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Author: homegoal.ca
Canada’s housing market had a slow start in 2025, and while the pace of sales is picking up, prices are likely to “tread water” for the foreseeable future, says Royal LePage CEO Phil Soper. According to the Royal LePage House Price Survey and Market Forecast released today, the aggregate price of a home in Canada recorded virtually no change in the third quarter of 2025, increasing just 0.1 per cent year-over-year to $816,500. On a quarter-over-quarter basis, home prices declined 1.2 per cent, driven by depreciation in many major markets across the country in recent months. Reflecting price declines primarily…
Canadian real estate developers are pulling back, even as policymakers flood the system with incentives. Statistics Canada (Stat Can) data shows residential building permit values plunged in August, and the drop was even larger after adjusting for inflation. Canadian homebuilders are sending a clear warning signal: the risk is rising even faster than the astronomical budgets for homebuilding incentives. Canadian Homebuilding Intentions Plunge—Inflation Makes It Worse Canadian residential building intentions faded further. The seasonally adjusted value of residential permits fell 2.4% (-$173.8M) to $7.01B in August, 4.6% (-$337 million) lower than last year. It looked even worse after adjusting for…
In October 2025, five provinces (including Ontario, Nova Scotia, and Saskatchewan) raised their minimum wages to help workers keep pace with rising living costs. They joined British Columbia, Quebec, New Brunswick, and Newfoundland and Labrador, which had already made similar increases in early 2025.But despite these efforts, one major expense continues to rise faster than incomes: rent. While rental prices have cooled slightly from the record highs of 2023, affordability remains out of reach for many Canadians, especially single earners trying to rent a one-bedroom apartment at the average price. Using recent data from Rentals.ca, Zoocasa analyzed 51 Canadian cities…
Toronto Regional Real Estate Board (TRREB) has replaced the board of its technology subsidiary PropTx, with the new members slated to conduct a governance and operational review. John DiMichele, CEO of TRREB and PropTx Innovations Inc., confirmed in an email to Real Estate Magazine that the TRREB leadership team has appointed a new interim board, replacing the previous board. “This transition will ensure PropTx’s governance structure is optimally positioned for our next strategic planning cycle and better aligned with emerging technologies, user needs, and our long-term vision to support our mission,” said DiMichele. Members of the new board are Agostino…
The Reef Foreign investors seeking property in the Dominican Republic (DR) have access to a range of financing options from both local and international institutions. While cash purchases remain common, especially for lower-priced condominiums, buyers from the United States and Canada can obtain mortgages in the DR. The main financing avenues available are local bank mortgages, developer financing, and leveraging assets in the buyer’s home country. Each option carries specific advantages and considerations, and understanding them is crucial for maximizing the potential of a DR property investment. Local Bank Mortgages Mortgages from local banks in the Dominican Republic are available…
The best real estate lessons rarely come from textbooks. Sometimes they happen live — under bright lights, in front of judges, and with three minutes to prove your worth. That was the case in Halifax, where Leads Off Shift hosts Taylor Hack and Andrew Fogliato, owner of Real Estate Magazine, recorded their first-ever live episode from the Re/Max Nova office. The two broke down what happened during a high-stakes listing pitch competition and what every Realtor can take away from watching top agents perform — and sometimes stumble — under pressure. Here are the highlights. Authenticity beats polish …
Have you ever watched a Wes Anderson movie and wished you could step right into the frame, surrounded by pastel hues and whimsical patterns? Believe it or not, you can. There are plenty of real-life homes that perfectly capture the same quirky aesthetic as his movies. Here’s our ultimate listing round-up of seven homes that beautifully embody Wes Anderson’s unique cinematic style and charm. Listed by: Orlando Bojorquez of P&A Realty Listed by: Orlando Bojorquez of P&A Realty Property Details Specs: 1 bed, 1 bath Unique Features: gas fireplace, garden room, large backyard This 1,061-square-foot condo is a perfect example…
Is there a room in your home that you pass by every day but never use, just taking up space? If so, renting it out could be a great way to make extra income. While it may take some preparation and effort, with the right guidance and information, it can also be a rewarding experience. Here’s the ultimate guide to renting out a room in your home. Check Local Laws and Regulations Before renting out your home, research local laws and regulations related to room rentals. Some cities have restrictions or require a permit, while others may expect you to…
This Week’s Top Stories: Canadian Real Estate Resembles US Bubble, Investors See Major Risk Event
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Real Estate Resembles US Bubble After Perfect Storm: BMO Canadian real estate’s correction now mirrors the 2007 US housing bubble, according to BMO. Ontario prices have plunged much faster than any historical correction, more closely tracking US housing post-Great Recession. If it continues this trajectory, expect the cycle to last another 6 years—faster than usual for Canada. The bank reminds investors that housing corrections are measured in years, not months. Continue Reading… Canadian Gold Imports See Historic Surge As Investors Brace For Turmoil Canadian investors are…
Halloweekend is almost here, which means the countdown to spooky season is officially on. Whether you’re trying to impress trick-or-treaters, create a haunted house atmosphere, or take home the prize for best-decorated house in your neighborhood, we’ve got all the tricks you need to make your yard a Halloween hit. Here are 5 outdoor Halloween decorating ideas that will transform your space, delight your guests, and give your home a spine-tingling, festive glow. Giant Spiders and Webs Nothing screams Halloween quite like huge spiders sprawled across your house and lawn, surrounded by giant webs. The fun part is that you…