Author: homegoal.ca
It always goes up—until it doesn’t. Once thought invincible, the Toronto condo market is in freefall and about to hit reality. Toronto CMA condo starts plunged further in July, and RBC economists see weak pre-construction sales pushing them even lower. The bank counters the claim that red tape is holding development back, instead attributing the bottleneck to building costs. That’s a cute narrative, but it conveniently ignores that existing condos are also facing weak sales at much lower prices. Toronto New Condo Starts Have Plunged 68% From Peak, Set To Fall Even Lower On Weak Sales Number of units, 12-month…
The Linden Housing Co-Operative in Perth, Ont. is reviving a housing model that once flourished in Canada before being phased out. Steven Welchner, chair of Linden, Lindsay Blair, owner of 2B, and Stephanie Corrin, vice chair of Linden. The non-profit group is building 36 new units and four renovated homes in the town, just southwest of Ottawa, by December 2026, with the mission of having affordability at its core. Lindsay Blair, owner of 2B Developments, who acted as a consultant on the project, said one of the biggest strengths of co-ops is the protection of long-term affordability. “I’m not aware…
Economic volatility and shifting policy landscapes have made the past few years among the most challenging in modern real estate history. However, even as interest rates rise and construction lags, Canada remains firmly in the grip of a housing shortage: purpose‑built rental vacancy rates across major centres linger at historic lows, ensuring persistent demand from renters. According to Paul D’Abruzzo, Investment Property Agent, “For investors, this paradox of uncertainty paired with scarcity creates a unique window: those willing to rethink traditional approaches can uncover high‑upside opportunities that more cautious peers overlook.” Current Market Dynamics Canada’s rental market has eased slightly…
After announcing that it was undergoing a “strategic review” of its operations in February, Dream Residential REIT (TSX: DRR.UN) announced on Thursday morning that it has entered into an agreement to be acquired by an affiliate of Philadelphia-based Morgan Properties, which brings an end to the review.The agreement will see Morgan Properties acquire Dream Residential REIT in an all-cash transaction valued at approximately $354 million USD (roughly $492 million CAD). Unitholders will each receive cash consideration of $10.80 USD per unit, which represents a premium of 60% on the closing price on February 19, 2025, the day before the REIT…
Few experiences match the beauty of waking up to endless lake views and private shoreline access. For those seeking the very best waterfront homes for sale Ontario offers, these nine estates represent the pinnacle of luxury. Think sprawling properties, custom designs, and million-dollar views you won’t find anywhere else. Listed by: RE/MAX Escarpment Realty Inc. Listed by: RE/MAX Escarpment Realty Inc. Listed by: RE/MAX Escarpment Realty Inc. Property Details Location: Oakville, ON 12,066 sqft Specs: 7 beds, 12 baths, 19 parking Set on 1.6 acres with 164 ft. of shoreline, this 7-bedroom, 12-bath Oakville estate offers uncompromising luxury across five…
Every month, Kate Teves, HR consultant, recruiter and founder of The HR Pro, answers Realtors’ questions about anything and everything related to human resources. Have a question for Kate? Send her an email. As an HR consultant, I often get called in when two employees, two managers, or a combination of people are caught in a loop of rolling eyes, passive-aggressive emails, under-the-breath remarks and tense meeting-room silences you could cut with a dull knife. Sometimes the conflict is subtle, little jabs taking place by leaving the other person off important emails or having business meetings when they aren’t around.…
A new 37-storey purpose-built rental tower could join an existing 29-storey apartment building in Toronto’s South Eglinton-Davisville neighbourhood that would provide 400 new rental units within walking distance of higher-order transit.The rental building currently occupying the site is operated by Brookfield Properties and plans were filed by Goldberg Group on behalf of 77 Davisville Nominee Inc. in late July. Plans support a Zoning Bylaw Amendment application to allow for the increased height of the proposed infill development.Located at 77 Davisville Avenue, the nearly two-acre site sits just east of the Yonge Street and Davisville intersection in Midtown. Nearby are a…
The kids are not alright, according to a new report from one of Canada’s Big Six banks. Statistics Canada (Stat Can) data shows the youth unemployment rate saw a sharp uptick in July, and has climbed to the highest level since 2010 (excluding pandemic). BMO notes that rising unemployment is typical in a recession, but joblessness this concentrated in young adults is not. The bank warns this isn’t due to a lack of demand for workers, but an excess supply of labour from the massive study permit boom. Canadian Youth Unemployment Rate Is Soaring Faster Than General Joblessness Canada’s youth…
New data from rental solutions platform SingleKey and credit reporting agency Equifax shows renter pressures are nearing crisis levels, with housing costs consuming nearly 40 per cent of income nationally and well above that threshold in Toronto. SingleKey’s analysis highlights mounting affordability challenges: The national average rent is $2,200 per month. Highest in Vancouver ($3,095) and Toronto ($2,899). Lowest in Montreal ($1,520). Income pressures: Renters nationally spend 37.6 per cent of income on housing, nearing the “crisis” threshold of 40 per cent. Toronto renters already exceed it at 41.1 per cent. Average renter income: $112,450, ranging from $91,779 in Montreal…
While both Regina and Saskatoon are operating in competitive, seller-friendly market conditions, with sales far above historical averages and critically low inventory, there are differences in their individual trends. Saskatoon is seeing higher overall transaction volume with more new listings, but also with tighter supply conditions and higher benchmark prices. Regina, on the other hand, is setting new record-high prices, with strong year-over-year price growth and continued appreciation. Sales Saskatoon recorded 575 sales in June 2025, for its second-highest total on record for the month, compared to 402 sales in Regina. While both markets posted strong year-over-year growth, with 6.7%…