Author: homegoal.ca

For over 65,000 people across British Columbia, manufactured home parks (commonly called mobile home parks or trailer parks) represent one of the last paths to affordable homeownership.  In smaller and more rural communities, these home parks can account for as much as one-tenth of the local housing supply. But, despite their importance in the housing mix, a little-known contractual issue between park managers and lenders has seen this vital housing option caught up in a bureaucratic stalemate that is currently unique to British Columbia.   Lenders in conflict with park managers   At the heart of the problem is a…

Alternative real estate investment firm Harrison Street Asset Management would have been one of the few investors looking to buy seniors housing in 2021, during the maelstrom of the pandemic. At the time, demand was low as operational costs soared, governments opened and closed retirement facilities, and residents became disproportionately vulnerable to contracting COVID-19, driving occupancy rates down. But as Canada emerged from the pandemic, the narrative began to flip. The impending arrival of the nation’s long-anticipated “silver tsunami” amid low supply stemming from a lack of seniors housing development during COVID-19, alongside other tailwinds like rising occupancy and declining…

Remote work may be billed as the future of work, but in Canada it’s in retreat. Statistics Canada (Stat Can) data shows 790,000 fewer remote workers since 2022, while 1.5 million more became daily commuters. Policymakers have driven the shift to prop up big-city downtowns—leaving households to pay the price in both time and money.  Canadian Remote Work In Retreat: 790k Fewer Flexible Workers Canadian workers by usual place of work. In percentage points.  Source: Statistics Canada; Better Dwelling.  Canadian remote work fell sharply—not just as a share, but in terms of actual headcount. Just 17.4% of workers were remote…

Most college students spend their first year living on campus, but the big question comes after: where should they live during the next three years? While renting an off-campus apartment is the traditional choice, in some college towns, buying a condo can actually be the more cost-effective option. For parents with the means to help, buying a condo for your child may set them up for financial success early in life. But you’ll need to weigh the pros and cons of renting versus buying. Fortunately, Zoocasa has already crunched the numbers for you.   Zoocasa compared the cost of renting a…

More than a half of Canadians who own a residential property in the United States say they are planning to sell within the next year With political turmoil heating up in the United States and ongoing tensions between our two nations, a growing number of Canadians are ‘buying local’ and curbing travel to the south. What’s more, those who own residential real estate in the U.S. are rethinking their long-term plans – some already have.  According to a recent Royal LePage survey, conducted by Burson,1 more than half (54%) of Canadians who currently own residential property in the U.S. say…

(Photo left to right: Dominic St-Pierre, Sandra Webb, Phil Soper and Carolyn Cheng).   Royal LePage’s Carolyn Cheng has announced her retirement from the brokerage after nine years as its chief operating officer.  She wrote on social media on Tuesday that her last day will be Nov. 30. “Over the past 25 years, I’ve been incredibly lucky to work with the best executive team in our business – they make me proud of our work, embody the highest of values, and have become part of my extended family,” reads her post. “Together, we have kept Royal LePage in a leadership…

North Oak Tower Condos, the newest phase in the master-planned Oakvillage community by Minto Communities, is set to become a landmark of thoughtful urban design when it reaches completion in January 2028. Located at the strategic intersection of Dundas Street East and Trafalgar Road in Oakville, North Oak offers an innovative blend of contemporary living, environmental responsibility, and community integration that aligns with the evolving expectations of today’s discerning occupants. High-Demand Location Oakville’s reputation as a stable and sought-after city to live in reinforces the potential demand for residences in this development, especially given the limited availability of new, sustainably…

When it comes to high-calibre living in Toronto, Lawrence Park has long held its place among the city’s most coveted neighbourhoods. Nestled on a tree-lined street, 142 Buckingham Avenue presents as a newly completed custom residence that embodies everything the enclave is known for: timeless architecture, intelligent design, and a serene sense of retreat within reach of the city’s best schools, green spaces, and social institutions.The home itself, built by Rock Cliff Homes and designed by MCR Interiors, is a showcase of both craftsmanship and precision. With more than 5,000 sq. ft of finished space across three levels, the five-bedroom,…

More Canadian real estate sellers are pulling listings, as market conditions loosen. Canadian Real Estate Association (CREA) data shows the share of canceled listings climbed in July, continuing an upward trend amid rising inventory. The elevated share of cancellations, combined with higher inventory, has pushed volumes to a record high. A wave of new completions is compounding pressure, making tighter conditions less likely—and sellers more likely to contribute to market capitulation. Canceled Canadian Real Estate Listings Approach Record Share, But The Volume Is Already There Canadian real estate sellers have been canceling their listings at an unusually high rate in…

Canada’s labour market has seen notable shifts over the past two years, with unemployment rates moving higher across several provinces while others have maintained relative stability. Nationally, the unemployment rate reached 6.9% in July 2025, reflecting a continuation of the upward trend observed since early 2024. This increase follows the steady growth in the labour force and uneven job creation across sectors, indicating that the labour market is adjusting to broader economic pressures. Data Source: Edge Realty Analytics Looking at quarterly trends, provinces like Alberta and Ontario have experienced persistent elevations in unemployment. Alberta’s rate rose from 6.3% in Q1…