Author: homegoal.ca

Deciding whether to sell an investment property is a significant decision that depends on various factors, including market conditions, financial goals, and personal circumstances.  What Are the Market Conditions? The current real estate market conditions affect the price you are likely to receive. A seller’s market, where there is high demand and low inventory, can offer favourable conditions for selling. Conversely, in a buyer’s market, you might struggle to get your desired price. Monitor local real estate trends and consult with real estate professionals for guidance prior to selling your investment property. What Are Your Financial Goals? Does selling your…

In a recent Real Estate Magazine article, I discussed the idea of value proposition. I wrote about how the value proposition of Realtors, brokers, real estate boards and associations, and the sector have evolved. I also highlighted how the value proposition will continue to evolve.  As I’ve reflected on that article and how Realtors and brokers can adapt to the inevitability of a changing value proposition, I’m also struck by an idea that I’ve had a hard time putting into words.  I’ve long thought about the opportunity for Realtors to adopt the perspective of small business owners, because one, that’s…

Location is a critical factor in real estate value, but certain areas consistently deliver stronger returns. One of these are growth nodes, or places where development, infrastructure, and population expansion intersect to create concentrated demand. They often form around transportation corridors, employment centres, and major commercial hubs, setting the stage for steady property appreciation. Master-planned communities also drive growth nodes. Unlike conventional neighbourhoods that grow organically, these developments are guided by a comprehensive design that weaves together housing, retail, schools, parks, and civic spaces. The result is a self-contained environment built for long-term stability and appeal. Master-planned communities also create…

One of Canada’s largest banks just delivered bad news for real estate investors—it’s a bubble already deflating. BMO Capital Markets warns that home prices have been sliding for over three years, more closely resembling the US housing crash in 2007 than Ontario’s last correction. The bank expects a long, drawn-out recovery, cautioning it’s “next to impossible” to recreate the conditions that fueled the boom. Canadian Real Estate Is A Bubble—It’s Been Popping For 3 Years Canada’s housing bubble won’t pop—it already has, according to BMO. “While many are searching for bubbles in the equity market, one continues to undo itself…

September marked another month of solid activity in Saskatchewan, with sales up 10 per cent year-over-year to 1,528, the second-highest total ever recorded for the month, according to the Saskatchewan Realtors Association (SRA). New listings increased five per cent but remained nine per cent below long-term trends. Strong demand and near-record sales pushed inventory down 14 per cent from last year, leaving supply more than 40 per cent below historical levels. Nearly 950 of the 4,896 active listings were conditionally sold, reducing available inventory to 3,958 heading into October. “Our province continues to chart its own path, defying national narratives…

Halifax real estate is pitched as an affordable alternative to Toronto, once the world’s second-largest bubble. That pitch was successful, helping prices nearly double over just two years. There’s just one problem—Toronto’s condo bubble has popped, with prices falling 21% and all signs pointing to further declines. With Halifax condo prices near all-time highs, the gap is closing fast. If Toronto’s condo market was a bubble, Halifax is either due for an epic correction or about to take the crown.  Halifax Condo Prices Nearly Doubled Over 2 Years The cost of a typical condo apartment in Halifax.  Source: CREA; Better…

designed by freepik Time management for realtors is something many agents put off until they’re feeling stressed. But it’s actually one of the most important skills you can have. If you want to grow your business, close deals faster, and reduce stress, you need to manage your time well. As a realtor, you’re always juggling client meetings, property showings, calls, marketing, and much more—often all in the same day! You’ve probably had days when you’re busy but don’t feel productive. Maybe you’ve missed calls, forgotten follow-ups, or watched deadlines pile up. That’s usually a sign that your planning needs some work.…

(photo: CREA)   Patrick Pichette is ending his 13-year chapter with Realtor.ca and the Canadian Real Estate Association (CREA). Since January, Pichette has served as the founding CEO of Realtor.ca on an interim basis. The role was created as the website was spun out as a wholly-owned subsidiary of CREA.  Pichette had previously served as vice president of Realtor.ca for over six years. He spent his earlier years at CREA in marketing and product development.  “I’m especially grateful for the chance to rally the industry and the team around a new vision for Realtor.ca, and for the opportunity to spin…

Finding love and a place to call home is all about timing, intuition, and, let’s face it, the numbers. So, where are your odds best? Using the latest data from Statistics Canada, Zoocasa analyzed population trends across the country to determine where people aged 20 to 39 make up the largest portion of the population. Whether you’re looking for a partner in your late-20s career climb, or someone who’s also Googling “the difference between fixed and variable rates,” these numbers reveal where your dating pool might be deepest — and where love and lifestyle goals align. Early 20s: PEI’s Coastal…

It’s October. Interest rates dipped in September. Another drop is widely expected at the end of this month, and speculation is that we could even see a third before the end of the year. Economists are cautiously optimistic. And here’s what this means for you.   Now is your window   It’s not going to be obvious. You won’t suddenly wake up to headlines screaming “It’s back!” You’re not going to feel it until long after it’s already passed. But for the agents who are paying attention – the ones putting in the work right now – opportunity is already…