Author: homegoal.ca
In their latest real estate endeavour, Toronto-based Lifetime Developments has filed plans for a 25- and 35-storey mixed-use complex in South Riverdale that would deliver over 600 condo units and 14,208 sq. ft of retail space.Plans were filed in late June and comprise an Official Plan Amendment application seeking to re-designate the currently General Employment Areas-designated site to Mixed Use Areas, with a future Zoning By-law Amendment application required to allow for the proposed built form. Currently, the 42,108-sq. -ft site is occupied by a three-storey building containing a mix of retail, office, and commercial uses, as well as a…
Canada’s slow real estate market is finally beginning to impact condo apartment prices. CREA data shows its condo apartment house price index (HPI) fell in June. Despite weak demand and rising inventory, prices have outperformed—falling less than the general market. That appears to be changing as price drops get larger, and the rut turns into outright project cancellations. Canadian Condo Prices Fell To A 4 Year Low Condo apartment prices: The seasonally adjusted Canadian condo apartment HPI. In Canadian dollars. Source: CREA; Better Dwelling. Canadian condo apartment prices are starting to crack under pressure. The price of a typical condo…
Over the past decade, shifts in lifestyle, culture, and even the economy have transformed home design in many ways. From the rise of remote work to the influence of design influencers on social media, home decor trends have reflected our evolving priorities. Here is an overview of the past defining interior trends of the last decade. Some still hold strong in today’s modern home design scene, while others are fading away. Scandinavian Minimalism Scandinavian minimalism emphasized clean lines, white walls, natural woods, and functional furniture. Inspired by the Nordic ethos of simplicity and calm, it rose alongside the minimalism movement…
In May 2025, just 42 new condominium apartments were sold in the City of Toronto. That’s a 69 per cent drop year-over-year, and a staggering 97 per cent below May 2021. Across the entire GTA, only 345 new homes sold: 208 single-family and 137 condos. According to Altus Group, this ongoing sales collapse threatens to stall Toronto’s housing pipeline and wipe out over 40,000 construction-related jobs if conditions don’t improve. Released in late June by Altus Group and BILD, the May figures represent the most current full-month snapshot of new home sales (and one of the most seasonally significant periods…
With more than a year in operation on the books, Toronto’s new Development Review division has hit milestones worth noting. According to a report that went to the City’s Executive Council on Wednesday, the new division has successfully improved internal structures, aligned processes, and enhanced interdivisional coordination. “This has helped reduce delays and ensure that as development increases in scale and complexity, it is matched by timely delivery of infrastructure and services that reflect complete communities principles,” it says.In more specific terms, the division has sped up review timelines for Official Plan Amendment, Zoning By-law Amendment, and Site Plan Control…
Canada isn’t just seeing citizens flee in record volumes, capital is fleeing too. Statistics Canada (Stat Can) data shows a net outflow of $16.2 billion from securities in May, marking a fourth month of capital flight. Despite the TSX’s stellar recent performance, investors are reducing exposure and sending more capital abroad. Canada Saw $16 Billion of Capital Flee, $84 Billion Over 4 Months Canadian international transactions in securities. Source: Statistics Canada. As mentioned above, the net outflow of capital from Canadian securities hit $16.2 billion in May, meaning that much more left than arrived. It was the fourth consecutive month…
Canada’s housing market is on the mend, but not in lockstep. Home resales are climbing nationwide, yet price trends continue to split along regional lines. National resales rose for the third consecutive month in June. However, overall, prices remained lower, with national declines largely driven by weaker conditions in Ontario and British Columbia, according to Robert Hogue, assistant chief economist at RBC. Hogue says regional differences in market performance have become more pronounced. Markets in the Prairies, Quebec and Atlantic Canada are experiencing tighter supply and demand conditions, while several areas in Ontario and B.C. are facing elevated inventory, affordability…
The City of Vancouver is set to take another step towards the “transformation” of its development approvals process, as it begins to introduce standardized zoning district schedules for residential buildings that will have defined sets of built form typologies, reducing the need for site-specific rezonings that can add a significant amount of time to development timelines.Under current rules, developers often need to apply for rezoning — even when their proposed use aligns with existing City policies, such as a local area plan. In most cases, applicants seek to rezone their site to a CD-1 (Comprehensive Development) zone, a zoning that…
Canadian housing starts are soaring—even as demand crashes, especially in major markets. CMHC data shows new home starts climbed in June, hitting one of the highest levels in years. That may seem like a shift in market confidence, but BMO is warning it’s anything but. Developers are pivoting into rentals as homebuyers retreat, with a massive pipeline of projects setting the stage for another wave of price corrections. Canadian Housing Starts Soar As Demand Implodes Canadian housing starts hit a seasonally adjusted annual rate (SAAR) of 283,700 units in June, rising 0.4% from a month before and now sitting at…
While most people have dreams of buying a suburban single-family home, some are on the hunt for something truly unique. If the latter sounds like you, we’ve uncovered some of the most interesting homes we could find currently for sale across Canada, ranging from dome homes to houseboats to forest castles. So if you’re looking for something a little unconventional that will leave your guests in awe, look no further. Note: This article was originally published on June 28, 2023 and updated on July 18, 2025. Listed by: Signature Elite Realty Ltd. Listed by: Signature Elite Realty Ltd. Listed by:…