Author: homegoal.ca

There’s no place in Canada where homebuilding is as depressed as it is in Toronto. That reality was underscored earlier today when Canada Mortgage and Housing Corporation (CMHC) released its fall housing supply report, which shows that building activity plunged 44% in the first half of 2025 compared to the same period in 2024. On a population-adjusted basis, the federal housing agency said that starts are at the lowest level since 1996 — putting them a hair shy of a 30-year low.The overall downtrend was driven by a 60% drop in condominium starts, and reflects a pullback in investor demand…

Canada’s real estate market finally got some good news—cheaper financing may be coming. The Bank of Canada (BoC) will cut rates three times before the traditionally busy Spring real estate market, according to a report from BMO Capital Markets. The recent labour market erosion has the market fully pricing in the first cut within the next few days. However, the bank notes caveats that sticky inflation and an upcoming CPI report can swing market expectations fast. Bank of Canada To Cut Rates 3x Before Spring 2026, Market Forecasts First Cut Within Days Canada’s oldest bank sees rates being slashed fairly…

Plenty of celebrities call “The Big Apple” home, but with over eight million other residents in the city, spotting one isn’t always easy. If you want to increase your chances of celebrity sightings in New York City, you’ll need to start by heading to some of their most frequented restaurants.  But where do celebrities eat in New York? There are over 17,000 restaurants in the city, so to help you narrow it down, we’ve gathered some of the ones most loved by your favorite movie stars, singers, and artists.  The Corner Store Newly opened in 2024, The Corner Store serves…

Buttonwood Property Management And Rental Services Is Pleased To Offer Three Bedroom And Two Bathroom Condo Townhouse For Rent Located At 1055 Shawnmarr Road, Port Credit Mississauga Ontario L5H 3V2   This Beautiful 3 Br 2 Ba Condo Townhome For Rent In Port Credit Mississauga Is Ideally Situated Close To The Lake. Highly Desirable And Family-Friendly Complex In Port Credit Village! This Bright And Spacious Two-Storey Home Features: An Open-Concept / Functional Layout Kitchen With Quartz Countertop Finished Lower Level With Office Room Lower Level Have Direct Access To 2 Underground Parking Spots Private Fenced Backyard With Shed Great Location…

In British Columbia, five million residents live in condominiums and other stratified housing. Recent municipal and provincial policies that push for densification will only increase that number. That means the dream of safe and secure homeownership in the province hinges on the strength of strata governance.  B.C.’s strata councils – often known as condo boards in other parts of the country – are tasked with managing everything from budgets to bylaws. Despite that outsized responsibility, however, they operate without formal training. The result is a patchwork of management quality, rising disputes, and eroding trust in the very institutions meant to…

The price-to-rent ratio is a simple metric that compares the cost of buying a home to the cost of renting a comparable unit over a year. It can provide a quick screening tool for investment, as lower ratios tend to indicate that ownership is cheaper relative to rent, while higher ratios indicate the opposite. Common industry cutoffs treat ratios under about 15 as “buy-favourable,” between roughly 16 and 20 as neutral, and above about 21 as “rent-favourable.” National Trends On an aggregate index basis, Canada’s price-to-rent series registered at 134.71 for the first quarter of 2025, a small decline from…

According to the latest rent report from Rentals.ca and Urbanation, August marked the eleventh consecutive month in which the national average rent declined on a year-over-year basis. This is also “the longest stretch of rent declines since the early pandemic period,” says the report. With just shy of a year of sliding rents under the nation’s belt, the average price a Canadian pays to rent their home now sits at $2,137, down 2.3% from August 2024. But despite the sustained downwards trajectory, rents are still perched 1% higher than they were two years ago, highlighting just how expensive prices became…

Toronto’s real estate bubble just lost another key pillar: jobs. Statistics Canada (StatCan) data shows the Toronto CMA unemployment rate is nearing double-digits, with Mississauga and Brampton already well above 10%. What was once one of the country’s strongest job markets is now cracking—raising questions about short-term value and the long-term sustainability of a housing market once seen as untouchable.  Greater Toronto’s Job Market Is Spiraling: Unemployment Surges Toronto CMA unemployment rate (unadjusted 3-month average).  Source: StatCan; Better Dwelling.  The Greater Toronto job market is crumbling faster than the national average. The CMA’s unemployment rate hit 9.4% in August, up…

Branch staff aren’t just the friendly faces your clients see when they first visit your office. They’re the air traffic controllers, directing people, paperwork, and problems to the correct avenues to be handled as quickly as possible. But if there ever was a person you should familiarize yourself with at your branch, it’s your deals administrator. Your hardworking deals admins collect and amalgamate all transaction paperwork, typically using an online management system like Skyslope or Nexone. They are the main point of contact amid the flurry of follow-ups from clients, lawyers, and agents alike. Depending on the size of the…

Parallax Development Corporation has filed plans for a 19-storey, 746-bed private student residence near the College Street and Spadina Avenue intersection in Toronto’s Kensington-Chinatown neighbourhood. The area is also home to the University of Toronto, which has its main campus located just east of the proposed development. The site is also in close proximity to Toronto Metropolitan University.Plans were filed in late-August in favour of an Official Plan and Zoning By-law Amendment application, as well as a Site Plan Approval application to permit the proposed built-form and use. This most recent application succeeds prior filings beginning in 2014 that resulted…