Author: homegoal.ca

Fifth straight monthly sales gain results in strongest August since 2021 August brought another small but steady increase in national home sales, extending a rebound that’s been building momentum since the spring, according to the latest report from the Canadian Real Estate Association (CREA). With five straight months of price gains, housing activity is showing signs of sustained stability, even as regional trends shift and supply levels begin to balance out.  Monthly sales see a modest climb Home sales across Canadian MLS® Systems edged up by 1.1% in August 2025, marking the fifth month in a row of rising activity.…

Don’t miss out—join us online for REM’s monthly market breakdown on Sept. 23 at 2 PM ET. REM, columnist Daniel Foch will analyze CREA’s latest stats, regional variations and what shifting sentiment means for Realtors—register here.   The headlines heralding a rebound in Canadian housing carry a familiar air of triumphalism.  August marked the fifth consecutive month of sales gains, edging national transactions 1.1 per cent higher on a seasonally adjusted basis and bringing cumulative activity since March to 12.5 per cent. It was the strongest August since 2021. Yet such framing obscures a more sobering reality. Even after half…

Master-planned communities (MPCs) have increasingly become more than just clusters of homes. They are emerging as holistic ecosystems that integrate sustainable practices, technological advancements, and thoughtfully designed public spaces. Developers are responding to a growing demand for environmentally responsible, resilient, and socially engaging communities, blending innovation with long-term planning. This evolution reflects a broader societal shift toward sustainable urban growth and well-being. Climate Resilience and Adaptive Design Climate change has forced MPCs to rethink design from the ground up. Flood-prone areas are now addressed through elevated structures and innovative drainage systems, while regions susceptible to wildfires or extreme weather adopt…

This Wednesday, September 17 will bring another Bank of Canada (BoC) interest rate announcement, and the third-last of the year. The country is going into this decision with a policy rate of 2.75%, held steady at this level since March of this year.Although there wasn’t much mystery leading up to the Bank’s last announcement in late July — it culminated in a third-straight hold, as anticipated across the board by economists with Canada’s ‘Big Five’ banks — there’s more room for debate this time around. One reason for that is weaker economic conditions overall, with a loss of 66,000 jobs…

Canadian real estate showed minor improvement in August but remains far from normal. Existing home sales rose slightly, according to data from the Canadian Real Estate Association (CREA). However, the increase wasn’t enough to offset a record number of new listings, helping drive the sharpest monthly price drop in over a year. Canadian Real Estate Prices See Sharpest Drop In Over A Year CREA benchmark price: The price of a typical home across Canada. Source: CREA; Better Dwelling.  Canadian real estate prices continued to slip last month. The price of a typical home fell 0.9% (-$6,500) to $686,800 in August,…

In a city where detached homes feel out of reach, condos remain the entry ticket for buyers determined to plant roots in Toronto. According to the Toronto Regional Real Estate Board (TRREB), the average prices of various property types in Toronto as of August 2025 were as follows: condos at $667,660, townhouses at $915,511, semi-detached homes at $1,131,498, and detached homes at $1,524,066.  These significant price gaps underscore the challenges of climbing the property ladder, and the high entry point of a condo makes it even more challenging to break into that segment. Now that condo supply has increased, with…

A “shadow market” of unlisted, unsold condo inventory is emerging in both Toronto and Vancouver, which could worsen the current condo crisis both cities are facing, some Realtors say. The shadow market consists of both presale condo units that are available before the building has been constructed, and the units that are leftover from the presale period but are still not listed on the MLS. “(Presale inventory) doesn’t get picked up in the real estate boards’ monthly analysis,” Vancouver Realtor Steve Saretsky told Real Estate Magazine. “There’s never any discussion that the preconstruction market also has all-time record high inventory,…

On Wednesday, CAPREIT (TSX: CAR.UN) and Nch’ḵay̓ — the economic development arm of the Skwxwú7mesh Úxwumixw (Squamish Nation) — jointly announced that they had completed a transaction pertaining to the International Plaza Apartments in North Vancouver.The International Plaza Apartments are located at 1959-1999 Marine Drive in North Vancouver, at the southwest corner of the intersection with Capilano Road. The property consists of two high-rise towers with a total of 471 rental units above just over 65,000 sq. ft of commercial retail space and sits atop reserve land located in the Squamish Nation village of X̱wemelch’stn (Capilano IR #5).According to Nch’ḵay̓,…

Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Big Six Mortgage Arrears Surge Above National Average Mortgage arrears at Canada’s Big Six banks are rising faster than the national average, with five of the six now exceeding it. These lenders typically post much lower delinquency rates, making the sudden surge a potential early warning of deeper financial stress. Continue Reading… Toronto Real Estate’s Long-Term Prospects Fade As Unemployment Nears 400k A faster recovery for Toronto real estate looks unlikely as the job market deteriorates. The region saw 392.3k unemployed in August, up 11.1% year-over-year—now…

Amid less-than-ideal business conditions in Toronto, one real estate marketing agency is looking further afield for opportunities to expand its footprint and diversify its services — places like Dubai, Florida, and Grand Cayman. The company, Pivot Real Estate Group, leases and sells units in high-, mid-, and low-rise buildings from major Toronto developers and is among the largest pre-construction brokerages in the GTA. They’ve been around for over 30 years, have more than 50,000 sold units under their belt, and have a broker network of over 40,000 agents. But they too have felt the energy seeping out of the GTA’s…