Author: homegoal.ca
Canadian banks are seeing mortgage arrears rates climb to multi-year highs, according to the Canadian Bankers Association (CBA). Historically, the Big Six banks are known for their low-risk approach, but recent regulatory filings show that most now have much higher mortgage arrears. The unusual skew is far from over, with most banks also reporting faster arrears growth. Canadian Mortgage Arrears Rate Hits Multi-Year High The CBA has observed a rising trend of arrears. The arrears rate climbed to 23 basis points (bps) in June, up 4 bps (+21%) from last year. While the rate isn’t at dizzying heights, it’s still…
Your home is more than a place to sleep and eat – it’s your sanctuary. A calming environment can do wonders for your mood, productivity, and overall well-being. But, even small visual distractions, like cluttered countertops or a pile of shoes at the front door, can subtly disrupt your sense of peace. To create a home that promotes clarity, calm, and ease, it helps to start with your physical surroundings. Below are nine practical ways to improve the flow and organization of your space, removing both visual and mental barriers along the way. 1. Declutter surfaces Clear your kitchen and…
The Real Estate Council of Ontario (RECO) has taken the first steps in launching legal proceedings against iPro Realty’s former principals and other parties. RECO has issued a notice of application with the Ontario Superior Court of Justice, asserting that Fedele Colucci and Rui Alves, among others, “orchestrated and executed a trust scheme involving the systematic diversion, removal and misuse of consumer deposit and agent commissions held in trust on their behalf,” reads a statement from RECO released on Friday. “The trust scheme was a deliberate breach of the iPro respondents’ fiduciary, statutory and ethical obligations, and was executed at…
Although it was completed relatively recently, the developers of the ICE District in Edmonton have put the Connect Centre retail complex next to Rogers Place on the market, according to a new commercial real estate listing that came online this week.The ICE District is a $2.5 billion mixed-use sports and entertainment district being developed around Rogers Place, the home of the National Hockey League’s Edmonton Oilers. The ICE District spans approximately 25 acres in the heart of downtown Edmonton and includes office buildings, residential buildings, a hotel, retail space, a public plaza, a park, and more. The developers of the…
Los Angeles is one of the most dynamic cities in the world, but even locals sometimes crave a change of scenery from its iconic beaches and Hollywood landmarks. Fortunately, LA is ideally located for weekend getaways that offer everything from coastal charm to desert tranquility and refreshing mountain air. Whether you’re looking for a food-filled city break, a relaxing beach town, or a stylish desert escape, these travel ideas are all just a short drive or flight away from the City of Angels. Palm Springs Driving time from LA: 2 hours There’s truly no place on Earth quite like Palm…
Back in June, I wrote about the not-so-distant future where AI-empowered buyers start to replace some of the functions we, as agents, currently provide. That piece drew plenty of opinions—some folks thought I was off my rocker, others nodded along and even added fuel to the fire about what the next five to 10 years might look like for organized real estate. This isn’t part two of that article. I’m not here to make more predictions today. Instead, I want to show you how you can start using AI right now so you don’t get left behind. Because let’s be…
Toronto real estate agent Shane Little says he’s having to have “frank conversations” with his seller clients — homeowners who have a vivid recollection of what he calls the “FOMO” market that characterized the pandemic year, and the two or so years following. It wasn’t all that long ago, and the chaotic conditions are imprinted on many peoples’ minds: 2020 brought on the global pandemic, leading the Bank of Canada to cut the policy interest rate from 1.75% to 0.25% by March 2020, putting into motion a frantic period of buying and selling — a turn of events that is…
Canadian households are once again piling on debt faster than their incomes can keep up—if they ever stopped. Statistics Canada (StatCan) data show the household debt-to-income (DTI) ratio climbed for a third straight quarter in Q2 2025. It’s still below the 2021 peak, but that drop has less to do with deleveraging and more to do with population growth inflating the income side of the equation. Canadian Household Debt Outpaces Income For Third Straight Quarter Canadian household debt to disposable income. Seasonally adjusted percent. Source: Statistics Canada; Better Dwelling. Canadian household DTI continued to climb in Q2 2025, rising 1.15…
Ontario Real Estate Association (OREA) is sounding the alarm about Ontario’s rental market, which it says is leaving families, students, and seniors struggling to find safe, affordable housing. A new report from OREA warns that without urgent reforms, the provincial rental system will continue to fail both tenants and landlords. In A Fair Rental Market for a Stronger Ontario, OREA lays out 20 “action-ready” recommendations aimed at creating a more balanced, inclusive rental system. The report calls on the provincial government to modernize outdated laws, fix the dysfunctional Landlord and Tenant Board (LTB), and expand supply to ease mounting pressures.…
When evaluating real estate investment opportunities in suburban and urban fringe markets, considering the distinctions between master-planned communities and conventional subdivisions is critical. While both options offer potential for residential development, they differ substantially in design philosophy, infrastructure, amenities, regulatory oversight, and ultimately, investment risk and return profiles. For investors seeking to maximize long-term value, these differences can influence both acquisition strategies and portfolio performance. Comparing Approaches A master-planned community (MPC) is a large-scale residential development that is carefully designed from inception to integrate housing, commercial spaces, recreational facilities, and essential infrastructure. These communities typically encompass hundreds to thousands of…