Author: homegoal.ca
From skyline to spotlight: The best of the Greater Toronto Area’s (GTA) commercial real estate industry united in celebration on June 19 at the ever-glamorous Ritz-Carlton Toronto. The NAIOP Greater Toronto Chapter’s 23rd Annual Real Estate Excellence (REX) Awards – always a hot-ticket event – was the cause for the powerhouse-filled gala celebration. Presented in partnership with the Mantella Corporation – one of the largest privately held, family-owned real estate and land development companies in Canada (and known for throwing amazing parties) – the REX Awards highlights outstanding achievements in commercial real estate. It celebrates visionary developments that shape the…
Canada’s temporary population boom may be over, but its long-term resident outflow is just beginning. Statistics Canada (Stat Can) data shows emigration—the act of citizens or permanent residents permanently leaving—jumped higher in Q1 2025. Canadians left in the second-highest Q1 volume on record—a trend that’s only gained momentum since the pandemic. Canadian Emigration: It’s Like Capital Flight But With Talent Emigration is when a Canadian or permanent resident leaves the country permanently. Outflows happen, but persistent and rising outflows indicate growing discontent with local conditions—whether it’s economic, political, housing, or brain drain. Ultimately, it signals a country failing to offer…
Canada Mortgage and Housing Corporation (CMHC) saw a major increase in demand for its commercial products in 2024, playing a pivotal role in supporting housing supply despite broader economic challenges. The organization’s multi-unit mortgage loan insurance products remained in high demand throughout the year, backing over 283,000 housing units — a 28.7 per cent increase compared to 2023. Of these 43 per cent, were new constructions, marking a 38 per cent year-over-year rise. A key contributor to this surge was CMHC’s MLI Select product, which continued to attract developers by offering incentives to build more affordable rental housing. The program…
Last week was a particularly eventful one for Vancouver City Council, specifically as it relates to its efforts towards helping housing development projects advance to construction. On Monday, June 16, Mayor Ken Sim and several members of Council attended the grand opening ceremony for 19 On The Greenway, twin six-storey rental buildings at 3619 Arbutus Street — along the Arbutus Greenway — that were recently completed by Vancouver-based real estate developer PCI Developments.”City Council is focused on building more homes, faster, and 19 on the Greenway is a clear example of that progress,” said Mayor Ken Sim. “This project delivers…
Food plays a significant role in every culture, and Canada is no exception. As one of the most multicultural countries in the world, our restaurant scene reflects the diversity and vibrancy of our people. From Vancouver’s Michelin-starred sushi spots to Montreal’s famous stacked smoked meat sandwiches, our heritage is as rich as our dinner tables. Of course, exploring diverse cuisines is a big part of what it means to be Canadian. According to Statistics Canada, the average Canadian household spends $3,351 annually on dining out at restaurants, including takeout and delivery. That adds up to just under $65 a week.…
(Marc Cioffi) When Marc Cioffi was growing up, he couldn’t imagine joining his family in the real estate business, despite his father and cousin’s efforts to lure him into the industry. “I never had much interest in real estate. I always wanted to become a police officer because I wanted to serve my community and make a difference,” says the broker of record of Sutton Group Kings Cross in Vaughan, Ont. “I’ve always had a strong protective drive.” He joined the Toronto Police Service in 1999 and has had a long “very great career in all different aspects of…
Elysium Investments has just gone firm on a prime North York parcel at 41-47 Talara Drive, marking its sixth active development site in under three years — and reinforcing its reputation as one of the GTA’s most forward-moving, future-focused real estate players.The acquisition, located just east of Yonge and Sheppard, sits steps from Bessarion Station — one of the TTC’s most underutilized subway nodes. Elysium sees this as no coincidence, but rather a high-impact opportunity to intensify an area where existing infrastructure is ready for smarter use.“We view Bessarion as an urban canvas,” says Elysium CEO Sayf Hassan, “layering density…
Florida has long been a top destination for homebuyers seeking sunny weather, diverse lifestyles, and no state income tax. While cities like Miami and Orlando have experienced significant increases in home prices, there are still affordable gems scattered across the state. Whether you’re a first-time buyer, retiree, or remote worker, Florida offers a variety of budget-friendly housing options. If you’re searching for the cheapest homes for sale in Florida, this guide highlights 10 affordable properties currently on the market in different regions of Florida, providing a snapshot of what buyers can expect. Florida Home Prices: The Current Landscape As of…
A new 49-storey residential building could be headed for a prime development site just north of the Yonge Street and Highway 401 interchange in North York. The project would deliver 504 new condo units in close proximity to surrounding higher-order transit and other amenities.Plans come from numbered companies 1001081495 Ontario Inc. and 1001081493 Ontario Inc., which filed Official Plan Amendment, Zoning By-law Amendment, and Site Plan Control applications in early May that seek to make a number of changes to the existing policy framework to erect their vision for the site.Located at 36-40 Avondale Road just east of Yonge Street…
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada Is Now Building 2 Homes Per Person Added To The Population Canada’s housing supply shortage may be resolved a lot faster than policymakers anticipate. The country started construction on more than 2 homes per person added to the population in Q1 2025. While housing starts have recently dropped, they haven’t slowed nearly as much as population growth. If the current pace persists, the country’s average household size should drop to the lowest level ever recorded by next year. Despite this, the country’s state-owned mortgage insurer is…