Author: homegoal.ca
Ottawa’s housing market is holding its ground despite broader slowdowns, with bidding wars erupting in some of the top neighbourhoods, even as overall inventory climbs to its highest level in seven years. John King, license partner and broker at Engel & Völkers Ottawa, coined the term “microbursts” to describe these pockets of intense activity in the city’s most desirable areas, like Westboro, the Glebe, Old Ottawa South, Golden Triangle, Wellington Village, and Highland Park, among others. “If a home is priced right, you can still see multiple offers,” King said. “It’s really location and price-sensitive.” Luxury market trending…
Like our ever-changing cities and towns, Ontario’s real estate and development landscape (and the people who make it run) are also ever-changing. From new hires and retirements to promotions and partnerships, here are all the notable moves you should know about from September.Notable moves from last month include Ana Bailão being appointed inaugural CEO of Build Canada Homes, Jacob Cohen being promoted to President of The Daniels Corporation, Eric Lombardi joining Build Toronto as Chair, and Eric Plesman rejoining Oxford Properties Group as President and CEO.Development:The Daniels Corporation has promoted COO Jacob Cohen to President, President and CEO Mitchell Cohen…
Missed the live session? Catch up on REM’s Monthly Market Breakdown with columnist Daniel Foch, where he unpacks the forces shaping Canada’s housing market. From falling interest rates, bond yields, and rising unemployment to mortgage delinquencies, household debt, and affordability challenges, Daniel breaks it all down with clarity and insight. He also tackles big-picture issues like the ongoing trade war, the potential CUSMA renegotiation, and their impact on real estate. Perfect for Realtors who want to stay ahead of the curve and give clients informed advice in a rapidly shifting market. 👉 Watch the replay below! Source link
This article was written and submitted by Cameron Levitt, a Toronto-based real estate agent with RE/MAX Hallmark who writes about housing dynamics, market trends, and the Canadian economy.A recent CMHC report titled “Is Toronto’s condo market downturn a repeat of the 1990s?” points to a possible future rebound as new supply has essentially stopped. The argument is straightforward: With no new projects breaking ground today, the eventual shortage could drive another wave of appreciation tomorrow. That thesis is the foundation for many to ask and question whether or not it’s time to buy investment condos.It is a question worth exploring.…
With autumn in full swing, it’s the perfect time to refresh your home and embrace the season’s cozy charm. Picture golden leaves outside your windows, glowing candlelight inside, and soft textures inviting you to curl up with a warm pumpkin spice latte. From blankets and pillows to vases and candle holders, every detail deserves a touch of fall warmth. To help you create that atmosphere, we’ve rounded up 5 must-have home brands this autumn to make your space both chic and irresistibly cozy. Jump Ahead Anthropologie Headquartered in Philadelphia, Anthropologie specializes in home decor, furniture, tableware, seasonal accessories, and women’s…
Suze Cumming, founder of The Nature of Real Estate and Canada’s Real Estate Negotiation guru, answers Realtors’ questions on the first Friday of the month about negotiation tactics and working through tricky situations. Have a question for Suze? Send her an email. The overwhelming majority of letters I received this month were about pricing listings. So, let’s dig in on how you and your sellers can get the advantage in this market. Over 79.5 per cent of Canadian homes listed for sale today aren’t selling, according to an estimation based on Canadian Real Estate Association (CREA) data. Sellers can’t understand why…
In luxury real estate, it’s easy to assume that prestige sells itself. But even the most sought-after properties aren’t immune to the unpredictable. Market conditions cool. Stock portfolios dip. A next-door lawn grows wild. And just like that, a multimillion-dollar listing becomes harder to move. This is why working with a highly experienced luxury REMAX® agent — one who understands how to navigate nuance, set a strategic tone, and overcome hurdles outside a seller’s control — is invaluable.In 2025, Canada’s high-end housing market is contending with a rare mix of pressures. After a strong start to the year, marked by…
Falling interest rates, flattening prices and increased household income made housing more affordable for Canadians from the end of 2023 to the middle of this year. However, the bulk of the affordability gains appear to be “rearview mirror,” according to a new report by RBC assistant chief economist Robert Hogue. “Further advancement becomes more challenging once interest rates reach a stable plateau as it depends exclusively on home price movements and household income trends,” reads the report. “Substantial price declines or robust increasing income would be necessary to drive more meaningful gains.” Hogue anticipates broadly stable pricing across Canada over…
Elysium Investments has filed plans for a 43- and 41-storey residential development within walking distance of the Mount Dennis station on the forthcoming Eglinton Crosstown LRT. The plans call for two towers containing 851 rental units and a 2,152-sq.-ft Privately Owned Publicly Accessible Space (POPS) located onsite.The Zoning By-law Amendment application was filed by Elysium in early September and is currently pending the City of Toronto’s review. If approved, the new apartment complex would replace the 17 detached and semi-detached homes that currently occupy the York development site.Located at 70-104 Brownville Avenue, the roughly 40,192-sq.-ft site sits directly east of…
Toronto real estate may have to accept that its pre-pandemic premium is gone. TRREB data shows composite home prices fell further in September, with losses accelerating. A mild uptick in sales was overshadowed by inventory surging to a record high. The demand balance is weaker than during the 90s crash, the region’s last major correction. Toronto Real Estate Prices Down 25%, Recent Losses Widening Greater Toronto real estate prices: CREA composite benchmark. Source: CREA; TRREB; Better Dwelling. Greater Toronto real estate prices fell again in September, extending recent losses. The benchmark price dropped 0.7% (-$6,700) to $963,000—down 5.5% (-$55,128) from…