Author: homegoal.ca
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Quebec City recorded the highest year-over-year aggregate price gains in Canada for the sixth consecutive quarter Quebec’s real estate market continued to defy the national trendline in the third quarter, maintaining strong activity levels and price appreciation against economic uncertainty and global trade tensions. Despite forecasts of a slowdown, the province’s residential market continues to show unwavering strength and resilience, according to the latest results of the Royal LePage® House Price Survey and Market Forecast. “The remarkable performance of Quebec’s real estate markets in the third quarter attests to the strength of its economic foundations. The Greater Montreal Area market,…
Each Wednesday, Real Estate Magazine shares insights, experiences and advice from top-performing agents across Canada. If you’d like to contribute, or nominate a colleague or team, send us an email. Editor’s note: The following interview was originally published in a REM special edition print magazine released Oct. 7 at the Re/Max Activate conference. Known for their powerhouse presence in Kelowna, B.C. and beyond, sisters Tamara and Shannon Stone have built one of Canada’s top-producing teams. With over $210M in 2024 sales volume and nearly $240M year-to-date in 2025, the Stone Sisters are redefining what team leadership looks like in Canadian real…
Canada just got another recession warning—falling new vehicle sales. Statistics Canada (StatCan) data shows new motor vehicle sales fell sharply in August, marking the biggest drop for the month since 2010. Durable goods like vehicles and homes see sales fall after the peak of the business cycle, signaling a recession that can’t be managed with simple rate cuts. Durable Goods Mean A Durable Economy: Why Vehicle & Home Sales Lead The Economy New vehicles are durable goods—big-ticket purchases meant to last years. The category includes appliances, furniture, home renovations, and machinery (and tools!). These purchases rely on both financing and…
In 1925, English writer Aldous Huxley famously said that Los Angeles was like “19 suburbs in search of a city.” Today, the Greater Los Angeles area has expanded to a lot more than just 19 suburbs. The metropolitan area encompasses five counties, at least 88 cities, and over 200 neighborhoods. With such a vast area to explore, choosing the best suburb of Los Angeles to live in becomes just as complex as navigating the city’s notorious crisscrossing freeways. Fortunately, that’s where Zoocasa comes in. We analyzed 66 Los Angeles suburbs, ranking them by affordability, safety, price appreciation, and convenience to…
Canada’s most expensive cities record price declines, while growth slows in other major markets in Q3 Across much of the country, rising inventory levels combined with easing borrowing costs are helping shift many real estate markets into a more balanced state. This is creating improved conditions for buyers, who are benefiting from more choice and better affordability than in recent years. However, not all buyers are ready to step back into the market. With some demand still sitting on the sidelines – whether due to lingering economic uncertainty, affordability concerns, or expectations of further rate cuts – most major cities…
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…