Author: homegoal.ca

After a years-long attempt to sell the property, the owners of the office tower at 2 Queen Street East in downtown Toronto have found a buyer — from within.Previously, 2 Queen Street East — also known as the Maritime Life Building — was jointly owned by the Canada Pension Plan Investment Board (CPP Investments), the Alberta Investment Management Corporation (AIMCo), and Brookfield Properties, with CPP Investments holding a 50% stake and AIMCo and Brookfield each holding a 25% stake, according to the Globe & Mail. The property was listed for sale in 2022 by RBC Capital Markets Real Estate Group…

designed by freepik Canada is a country that welcomes immigrants, and this has a big effect on the housing market. As more people move to cities like Toronto, Vancouver, and Montreal, the need for homes is rising.  In 2024, Canada welcomed over 500,000 new immigrants, the highest number in recent years. Canada plans to keep bringing in 500,000 immigrants each year for the next few years.  Most immigrants move to big cities where there are more jobs and services. As more people arrive, the need for homes to rent or buy keeps growing. Popular Cities for Immigrants The top cities…

Wallpaper has made a serious comeback in recent years. From bold murals to delicate prints, the options are endless and the results can be breathtaking. But before you start envisioning a papered powder room, it’s important to be prepared.  Here’s everything you need to know as a beginner, so your wallpapering project is as seamless as it is stylish. It’s not like the ‘old days’ If you’ve ever heard your parents (or grandparents) tell stories about their struggles with stubborn wallpaper paste, you’ll be relieved to know that things have changed for the better! Modern wallpapers often come in peel-and-stick…

On the shores of Muskoka’s Lake of Bays, the cottage of your dreams awaits.Perched amongst the trees at the tip of Elizabeth Point, 1902 Fox Point Road on Lake of Bays offers a private and serene getaway for family and friends to enjoy. What’s more, 1902A, located directly beside and listed at $2,395,000.00, boasts 390-ft frontage available for a new build on the lot. Custom built in 2006, the cottage at 1902 Fox Point Road embodies the essence of cottage country with its Hemlock floors, soaring stone fireplace, and those unmatched sunset views, visible from the comfort of the South…

designed by freepik Canada’s housing market is feeling the pressure as high interest rates continue. Home prices across the country remain stagnant, despite high demand in major cities. Many buyers are struggling to afford homes, and sellers are holding off on listing. The Bank of Canada has kept interest rates high to control inflation. This has led to higher mortgage rates, making it more expensive for people to buy homes. With mortgages costing more, many potential buyers are holding back. Home Prices Remain Stagnant Across Canada In November 2024, the average home price in Canada was $694,411, up 7.4% from…

Although the RE/MAX 2025 Canadian Housing Market Outlook anticipates that 44 per cent of regions will shift to a sellers’ market, another 33 per cent will move into a balanced one. A hefty 17 per cent of locales are predicted to enter into a buyers’ market, while six per cent will likely experience mixed market conditions. The estimated breakdown by area is as follows: Sellers’ Market: 44 per cent (Victoria, BC, Greater Vancouver Area, BC; Edmonton, AB; Regina, SK; Sudbury, ON; North Bay, ON; Simcoe County, ON, York Region, ON, Windsor, ON, Thunder Bay, ON, Kenora, On, Fredericton, NB, Saint John,…

The 2024 Greater Toronto Area housing market was marked by shifting dynamics that gave buyers more negotiating power, according to the latest market report from the Toronto Regional Real Estate Board (TRREB). Annual sales saw a modest increase compared to 2023, while new listings surged significantly year over year. This influx of listings provided buyers with considerable leverage in price negotiations, particularly in the condominium apartment market. As a result, average selling prices in 2024 experienced a slight decline compared to the previous year. “Borrowing costs were top of mind for home buyers in 2024. High interest rates presented significant…

December saw “record-breaking” low sales for new homes in the Greater Toronto Area (GTA), finds the Building Industry and Land Development Association’s (BILD) latest monthly stats report, closing out one of the new home market’s worst years on record with a foreboding thud.“2024 will go down as a historic year, with December’s new home sales hitting their lowest point in nearly 40 years and the whole year producing the lowest annual total since 1990,” said Edward Jegg, Research Manager at Altus Group. “As 2025 begins, new home buyers remain unwilling to re-enter the market despite lower mortgage rates, falling prices,…

designed by freepik The Canadian real estate market has experienced stagnant home prices. This comes despite strong demand in major cities like Toronto, Vancouver, and Montreal. As we progress through 2025, many are wondering why home prices in Canada 2025 aren’t increasing. This is happening even though there’s still strong demand from buyers. Let’s understand the housing market trends in Canada and see what’s going on. Understanding Stagnant Home Prices in Canada Despite market cycles, home prices in Canada  2025 stay stable. This is despite high demand in some of the country’s biggest cities. Why Are Home Prices Stagnant? Interest…

Skip to content Search for listings & agents on remax.ca More to ExploreBest Places to Retire in CanadaJanuary 27, 2025Canada’s Weirdest Homeowner Laws: Fact-CheckedJanuary 25, 2025The ‘Breaking Bad’ House is Up for SaleJanuary 24, 2025How Will the BoC Interest Rate Impact My Mortgage?January 23, 2025Are Canadian Real Estate Prices Overvalued?January 23, 2025RE/MAX Campaign Delivers Same Solid Advice with Exciting New TalentJanuary 22, 202528 RE/MAX® Agents Ranked in the Top 100 in Canada-Based Online ReviewsJanuary 21, 2025Assignment Sales in Ontario – Your Questions AnsweredJanuary 20, 202510 Tips for Getting the Best Mortgage Rate in CanadaJanuary 19, 2025Sign upFor Our Newsletter HiddenNext…