Author: homegoal.ca
In a series of announcements in late January, the Canadian Mortgage and Housing Corporation (CMHC) announced various critical funding and initiatives targeting the housing crisis across Ontario. These investments, which span several programs under the National Housing Strategy (NHS), prioritize the construction and repair of affordable homes for diverse communities, including those in urgent need. With a combined total investment of over $2.23 billion, the initiatives are set to address pressing housing challenges through innovative programs and collaborative agreements with municipalities and housing providers. National Housing Strategy (NHS) Grant: $2.1 Billion to Build and Repair 22,417 Homes On January 26,…
[Editor’s Note: This article was updated on February 5 to note that the proposal no longer includes a shared podium as described in the City report.]Just under two years after making the high-profile acquisition, Vancouver-based real estate developer Keltic Development has unveiled its redevelopment plans for the REVS Bowling site in Burnaby. The 4.3-acre site is located at 5502 Lougheed Highway, steps away from the Millennium Line SkyTrain’s Holdom Station in the Brentwood neighbourhood and directly east of Boffo Development’s Bassano master-planned community. The site has been home to REVS Bowling (formerly known as Brentwood Lanes) since the early 1960s…
Greater Toronto real estate prices are back, and it appears it’s being driven entirely by exuberance. TRREB data shows that home sales fell in January, while inventory surged. The demand balance showed some of the weakest sales on record, traditionally applying downward pressure on prices. However, the optimism over mortgage rules changing gave a handful of buyers the confidence to pay more as inventory rose a whopping 70%. Seriously. Toronto Real Estate Kicks Off 2025 With Higher Prices The benchmark price of a typical home across Greater Toronto. Source: CREA; TRREB; Better Dwelling. Greater Toronto real estate prices advanced last…
Moving to a new home can be a stressful experience, especially for young children. The thought of leaving behind friends, familiar places, and their comfort zone can be overwhelming. Thankfully, there are books designed to help children understand and cope with the transition. These books are more than just stories—they provide comfort, and reassurance, and help ease the anxiety that comes with change. Below, we’ve listed some of the best children’s books about moving, rated by Goodreads, featuring fun, heartwarming tales that will make the process just a little bit easier. This classic book from the beloved Berenstain Bears series…
New Release of Detached Homes and Townhomes in Milton’s Hawthorne East Village This Saturday! Milton, ON (February 5, 2025) – Get ready house hunters! Mattamy Homes is releasing a new selection of single and double car garage detached homes in their popular Hawthorne East Village community this Saturday, February 8th. The release will also include a limited number of freehold 2-storey townhomes. Buyers eager to snag a piece of this desirable community will need to be at the Mattamy Homes Central Sales Centre at 6578 Ninth Line in Mississauga bright and early at 11am. What’s Up for Grabs? This release…
Wildfires are big news. Last July in Jasper, the country watched in horror as a wildfire consumed one-third of the town’s structures, forced the evacuation of 25,000 residents, and resulted in the death of one firefighter and insurance claims of $880-million. Now we’re watching again as fires consume huge swaths of land in Los Angeles. The final numbers from this disaster are still being counted, but as of Jan. 17, 27 are confirmed dead, 200,000 were forced to evacuate and some 12,400 structures were destroyed or damaged. At this point, there are only vague estimates of monetary damage. The…
Many people are interested in real estate investing, but face financial challenges breaking into it. One solution is investigating opportunities in smaller municipalities. Smaller markets provide unique opportunities to start building a portfolio. With lower barriers to entry, strong demand in niche areas, and the potential for future appreciation, smaller markets can be excellent entry points. However, to navigate these markets successfully, it is essential to conduct thorough research and develop strategies tailored to their unique dynamics. Affordable Entry Points Smaller Canadian markets often feature significantly lower property prices than metropolitan areas, making them ideal for entry-level investors. These markets…
With rates on the decline since June and markets rising from their slumbers towards the end of last year, the Ottawa CMA is emerging as one of the stand-out locales for home sales, specifically with respect to smaller (and more affordable) townhome units.Real estate analytics firm Zonda Urban reported on Tuesday that multi-family unit sales in Canada’ capital grew by 75% between 2023 and 2024, to 2,079 sales — an increase overwhelmingly driven by new townhome sales. Of the 2,079 multi-family units sold, 1,997 of them were new townhomes, representing a 72% year-over-year increase for that home type. Additionally, around…
A studio apartment can be the perfect starting point in the housing market—cozy, affordable, and an exciting way to begin your homeownership journey. Whether you’re in a bustling city or a quieter neighborhood, the amount of space you get can vary significantly. Studio apartments in larger cities tend to be more compact than others. Living in a cozy studio can sometimes feel like playing a game of Tetris as you try to fit everything you need and love into a smaller space, all while keeping things functional and stylish. But don’t worry—you can transform your apartment into a comfortable, stylish…
Jay Leno (centre) with winning bidders at the Fairmont Banff Springs on Jan. 25, 2025 (Alberta Real Estate Association) Jay Leno knows how to work a crowd, but this time, it wasn’t just with punchlines. The retired Tonight Show host had a room full of Realtors laughing one minute and reaching for their wallets the next, pulling off a surprise auction no one was expecting. By the time the impromptu bidding war was over, Leno had helped raise more than $150,000 for the Children’s Hospital Aid Society (CHAS), a Calgary-based non-profit supporting children’s charities—far exceeding the original fundraising goal.…