In November 2024, Ontario's real estate and development sector saw several significant personnel changes. Simon Holmes was appointed Chief Investment Officer at BGO Canada, bringing extensive experience to his new role. Additionally, Michelle Brown began her tenure as Head of BGO Properties, further strengthening the company's leadership team.

Canada's housing market is expected to experience a traditional spring surge in 2025, according to industry experts. This anticipated increase in activity follows a period of stabilization in 2024, during which home prices remained relatively flat. Analysts predict that the combination of lower interest rates and improved buyer confidence will contribute to this upswing.

For many rural Canadians, a private well is the primary source of water. While wells provide an essential resource year-round, they require special attention during the winter months. Cold temperatures, snow, and ice can create challenges that affect water flow, quality, and equipment performance. Proper maintenance is crucial to ensure your water supply remains safe and reliable throughout the winter.

A two-bedroom townhouse condo in Toronto's Roncesvalles neighborhood has been listed for just over $1 million, sparking discussions about its value in today's real estate market. The two-story property boasts 11-foot high ceilings and modern finishes, appealing to potential buyers seeking contemporary living spaces.

House flipping—buying homes to renovate and quickly resell for profit—has long been blamed for driving up housing prices in Canada. However, recent studies suggest that its impact on housing affordability may be less significant than commonly believed.

As winter sets in, the importance of warm water becomes undeniable. Whether it’s for a relaxing shower, washing dishes, or simply keeping your hands warm during the chill, having hot water readily available is essential. However, many homeowners face a common frustration—waiting for the water to heat up. This delay not only wastes time but also results in significant water wastage, which can increase utility bills.

A beautifully restored Edwardian home near Toronto's High Park is on the market for just under $5.3 million. Built in 1917, this historic residence at 277 Indian Road seamlessly blends classic architecture with modern European-inspired upgrades.

Recent government initiatives aimed at reducing the Goods and Services Tax (GST) and introducing various rebates are expected to have unintended consequences for mortgage borrowers. These fiscal measures, designed to provide financial relief to Canadians, may inadvertently lead to increased costs for those with home loans.

Winter road trips can be an unforgettable experience, filled with snowy landscapes and cozy moments by the fire. However, they require thorough preparation to ensure your journey is safe, comfortable, and enjoyable. Whether you’re heading to a ski resort, exploring a snowy national park, or visiting loved ones for the holidays, preparing for cold weather conditions is crucial.

Two major players in Vancouver’s real estate scene, PCI Developments and Low Tide Properties, have officially submitted their plans to redevelop the Safeway site in Kitsilano after acquiring it for $90 million. The proposal, a mix of residential and commercial spaces, aims to revitalize the prime location at West 4th Avenue and Vine Street. With a focus on sustainability and community integration, this development could become a landmark project for the vibrant Kitsilano neighborhood.

Ontario is facing a significant challenge in meeting its ambitious goal of building 1.5 million new homes by 2031. Experts point to high land costs, increased interest rates, rising development fees, and bureaucratic delays as key obstacles hindering progress. These factors have collectively slowed development across the province, raising concerns about the feasibility of the housing target.

Installing energy-efficient windows can be a game-changer for your home, offering significant benefits like lower energy bills and increased comfort. These windows help keep your home warm in winter and cool in summer by reducing the amount of heat that escapes or enters through your windows. This guide will walk you through the basics of selecting and installing energy-efficient windows to help you get started on making your home more energy-efficient.

A significant redevelopment project has been proposed for 221-227 Sterling Road, just south of Bloor Street West in Toronto. Developers First Capital and Firm Capital plan to replace the existing two-storey commercial building with three residential towers of 27, 24, and 21 storeys, respectively. This project aims to introduce 919 new residential units, including 861 condominiums and 58 rental replacement units, to the area.

In October 2024, Canadian new home prices experienced their most significant monthly decline since April 2009, according to Statistics Canada's New Housing Price Index (NHPI). The index fell by 0.4% in October, effectively reversing seven months of gains and returning to levels last seen in March.

Household appliances are essential for our daily lives. From refrigerators keeping food fresh to washing machines cleaning our clothes, these devices help us save time and effort. Over time, however, appliances can show signs of wear and tear. When they stop working as expected, homeowners often face a difficult decision: repair or replace? Making the right choice can save money, reduce frustration, and ensure your home runs smoothly.

Canada's banking regulator, the Office of the Superintendent of Financial Institutions (OSFI), has announced changes to the mortgage stress-test rules, making it easier for borrowers to switch lenders when renewing their mortgages. Previously, borrowers had to prove their income met the Minimum Qualifying Rate (MQR) for a straight switch—moving to a different lender without altering the loan amount or repayment schedule. Effective November 21, this requirement has been eliminated, simplifying the process for homeowners seeking better interest rates.

After a contentious debate in Ontario's legislature, a new proposal has surfaced to simplify office-to-residential conversions. This comes on the heels of the Ford government voting down Bill 39, which aimed to address housing needs by easing zoning rules for such projects. The rejected bill highlighted growing tensions between the provincial government and housing advocates, with critics calling for urgent action to tackle Ontario’s housing crisis.

As concerns about environmental sustainability grow, many people are looking for ways to reduce their carbon footprint in everyday life. One simple yet impactful change involves switching to eco-friendly cleaning products. Conventional cleaning supplies often contain harsh chemicals that can harm the environment and pose health risks to your family and pets. Making your own cleaning products at home is not only cost-effective but also a safer and greener option.

New home sales in the Greater Toronto Area (GTA) saw a sharp decline this October, plunging by 60% year-over-year, according to the Building Industry and Land Development Association (BILD). A total of 765 new homes were sold across the region, a slight improvement from September's 591 but significantly below historical norms. This downturn underscores the persistent challenges facing the real estate market despite a strong demand for housing.

The Bank of Canada has announced a reduction in its key policy rate by 50 basis points, bringing it down to 3.25%. This decision marks the second consecutive half-point cut aimed at stimulating the economy amid weaker-than-expected growth and a softening labor market.

In the recent British Columbia election, the New Democratic Party (NDP) secured another term, prompting varied reactions from the province's real estate developers. Eric Carlson, founder of Anthem Properties, expressed strong opposition, describing Premier David Eby's administration as detrimental to economic freedom and property rights. In a letter that became public before the October 19 vote, Carlson criticized the government's extensive regulations and taxes, suggesting they excessively control individual behaviors.

Toronto Regional Real Estate Board (TRREB) members have rejected a proposed $60 increase in annual membership fees for 2025. The vote, which took place during TRREB’s recent Annual General Meeting, saw members firmly oppose the plan, signaling concerns about affordability and financial priorities within the organization.

Vinyl siding is a popular choice for Canadian homeowners due to its durability, low maintenance, and ability to withstand harsh weather. However, over time, even the toughest vinyl siding can begin to fade, losing its original vibrant color and charm. The once-bright exterior may start to look dull and worn, which can take away from your home’s curb appeal. Many homeowners think that replacing their vinyl siding is the only solution to restore their home’s beauty. Yet, there’s a simpler, more cost-effective way to give your siding a fresh, vibrant look without the expense of a full replacement.

National Housing Day, observed annually on December 13, is an opportunity to reflect on Canada's efforts to address housing challenges. Over the past year, significant initiatives have been introduced to tackle the intertwined issues of affordability, accessibility, and homelessness. These programs, though varied in their scope and success, highlight the ongoing struggle to ensure stable housing for all Canadians.

A noisy air conditioner can quickly become a major nuisance, disrupting your comfort and peace at home. The constant hum, clatter, or rattling sounds from your AC unit are not just annoying—they may also indicate underlying issues that need attention. Addressing these noises is crucial to ensuring your air conditioner runs efficiently and lasts longer, while also maintaining a serene living environment.