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Author: homegoal.ca
The housing slump that’s jarred market stakeholders over the past three years is often compared to that of the 1990s in its pattern and severity, but in the Greater Toronto Area’s (GTA) new home market specifically, it seems conditions are now even a cut below that famous downturn. The Building Industry and Land Development Association (BILD) said Wednesday that GTA new home sales “remain exceedingly low, eclipsing the 1990s downturn, with July sales remaining at low levels not seen in decades.”According to the BILD’s latest set of figures, there were just 359 new home transactions recorded in July, marking a…
There’s a reason Calgary and Edmonton keep drawing people in. Affordable homes, thriving job markets, low taxes, and more sunshine than you’d expect. It’s no wonder Alberta’s biggest cities have become top choices for young professionals and families. Add in the fact that Alberta has the youngest population in the country (with the province’s median age 38.4), and both cities feel built for people ready to start planting roots. Renters in Alberta also have more breathing room than most Canadians. Compared to the national average of $2,121, Calgary renters spend approximately $1,689 for a one-bedroom unit, while in Edmonton, the…
Niagara Falls, Sault Ste. Marie, ON – Revel Realty, an independent real estate brokerage with headquarters based in Niagara Falls, Ont., is excited to announce that high-performing real estate agents, Ali Irwin and Kirsten Bursche, will lead REVEL’s expansion into Sault Ste. Marie, Ont. In doing so, Ali and Kirsten will introduce REVEL’S brand presence into an area that is already strongly connected to REVEL’s presence in Sudbury, Espanola/Manitoulin, Timmins and North Bay. About Ali and Kirsten Born and raised in Sault Ste. Marie, Ali Irwin joins REVEL with a deep-rooted love for her community and the people…
On Tuesday, the Government of British Columbia announced that it will again be tying the annual rent increase cap to inflation, resulting in a maximum allowable rent increase of 2.3% in 2026.”B.C. is an extraordinary place, but with economic uncertainty and rising costs, people are struggling to find a place to live that fits in their budget,” said Minister of Housing and Municipal Affairs Christine Boyle, who was appointed to the position during this summer’s cabinet shuffle. “We’re continuing to cap rent increases, linking them to inflation, to reduce housing costs for seniors, families and individuals, protecting them from unfair…
A Zonix Group development site has hit the market for an unlisted price, offering developers the opportunity to erect a high-density, transit-oriented residential development at the border of Toronto and Markham. The sale of the site is being represented by Jeremiah Shamess and Matthew Soper of Private Capital Investment Group at Colliers and it currently has approvals in place for a 40- and 44-storey complex set to deliver 1,060 residential units, and potentially more.Located at 36-48 Steeles Avenue East and 37-49 Highland Park Boulevard, the site spans 2.3 acres and is bounded by Steeles Avenue in the south, Dudley Avenue…
This Week’s Top Stories: Canadian Real Estate Sellers Pull Listings, & The Capital Flight Crisis
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Economy Hits An Iceberg—Government Spending Soars It’s too early to use the R-word to describe the Canadian economy, but it seems inevitable. Real GDP contracted 0.4% (SAAR) in Q2, driven by falling exports, weak business investment, and a decline in non-residential construction. The contraction would have been even deeper if not for a rise in household and government consumption. Since the only growth was driven by dipping into savings and relying more on credit, the support seems unlikely to persist. Continue Reading… Canada’s Capital Flight Crisis:…
Calgary sits in the foothills of the Canadian Rockies, which means golden hours here are nothing short of spectacular. Whether you’re new to the town or looking for a perfect evening walk, you’ll find plenty of breathtaking spots to watch the day wind down. From ridges overlooking the downtown skyline to peaceful parks, here are the best places to catch a sunset in Calgary. Best Scenic Viewpoints in Calgary for Sunsets If you love the drama of the city skyline glowing under the evening sky, Calgary’s elevated parks and ridges offer postcard-worthy views. Scotsman’s Hill One of Calgary’s most iconic…
Construction remains ongoing on the Broadway Subway, but the new Great Northern Way-Emily Carr Station is already standing out from the other upcoming stations in terms of transit-oriented development. The new station will be located on the eastern side of Thornton Street just north of Great Northern Way, around which PCI Developments and Low Tide Properties are already planning three towers.On the western side of Thornton Street is 375 E 1st Avenue, a 2.55-acre site also known as “Lot P” that is owned by Vancouver-based real estate developer Onni Group, which beneficially owns the property through Onni Developments (375 GNW)…
Buttonwood Property Management And Rental Services Is Pleased To Offer Two Bedroom Two Bathroom Condo For Rent Located At 388 Richmond Street West, Toronto Ontario M5V 3P1 This Stunning 2 Storey 2 Br 2 Ba Loft Condo For Rent At District Lofts (Richmond And Spadina) Has 11 Foot Ceilings With Lots of Natural Light. Open Concept Living/Dining/Kitchen On The Main Level. Main Level Also Has A Powder Room. Second Level Has 2 Bedrooms. Condo Has Large Windows And Balcony With Beautiful City Views. Unit Comes With 1 Parking And 1 Locker Included. 100 Walk Score. Must see! Dir/Cross St: Richmond/Spadina…
Nothing dampens a Labour Day Monday like missing a train to your holiday activity only to find out that activity is closed on holidays. Oh, and you forgot to go to the LCBO before is closed as well. To avoid this situation, make sure you read up on what’s open and closed this Labour Day, and remember, this is your last chance to wear white for a while, so get out those linen pants. The statutory holiday, which falls on Monday, September 1 this year, will mean the closure of many government and public services for the day. Nonetheless, there…