he emphasizes the importance of trusting your instincts when…
Canadian real estate investors are increasingly looking beyond domestic markets to diversify their portfolios, enhance returns, and capitalize on favourable conditions in foreign markets. This exploration opens up opportunities in various countries known for their robust real estate markets, appealing lifestyles, and potential for strong rental yields. Canadian real estate investors are increasingly looking beyond domestic markets to diversify their portfolios, enhance returns, and capitalize on favourable conditions in foreign markets. These opportunities span countries known for their robust real estate sectors, appealing lifestyles, and potential for strong rental yields. Mexico Mexico’s affordability, warm climate, and established expatriate communities make…
Editor’s Note: This article has been updated to reflect that the Purchaser of the site is Manga Hotel Group.Nearly a year after being placed under receivership, a development site in Brampton approved for three high-rises and over a thousand residential units has been successfully sold. The CBRE Land Specialists recently announced the sale of the almost four-acre site at 253 Queen Street East in a LinkedIn post.According to the latest available court filings, the receiver, Rosen Goldberg Inc., appeared before a judge on October 24, 2024, at which time they presented an Agreement of Purchase and Sale dated August 15,…
While the idea of owning a home is exciting, the reality is that some properties can end up costing much more than you bargained for. A ‘money pit’ refers to a property that seems fine at first but ends up requiring excessive repairs and maintenance, draining your wallet over time. The last thing you want is to be stuck with a home that continually eats into your finances. To avoid this scenario, it’s essential to know how to spot a money pit before you buy. Look for Structural Issues Structural problems are among the most expensive and complex repairs to…
designed by freepik Real Estate Investment Trusts (REITs) are growing fast. One reason for this growth is the rising demand for multi-family properties. More and more investors are turning to REITs to invest in these properties. REITs make it easy for people to invest in real estate without buying property themselves. With the demand for multi-family properties on the rise, REITs are becoming more attractive to investors looking for steady returns. Are you curious to know more? Let’s start to explore interesting things about real estate investment. What Are REITs? A REIT is a company that owns or manages real…
Vancouver Realtors with an active Instagram presence are selling more homes and doing it faster, according to a new study from Simon Fraser University and Roomvu. The study analyzed more than 63,000 transactions from the Greater Vancouver Realtors’ MLS from mid-2021 to mid-2024 and found that agents who maintain an active Instagram profile see significantly higher sales volumes and lower days on market (DOM) compared to their less social media-savvy peers. According to the study, agents using social media were found 15 per cent more likely to improve their sales performance. The numbers behind the trend The research,…