GST Relief for First-Time Home Buyers Featured Image

On May 27, 2025, the Government of Canada announced a major update to its housing affordability strategy—first-time home buyers can now receive full GST relief on newly constructed homes priced up to $1.5 million. This is a substantial increase from the previous threshold of $450,000 and comes at a time when affordability remains a significant concern across the country.

If you're entering the housing market for the first time, this new measure could make a meaningful difference in your buying power. Let’s break down what this means, how it works, and why the Terry Paranych Real Estate Group is here to help you navigate the market with confidence.

What Is the GST Relief Program?

The Goods and Services Tax (GST) is a 5% federal tax applied to…

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Edmonton Community Spotlight: Albany in Northwest Edmonton Featured Image

Albany is a newer residential neighbourhood located in the vibrant Palisades area of Northwest Edmonton. Known for its stylish homes, excellent shopping access, and beautiful green spaces, Albany offers modern suburban living with a touch of tranquility. Developed in the late 2000s and 2010s, this community is ideal for professionals, families, and retirees looking for a fresh start in a well-connected yet peaceful part of the city.

Real Estate and Homes For Sale in Albany

Albany features a diverse mix of contemporary housing, designed to meet the needs of today’s homeowners. The neighbourhood is characterized by quiet streets, landscaped yards, and homes that reflect modern design trends.

  • Single-Family Homes: Many of Albany’s detached…

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