Author: homegoal.ca

Canada’s blowout job report in June looks like a headfake after last month’s erosion. Statistics Canada (Stat Can) data shows a sharp decline in jobs for July, partially rolling back most gains made the month before. The details were even worse—the labour force contracted, while long-term and youth unemployment reached levels not seen in decades. Canada Lost 41,000 Jobs Last Month, Most Were Full-Time Roles The Canadian labour market shed tens of thousands of jobs last month. Employment fell 0.2% (-41,000 jobs) in July, concentrated in the loss of full-time roles (-51,000 jobs). The sharp drop partially offset the blowout…

If you’re a Canadian homeowner looking to expand your living space, finishing your basement might be one of the smartest investments you can make in 2025. Basements offer flexible potential, especially for those preparing to sell or hoping to boost their home’s value. But like most renovation projects this year, the cost of finishing a basement has shifted. Rising material prices, labour shortages, and inflation have all made budgeting more complex. So, what can you actually expect to pay in 2025, and is it worth it? Let’s break it down.  Average Cost of Finishing a Basement in Canada As of…

As Hamilton continues its transformation into a forward-facing city, The Design District Condos development emerges as a defining new presence, both architecturally and culturally. Developed by EMBLEM, one of Canada’s fastest-growing real estate firms, this bold three-tower condominium community will reshape Hamilton’s skyline and represents a new standard of design, luxury, and lifestyle in Southern Ontario. Hamilton’s Growth and Opportunity Hamilton is undergoing a large-scale transformation, marked by billions in public and private investment and a growing shift toward higher-density, design-conscious urban development. Projects like the $500 million Entertainment Hub revitalization, the $400 million Bell digital infrastructure upgrade, and the…

Nearly two years after the project first became subject to foreclosure proceedings, the Davie & Nicola project in the West End of Vancouver has been sold to a new developer, according to filings in the Supreme Court of British Columbia obtained by STOREYS.The Davie & Nicola project was being developed by Align Properties — known as Vivagrand Developments before later rebranding — and was set for 1485 Davie Street, about three blocks away from English Bay Beach and Sunset Beach. For the site, Align Properties was planning a 21-storey tower with 128 strata units and 51 social housing units. The…

Yukon’s residential real estate market surged to unprecedented levels in June 2025, setting a new monthly sales record and pushing the year-to-date figures to their highest on record. A 33.3% increase over June 2024 was seen. These figures were not just seasonally strong but exceeded both the five-year and ten-year June averages by 28.3% and 30.5%, respectively. Sales The number of homes sold in the first six months of 2025 rose 17.4% from the same period last year, according to the Yukon Real Estate Association. It marks a record-setting first half of the year for sales volume in Yukon, driven…

The City of Vancouver has received a new rezoning application for a site near City Hall, according to an application published by the City on Thursday.The subject site of the proposal is 365 and 395 W Broadway, at the northeast corner of the intersection with Yukon Street. The site is located one block east of the Canada Line SkyTrain’s Broadway-City Hall Station and Vancouver City Hall.The two properties are each currently occupied by low-rise commercial buildings constructed in 1926 and 1955, respectively. BC Assessment values the properties at $3,807,700 and $5,970,000, for a total of $9,777,700 that is dated to…

Canadian consumers have become world-renowned for their ability to juggle astronomical amounts of debt. Those days are coming to an end, as insolvencies ripped higher in June, according to the Office of the Superintendent of Bankruptcy (OSB). It was the highest volume for the month since 2010, but the quantity isn’t the only issue—the type of debt intervention is becoming more serious.   Insolvencies, Consumer Proposals, and Bankruptcy Insolvencies are a formal process a consumer seeks for relief from their debts. There are two types of insolvencies—consumer proposals and bankruptcies—depending on the severity of the debt problem. Both filing types require…

If you’ve been watching the market for waterfront cottages for sale near Ottawa, now’s the time to take a second look. Several listings have experienced significant price drops, presenting rare opportunities for savvy buyers and investors alike. Here are 5 discounted properties that might just be worth the drive. Listed by: RE/MAX ABSOLUTE REALTY INC. Listed by: RE/MAX ABSOLUTE REALTY INC. Listed by: RE/MAX ABSOLUTE REALTY INC. Property Details Location: White Lake, ON Specs: 3 beds, 2 baths Distance from Ottawa, ON: 88 km This private waterfront retreat on 3 Mile Bay offers year-round fun, stunning sunsets, and 180 feet of…

The Mississauga housing market in June 2025 continued to exhibit the characteristics of a buyer’s market, with declining sales, softening prices, and rapidly growing inventory. The month did show some improvements in sales over the previous month, but the overall trend remains one of sluggish activity and increasing supply. Sales Through the MLS® System in Mississauga in June 2025, there was a 4.3% decline in sales from June 2024. This marks one of the weakest Junes on record, with sales 22.3% below the five-year average and 34.2% below the ten-year average for the month. Despite this, the month-over-month trajectory showed…

On Wednesday, Hamilton City Council adopted a motion to decrease development charges (DCs) on all residential and non-residential development by 20% starting from September 1, 2025, to August 31, 2027. The two-year pilot program is intended to boost housing supply and bring down home prices for Hamiltonians, but those in the development industry say the discount isn’t enough.DCs are taxes that builders pay to a city in order to help fund increased infrastructure needs that may be required as a result of growth, including services like roads, transit, water, and sewer systems. But over the last 15 years, DCs in…