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Have you registered for the next REIC Course being offered at BREB?
BREB
A new two-day course brought to you by REIC and BREB.

Date: August 11 & 12, 2014 (Monday & Tuesday)
Location: Brampton Real Estate Board, 60 Gillingham Dr. Brampton, ON, L6Z0E9
Time: 9:00 a.m. – 5:00 p.m.
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Complying with municipal sign by-laws
BREB
Municipal sign by-laws regulate all aspects of real estate signs and are intended to preserve and protect the appearance and safety of communities. Sign by-laws differ from one municipality to the next within the Greater Toronto Area (GTA). For REALTORS®, this means the placement and duration of open house directional signs and for sale/lease signs are governed by municipal sign by-laws.

REALTORS® are responsible to comply with the municipal sign by-laws.

For further additional questions on sign by-laws, please contact the specific municipality.

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Major growth in sight for Toronto-based Teranet
Real Estate News Exchange
Most real estate professionals have had some interaction with Toronto-based Teranet over the course of their career. However, few likely know of the growth trajectory that the online real estate services company has taken in recent years.
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PRODUCT SHOWCASE
  MorCan Financial Inc.

Free Online Mortgage Approvals

For mature, professional mortgage advice contact Joe Taibi

905-850-8100 / 1877-732-2801 / 416-566-0666
 


Concerns over debt and pension plan
Brampton Board of Trade
The Ontario government re-tabled it's budget recently and like the Ontario Chamber of Commerce, we have concerns about the deficit and the introduction of a new pension plan and the impact it will have on business. Click "READ MORE" to view the report of the OCC.
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JLL: Real estate buyers will need to be better operators
Real Estate News Exchange
Real estate investors have been the beneficiaries of a two-decade decline in interest rates but with rates expected to trend upward again, buyers need to be pickier and focus on operations even as the prospects for landlords are improving along with the U.S. and Canadian economies. That is one of the conclusions that can be drawn from Jones Lang LaSalle's recently released report on Canada's debt market Commercial Property Financing Renaissance.
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CIBC: Freedom 58? Half of Canadians doing more to pay down their mortgages
Times Colonist
A new survey says Canadians, on average, expect to be mortgage-free by age 58, one year later than in a similar poll a year ago. But the survey, conducted for CIBC by Angus Reid, found some big discrepancies across the country.
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Greater Toronto REALTORS® report Q2 condo market figures
Marketwired
Toronto Real Estate Board President Paul Etherington announced robust results for the condominium apartment market in the second quarter of 2014. Q2 sales were up by 10.4 per cent compared to the same period in 2013. New listings were up over the same period, but by a lesser 4.4 per cent.
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  FEATURED COMPANIES
Making First Impressions Count

Our newly designed reflective posts have been unleashed into your neighborhood, keep a eye out for them.
MORE
Agents Equity
This unique Internet service lets you receive advance payment of your real estate sales commission before closing for immediate access to the money you've earned. MORE


Poll: Majority of brokers will avoid RateHub
Mortgage Broker News
Mortgage brokers across Canada have spoken and the results are in: the vast majority of industry professionals say they will avoid using RateHub.ca's online services after finding out about the company's plans to establish a brokerage that will directly compete for leads.
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FEATURED ARTICLE
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6 ways to thrive in any real estate market
Yahoo!
We've heard it before and now we're hearing it again: the real-estate bubble is about to burst. At least, things appear to be headed that way, according to a new survey by analytics-software company FICO. It found that 56 per cent of respondents — people directly involved in mortgage lending — expressed concern that "an unsustainable real estate bubble is inflating."

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Sandra Rinomato: How to find a good REALTOR®
CTV News
You are about to embark on one of the largest purchases of your life. Where do you start? Well, the first thing you want to do is hook up with a reputable, professional and licensed REALTOR®. Awesome, so where do you start?

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Canadian housing bears stand their ground as prices keep rising
The Globe and Mail
It's too soon to relax about the Canadian housing market, says Bank of Nova Scotia economist Derek Holt. "I remain of the conviction that one doesn't drop one's guard on housing risks as we push toward higher and higher peaks," he writes in a research note.

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How to protect yourself from the Canadian real estate bubble bust
Metro News
You would think that Canada's housing market was the champagne industry — there's so much talk of bubbles. For the past couple of years it's been bubble this and correction that. Yet the market keeps, well, bubbling up, at an annual rate of 4.4 per cent to the end of May 2014. However, FitchRatings recently stated that Canada's real estate market was 20 per cent overpriced, while the Morningstar rating agency predicted that a 30 per cent correction could happen over the next few years. What can you do to protect yourself?
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Missed last week's issue? See which articles your colleagues read most.

   


Scott McGillivray explains house flipping
Brampton Guardian
Canadian real estate investor/contractor Scott McGillivray judges four teams as they compete to turn around the most profitable home renovation on the new series "Flipping the Block." The series sees the teams using the same budgets to fix up their own units that are exact replicas of each other within a condo complex. They then put the units on the auction block and the winner (the team that sells its condo for the most) keeps the return on investment, plus a $50,000 cash prize.
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Real Estate Outlook

Frank Humada, MultiView, Director of Publishing, 289.695.5422
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Oliver Kirby, MultiView, Content Editor, 289.695.5401   
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