Author: homegoal.ca

designed by freepik Are you planning to buy or sell property in Canada? It’s an exciting step, but there’s more to it than just choosing the right home or buyer.  Knowing the legal requirements for property transactions in Canada is important. It helps you avoid mistakes and ensures everything goes smoothly. Don’t let complicated legal terms confuse you. You’ll learn the key legal requirements and important documents, and how to make your transaction easy and successful. Legal Requirements for Buying Property in Canada Are you looking for the legal requirements for buying property in Canada? When buying property in Canada,…

This marks the second consecutive 50-basis-point cut to the overnight rate this year In its last announcement of the year, the Bank of Canada made another supersized cut to its key lending rate. In its scheduled December 2024 release, the central bank announced that it had lowered the target for the overnight lending rate by 50 basis points to reach 3.25%. This marks the fifth consecutive cut to rates in 2024, and the second consecutive 50-basis-point cut. In October, Canada’s Consumer Price Index (CPI) increased 2.0% on a year-over-year basis, up from a 1.6% increase in September. Despite this increase,…

After being placed under receivership, the remaining units at the Highline Metrotown tower developed by Burnaby-based real estate developer Thind Properties are now set to undergo a court-ordered sales process, according to filings in the Supreme Court. Highline Metrotown sits at 6511 Sussex Avenue in Burnaby, directly adjacent to Metrotown Station and across the street from the Metropolis at Metrotown shopping centre. The 48-storey mixed-use tower was completed by Thind Properties in late-2023 and consists of 332 strata units. As first reported by STOREYS, the remaining units were placed under receivership in December alongside the Minoru Square project in Richmond…

designed by freepik Thinking of buying a property in Canada? Before you sign the papers, there’s one crucial step you shouldn’t skip: a property survey Canada. This simple process helps you know exactly what you’re buying—like property lines, legal details, and any possible problems. Imagine discovering later that part of your backyard isn’t yours. A property survey helps you avoid surprises and keeps your investment safe. Let’s explore why this step is important and how it makes your purchase worry-free. Why Get a Property Survey Before Buying Real Estate? A real estate survey before buying is like a map that…

Canada’s housing market continued its upward trend in November 2024, as it recorded gains in both sales activity and prices, according to the latest report from the Canadian Real Estate Association (CREA). This marks the sixth consecutive month of sales growth, further solidifying the market’s recovery since mid-year when the first cut to the overnight lending rate was made. Key urban centers such as the Greater Toronto Area, Greater Vancouver, Calgary, and Montreal all saw increased activity, with notable gains also recorded in several smaller cities across Alberta and Ontario. Sales growth persists Home sales in November 2024 increased by…

An ambitious four-tower condo development, 23 storeys each, has been proposed by Fana Group of Companies that would deliver over 1,000 residential units to the Etobicoke West Mall neighbourhood. Plans were submitted in late-December and are currently under review. If approved, the development would replace four office buildings ranging from 2 to 12 storeys and surface level parking. Once complete, the development would sit at 10-21 Four Seasons Place directly northeast of the Highway 427 and Burnhamthorpe Road interchange in Etobicoke. The area is home to a number of low- and mid-rise mixed-use and institutional buildings, but several nearby high-rise…

designed by freepik In today’s competitive real estate market, digital marketing is a game changer for agents looking to stand out.  Digital marketing for real estate agents in Canada isn’t just about having a website; It’s about building a strong online presence that attracts potential buyers and sellers.  With the right tools and systems in place, digital marketing can help grow your business, generate more leads, and establish your brand. Let’s explore how digital marketing for real estate agents in Canada can transform your business and help it succeed Why is Digital Marketing Important for Real Estate Agents in Canada?…

As the snow falls and the nights grow longer, many of us find ourselves spending more time indoors. To beat the boredom of winter, take the extra time you may have on your hands as an invitation to refresh and improve your space in ways that make your home feel cozier, more functional, and uniquely yours. Here are five simple home improvement ideas you can tackle this winter on a budget. 1. Add warmth with a fresh coat of paint Nothing transforms a room faster than a new coat of paint. Opt for soothing, warm tones like creamy beiges, sage…

After a years-long attempt to sell the property, the owners of the office tower at 2 Queen Street East in downtown Toronto have found a buyer — from within.Previously, 2 Queen Street East — also known as the Maritime Life Building — was jointly owned by the Canada Pension Plan Investment Board (CPP Investments), the Alberta Investment Management Corporation (AIMCo), and Brookfield Properties, with CPP Investments holding a 50% stake and AIMCo and Brookfield each holding a 25% stake, according to the Globe & Mail. The property was listed for sale in 2022 by RBC Capital Markets Real Estate Group…

designed by freepik Canada is a country that welcomes immigrants, and this has a big effect on the housing market. As more people move to cities like Toronto, Vancouver, and Montreal, the need for homes is rising.  In 2024, Canada welcomed over 500,000 new immigrants, the highest number in recent years. Canada plans to keep bringing in 500,000 immigrants each year for the next few years.  Most immigrants move to big cities where there are more jobs and services. As more people arrive, the need for homes to rent or buy keeps growing. Popular Cities for Immigrants The top cities…