Author: homegoal.ca
This article was written and submitted by Wendy Waters, VP of Research Services & Strategy at GWL Realty Advisors.Numerous employers — especially Canada’s big banks — have announced workplace policies to have their employees in the office four or five days per week. For many, it will be the first time for full attendance most days since COVID-19 sent everyone home in March 2020.Some are facing a space availability shock. Employers do not have enough office space to accommodate a return to office policy. Over the past five years office-oriented employment has expanded by 695,000 jobs or 25% in Canada.…
Few waterfront properties manage to balance architectural elegance with the rugged beauty of British Columbia’s coastline quite like 6154 Gleneagles Drive.Built by the highly regarded Goldwood Homes, this French château-inspired estate offers an opulent-yet-inviting retreat in West Vancouver — one that captures the best of coastal living without compromising on fine design.Tucked alongside a private park and sandy shoreline, the home’s setting is the stuff of West Coast daydreams. Beyond its commanding stone façade, an airy open-plan layout connects bright and refined living spaces, anchored by a grand foyer that immediately establishes the home’s scale and presence.From here, the flow…
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Mortgage Originations Rise 27%, Second Biggest Month On RecordCanadian mortgage originations hit $40.7 billion in June, up 27.5% from last year—making it the second-biggest month on record. That kind of surge would normally signal renewed housing demand, but not this time. Home sales remain weak, but a flood of pre-construction deals from the 2020-2022 investor boom are now closing, and those without cash need financing. The spike isn’t about a buyer revival, it’s a delayed bill for the last frenzy. Continue Reading… Canada’s Youth Jobless Rate…
From lakefront living to quiet suburban streets, houses for sale in Sudbury come with plenty of variety. Surrounded by nature but still offering city conveniences, Sudbury has become a top choice for buyers across Ontario. Here’s what’s available now. Listed by: RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY) Listed by: RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY) Listed by: RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY) Property Details Detached 7,900 sqft Specs: 6 beds, 5 baths With six bedrooms, soaring ceilings, a theatre room, and a gourmet kitchen, this home was designed for both comfort and entertaining. Nearly two acres…
While the saga of Coromandel Properties’ insolvency continues to play out, its former partners are moving onwards and upwards. Literally. In March 2022, Nicola Wealth Real Estate — the real estate division of Vancouver-based investment management firm Nicola Wealth — announced a partnership with Coromandel Properties on two projects in Vancouver, both located along W 41st Avenue near the intersection with Cambie Street and the Canada Line SkyTrain’s Oakridge-41st Avenue Station.Less than a year later, in February 2023, Coromandel Properties filed for creditor protection while carrying over $700 million of debt and one of the first pieces of business that…
Canadian home prices were flat in July as single-family properties began showing signs of weakness, joining the broader housing market slowdown, according to the latest RPS-Wahi House Price Index. The index released Monday by Wahi, a Canadian real estate platform, and Real Property Solutions, a property valuation service provider, showed the condo slump in Toronto and Vancouver is getting worse, and a softening in the single-family segment is emerging. “Since the Canadian housing market began falling from its peak in 2022, prices for single-family homes have generally held up better than for condos,” said RPS-Wahi economist Ryan McLaughlin. “While this…
While Primaris REIT, Morguard, and several other of Canada’s largest mall owners are trying to fend off a forced takeover of their Hudson’s Bay spaces, RioCan REIT (TSX: REI.UN) is occupied with separating themselves from their joint venture with Hudson’s Bay and a picture of what that separation will look like is now coming into view. The joint venture between RioCan and Hudson’s Bay was formed in 2015 with each partner contributing some of their real estate assets. Hudson’s Bay contributed 10 properties — five it owned via freehold (inclusive of the land) and five it owned via leasehold (not…
When most people think of Canada, they imagine long, snowy winters, but that reality isn’t completely accurate. Some regions offer surprisingly mild winters and warm, sunny summers. According to Canadim, Victoria, British Columbia, stands out as the warmest city in Canada—a coastal gem that enjoys some of the most comfortable weather in the country. Let’s explore why British Columbia has such a unique climate, which cities enjoy the best weather in Canada, and where you’ll find the hottest summer destinations. The Warmest Province in Canada: British Columbia British Columbia stands out as the warmest province in Canada thanks to its…
Canada’s housing market continued to show resilience in July, as new construction activity picked up across the country. Canada Mortgage and Housing Corp. (CMHC) reported that the annual pace of housing starts rose four per cent compared with June, reaching a seasonally adjusted annual rate of 294,085 units, up from 283,523. Urban centres with populations of 10,000 or more accounted for an annual rate of 273,618 units, an increase of five per cent from June’s 261,171. Rural housing starts were estimated at 20,467 units. On an actual basis, housing starts in July for larger centres totaled 23,464 units, up four…
It’s no secret that the Greater Toronto Hamilton Area (GTHA) condo market has seen better days, especially after the red-hot prices of the pre-2022 period. It’s characterized by an abundance of supply, decreased demand, lower prices, and a virtual halt in new project launches. New condo sales in the GTHA in Q2 2025 were down 69% year-over-year and a remarkable 91% below the 10-year average.Rapid interest rate hikes, though softened now, made mortgages more expensive, a slew of completed projects has created a surge in new supply, and higher carrying costs have resulted in a pullback from investors. But all…