Author: homegoal.ca
Canadian real estate prices have been resilient in recent years, but a fundamental indicator is flashing warning signs. Canadian Real Estate Association (CREA) data shows the sales-to-new listings ratio (SNLR) fell in June, indicating the weakest demand balance for the month since 1995. The indicator hasn’t eroded from peak to trough this quickly since the late 80s, during the years directly preceding the 1990s real estate price crash, the largest in Canada’s history. Sales-To-New Listings Ratio The sales-to-new listings ratio (SNLR) is a simple but powerful metric the industry uses to gauge demand balance. It’s a leading indicator of market…
The Canadian housing market showed fresh signs of momentum in June, with home sales continuing their upward trend and prices stabilizing after several months of declines, according to the latest report from the Canadian Real Estate Association (CREA). While activity remains below historical highs, buyers are clearly stepping back in, especially in the Greater Toronto Area, where sales have been on a rebound since spring. Sales see second month of gains Home sales recorded over Canadian MLS® Systems climbed 2.8% in June compared to May. This follows a 3.5% increase the month before, marking two solid months of recovery. Sales…
Escalating trade tensions and economic pressures have slowed the trading of multi-million-dollar homes in Canada, but Montreal and Calgary are resilient in the face of these challenges, according to Sotheby’s International Realty Canada. Calgary’s residential sales over $1 million saw a modest 3 per cent uptick to 1,164 properties in the first half of 2025. Of those, 10 were in the $4 million-plus category, compared to seven in the same period of 2024, according to Sotheby’s State of Luxury report, released Wednesday. Montreal’s luxury housing market “defied national headwinds in the first half of 2025,” reads the report. Residential sales…
In what may be one of the most high-profile real estate insolvencies of the year in Canada, both in terms of the amount of debt and the parties involved, the Edmonton City Centre mixed-use complex in the heart of downtown Edmonton has been placed under receivership, according to filings in the Court of King’s Bench of Alberta. The Edmonton City Centre complex is located at 10025 102A Avenue and includes not just the mall, but also the Centre Point Place at 10205 101 Street NW that’s home to CBC, the 29-storey TD Tower at 10088 102 Avenue NW, and the…
Buttonwood Property Management And Rental Services Is Pleased To Offer A One Bedroom Plus Den Two Bathroom Condo For Rent Located At 18 Yonge Street Toronto ON M5E 1Z8 This 1 Br Plus Den 2 Ba Condo For Rent At 18 Yonge Street Is Freshly Painted With Floor-To-Ceiling Windows. Functional Open Concept Layout With Spacious Bedroom With 4-Piece Ensuite & Mirror Closets. Great Location Steps To: Union Station Path Harbourfront St. Lawrence Market A.C.C. Grocery Stores Financial District Entertainment District Building Amenities Include But Not Limited To: Concierge Indoor Pool Gym Sauna Party Room Dir/Cross St: Yonge/Lakeshore Municipality: Toronto…
Have you ever landed in a new city and thought, “I could live here”? For most, it’s a passing vacation daydream, but what if affording a vacation home was actually within reach? In some popular destinations, year-round sunshine and waterfront views might be more affordable than you’d expect. Zoocasa analyzed median single-family home prices across 40 popular U.S. vacation destinations and calculated the annual income needed to afford a home in each one as well as the average monthly mortgage payment. The results might just inspire you to turn your next getaway into a permanent stay. Many vacation markets require…
Whilst economic anxieties slowed other housing markets in Q2, Quebec’s major cities reported strong activity and price appreciation The province of Quebec’s real estate market continued to buck national trends in the second quarter of the year, showing few signs of slowing despite broader economic and political uncertainty. According to the latest results of the Royal LePage® House Price Survey and Market Forecast released today, Quebec’s real estate market showed remarkable resilience and strength in the second quarter of 2025, setting itself apart from the trends displayed elsewhere in the country. This performance is all the more noteworthy given that…
It is rare to see back-to-back housing reports that feel like mirror images. Yet Canadian Real Estate Association (CREA)’s data for June reads almost like a script re-run of May. Another modest rise in sales. Another month of flat prices. Another subtle shift in market dynamics that feels more whispered than shouted. In the lexicon of real estate, rebounds are often loud and unmistakable. But this one is quiet, deliberate, almost contemplative. Two months into what some hoped would be a sharp resurgence, Canada’s housing market instead moves with the slow, deliberate cadence of someone testing the ice before stepping…
CURV, set to be the tallest passive house structure in the world and the pinnacle of luxury real estate in Vancouver, is facing insolvency, according to filings in the Supreme Court of British Columbia obtained by STOREYS, throwing the future of the high-profile project into jeopardy. Set for 1075 Nelson Street (formerly 1059-1075 Nelson Street) in the West End of Vancouver, near Thurlow Street, the 60-storey CURV was originally proposed to consist of 328 strata units, 50 market rental units, and 102 social housing units. The project was being developed by Montreal-based Brivia Group as the lead developer, with Vancouver-based…
Canadian real estate sellers who thought the market was stabilizing may soon realize they’re just in the eye of the storm. Canadian Real Estate Association (CREA) data shows the composite benchmark HPI fell in June. The recent declines have been getting larger in recent months, as the price of a typical home in Canada fell to a 4-year low. Canadian Real Estate Prices Fell To A 4-Year Low Canadian real estate prices: CREA composite benchmark HPI. Source: CREA; Better Dwelling. Canadian real estate prices are heading even lower. The price of a composite benchmark (typical) home fell 0.2% (-$1,600) to $698,600…