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Author: homegoal.ca
designed by freepik Buying or selling a home in Canada is a big decision. Whether it’s your first time or you’ve done it before, it’s important to understand the legal rules. These rules are there to protect both buyers and sellers, making sure everything goes as planned. Let’s go over the main real estate laws in Canada you need to know. Key Real Estate Regulations in Canada Every Buyer Should Know If you’re planning to buy a home in Canada, there are a few legal requirements for property transactions in Canada that you should be aware of. Here are the…
I experienced something recently that made me rethink the future of our industry. I used an AI agent app to book a haircut, and while that might seem completely unrelated to selling homes, stay with me—because this technology is about to reshape how real estate agents work. Before we dive into the implications for Realtors, let’s break down what an AI agent actually is, because this is crucial to understanding the coming change in our industry. Siri “on steroids” An AI agent is essentially a digital assistant that can take real actions on your behalf—not just answer questions…
A 26-storey, mixed-use residential development has been proposed within a few hundred metres of both the Glencairn and Lawrence West subway stations that would deliver 329 dwelling units and a new public park. Plans were submitted by Vaughan-based developer Trinity Point Developments in early January and are currently under review. If approved, the development would replace six single-family homes at 726-736 Marlee Avenue — a residence type that currently the defines the area. As a part of their application, Trinity Point Developments is looking for an amendment of Official Plan and secure Zoning By-Law Amendment to permit the 26-storey building…
designed by freepik Are you planning to buy or sell property in Canada? It’s an exciting step, but there’s more to it than just choosing the right home or buyer. Knowing the legal requirements for property transactions in Canada is important. It helps you avoid mistakes and ensures everything goes smoothly. Don’t let complicated legal terms confuse you. You’ll learn the key legal requirements and important documents, and how to make your transaction easy and successful. Legal Requirements for Buying Property in Canada Are you looking for the legal requirements for buying property in Canada? When buying property in Canada,…
Royal LePage Blog | Canadian Real Estate News | Bank of Canada drops overnight lending rate to 3.25% in final announcement of 2024 – Royal LePage Blog
This marks the second consecutive 50-basis-point cut to the overnight rate this year In its last announcement of the year, the Bank of Canada made another supersized cut to its key lending rate. In its scheduled December 2024 release, the central bank announced that it had lowered the target for the overnight lending rate by 50 basis points to reach 3.25%. This marks the fifth consecutive cut to rates in 2024, and the second consecutive 50-basis-point cut. In October, Canada’s Consumer Price Index (CPI) increased 2.0% on a year-over-year basis, up from a 1.6% increase in September. Despite this increase,…
After being placed under receivership, the remaining units at the Highline Metrotown tower developed by Burnaby-based real estate developer Thind Properties are now set to undergo a court-ordered sales process, according to filings in the Supreme Court. Highline Metrotown sits at 6511 Sussex Avenue in Burnaby, directly adjacent to Metrotown Station and across the street from the Metropolis at Metrotown shopping centre. The 48-storey mixed-use tower was completed by Thind Properties in late-2023 and consists of 332 strata units. As first reported by STOREYS, the remaining units were placed under receivership in December alongside the Minoru Square project in Richmond…
designed by freepik Thinking of buying a property in Canada? Before you sign the papers, there’s one crucial step you shouldn’t skip: a property survey Canada. This simple process helps you know exactly what you’re buying—like property lines, legal details, and any possible problems. Imagine discovering later that part of your backyard isn’t yours. A property survey helps you avoid surprises and keeps your investment safe. Let’s explore why this step is important and how it makes your purchase worry-free. Why Get a Property Survey Before Buying Real Estate? A real estate survey before buying is like a map that…
Canadian housing market maintains growth in November as sales and prices continue to rise
Canada’s housing market continued its upward trend in November 2024, as it recorded gains in both sales activity and prices, according to the latest report from the Canadian Real Estate Association (CREA). This marks the sixth consecutive month of sales growth, further solidifying the market’s recovery since mid-year when the first cut to the overnight lending rate was made. Key urban centers such as the Greater Toronto Area, Greater Vancouver, Calgary, and Montreal all saw increased activity, with notable gains also recorded in several smaller cities across Alberta and Ontario. Sales growth persists Home sales in November 2024 increased by…
An ambitious four-tower condo development, 23 storeys each, has been proposed by Fana Group of Companies that would deliver over 1,000 residential units to the Etobicoke West Mall neighbourhood. Plans were submitted in late-December and are currently under review. If approved, the development would replace four office buildings ranging from 2 to 12 storeys and surface level parking. Once complete, the development would sit at 10-21 Four Seasons Place directly northeast of the Highway 427 and Burnhamthorpe Road interchange in Etobicoke. The area is home to a number of low- and mid-rise mixed-use and institutional buildings, but several nearby high-rise…
designed by freepik In today’s competitive real estate market, digital marketing is a game changer for agents looking to stand out. Digital marketing for real estate agents in Canada isn’t just about having a website; It’s about building a strong online presence that attracts potential buyers and sellers. With the right tools and systems in place, digital marketing can help grow your business, generate more leads, and establish your brand. Let’s explore how digital marketing for real estate agents in Canada can transform your business and help it succeed Why is Digital Marketing Important for Real Estate Agents in Canada?…