Author: homegoal.ca
Canada’s rental market continued to cool last month as record levels of new housing supply and softer demand pushed prices lower across much of the country compared to last year. Zumper’s National Rent Index showed the median one-bedroom rent edged up just 0.1 per cent in September to $1,821, while two-bedroom units rose 0.1 per cent to $2,258 compared to August. On an annual basis, rents fell 4.1 and 4.3 per cent, respectively, the twelfth straight month of year-over-year declines. Major markets such as Toronto and Vancouver, where new apartment completions have surged, posted some of the steepest rent drops.…
New condominium sales in the Greater Toronto Hamilton Area (GTHA) have fallen to their lowest level in 35 years, while project cancellations have already reached a record high, according to a new report from Urbanation Inc. In its Q3-2025 Condominium Market Survey, released Thursday, the market research and analysis firm reported just 319 new condo apartments were sold in the third quarter of 2025, down 54 per cent from a year earlier and 92 per cent below the 10-year average for the period. It was the weakest third quarter since 1990. Weak demand crushes new projects Developers have…
Winnipeg’s housing market saw renewed strength in September, with performance metrics rising across nearly every category. MLS® sales, dollar volume, and average prices all moved upward compared to last year and the five-year average. Both the residential detached and condominium segments achieved new record average prices for the month of September, suggesting a potential rebound in market confidence, according to the Winnipeg Regional Real Estate Board. Source: Winnipeg Regional Real Estate Board Sales and Listings In September, total MLS® sales saw a 12% increase over September 2024 and 7% higher than the five-year average. The total dollar volume surged to…
As the weather cools and Autumn settles in, it’s finally the time for the leaves to show off their colours. And what better way to officially celebrate the season changing than embarking on a fall foliage road trip along the East Coast of Canada and the U.S.? We’ve rounded up the best East Coast fall trips to cities where you can catch the most breathtaking, fiery fall views. Québec City, Québec Every autumn, Québec City bursts into colour as the leaves turn bright shades of red, orange, and gold. The best time to catch the fall leaves at their peak…
(One of the catalogue designs. Photo credit: CMHC) The federal government has released a catalogue of standardized housing designs aimed at reducing costs and speeding up the construction of new homes across the country. The Housing Design Catalogue includes 50 technical design packages for rowhouses, fourplexes, sixplexes and accessory dwelling units. Each package contains architectural and engineering drawings, energy reporting templates, building performance reports, cost estimate summaries and a climate resiliency guide. The designs, categorized by region, were developed by local architects and engineers to comply with each province’s building codes. In a press release issued Tuesday by Canada Mortgage…
Canada’s housing market hit a short pause in September 2025 after five straight months of growth. According to the Canadian Real Estate Association (CREA), 39,938 homes were sold across Canada in September, a 1.7% decrease from August. Sales were 5.2% higher than in September 2024, making it the busiest September since 2021. While sales slowed slightly, CREA noted this was more of a pause than a pullback. The Greater Toronto Area (GTA) and Winnipeg recorded modest gains that helped offset declines in Greater Vancouver, Calgary, Edmonton, Ottawa, and Montreal. CREA’s Senior Economist Shaun Cathcart described the September slowdown as a…
Sales activity dipped month over month, but marked strongest September since 2021 Canada’s housing market paused in September 2025, ending a five-month streak of rising sales, according to the latest figures from the Canadian Real Estate Association (CREA). National home sales recorded through Canadian MLS® Systems slipped 1.7% from August. Despite the dip, it was still the busiest September since 2021. The slowdown was concentrated in Greater Vancouver, Calgary, Edmonton, Ottawa, and Montreal, offsetting sales gains in the Greater Toronto Area and Winnipeg. “While there are more buyers in the market now than at almost any other point in the…
The Canadian Real Estate Association (CREA) has crowned September 2025 the strongest September since 2021. The comparison is technically correct, but the broader picture is less compelling. Measured across two decades of September data, this year’s performance belongs in the lower tier of outcomes. It represents improvement relative to the past three years, but not a return to historical strength. The month also broke with seasonal tradition. Sales declined by 1.7 per cent from August to September, a reversal that is unusual for a period when activity typically accelerates. Major markets, including Vancouver, Calgary, Edmonton, Ottawa and Montreal, all saw…
Canadian real estate sellers all had the same brilliant idea last month: list before inventory surges. Canadian Real Estate Association (CREA) data shows September sales hit a multi-year high, but the volume remained tepid—especially in contrast to the record flood of new listings. Market balance is now the weakest since the ’90s real estate crash, helping push prices even lower. Canadian Real Estate Prices Continue To Fall As Listings Soar Canadian Real Estate Prices: The price of a typical home across Canada. Source: CREA; Better Dwelling. Canadian home prices continue to slide, hitting another multi-year low. The typical home fell…
Every month, Kate Teves, HR consultant, recruiter and founder of The HR Pro, answers Realtors’ questions about anything and everything related to human resources. Have a question for Kate? Send her an email. Question: How can I structure bonus clauses in employment contracts to avoid future conflict? Kate: One of the many things real estate and HR have in common is that they both rely on clarity. Whether it’s a purchase agreement or a floor plan, details are crucial. Yet when it comes to employment contracts drafted by brokerages, teams or even single agents hiring an admin assistant, bonus…