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Mississauga Real Estate Board (MREB) elects 2015 Board of Directors
MREB
Thanks to a great interest in the Mississauga Real Estate Board, 10 Candidates presented their credentials to the Membership at the Board's Annual Election Meeting/Home & Trade Show held at the Mississauga Grand Banquet & Convention Centre, 35 Brunel Road, Mississauga on Wednesday, November 19, 2014.
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Unlock your earings and advancement potentials
MREB
MREB is proud to partner with REIC in offering REIC courses leading to the FRI designation. The courses delve into business best practices, provide context with interesting case studies and impart knowledge and skills students can apply to enhance their productivity.
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Mississauga politics took a roller-coaster ride through 2014
Mississauga.com
Here's a look back at some of the most important stories that happened in Mississauga's political scene in 2014. From Mississauga's long-time mayor Hazel McCallion deciding it was time to step aside to key transit projects being unveiled, and criticized, and noteworthy decisions being made by council, 2014 was certainly an eventful year in Mississauga.
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What's ahead for Mississauga in 2015?
Toronto Star
The new year in Mississauga marks the start of a new era; 2015 will be the first year since 1978 that Hazel McCallion won't be presiding over the municipality she helped transform into the country's sixth largest city. McCallion's departure coincides with a number of potentially controversial decisions now facing city council, which could make 2015 a difficult one for those trying to carry on McCallion's legacy.
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Selecting real estate agent is random for many
Inside Ottawa Valley
Ontario home buyers and sellers could use better tools and resources to help pick the right real estate agent. A recent survey released by Zoocasa and Survey Sampling International (SSI) revealed most (86 per cent) Ontario home buyers and sellers used a real estate agent on their last transaction, but only half (50 per cent) reported being confident that they picked the right one. "Buying or selling a home is one of the most important decisions a person will make in their lifetime, so it is surprising that Ontarians are settling for what's essentially a coin flip when picking a real estate agent," says Carolyn Beatty, general manager for Zoocasa.
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New rules could shift face of Toronto skyline, affordable housing
Metro News
A small change to Ontario's building code could have a big impact on residential growth in Toronto, experts say. New rules allow developers to construct wood-frame buildings up to six storeys. The height restriction had previously been capped at four due to safety concerns. "Certain provinces, particularly B.C., have been pushing the boundaries in terms of getting larger and higher buildings made out of wood, and Ontario is finally catching on," said Paul Stevens, a principal at ZAS Architects in Toronto.
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A visionary's view of home ownership in the GTA
Toronto Star
In the twilight of his 43-year career, architect Attila Burka may be losing his eyesight but he has a clear vision of one of the GTA's biggest housing challenges: The waning dream of owning a house. With skyrocketing land costs shutting buyers out of the market for detached single family homes in Toronto, Burka says all levels of government need to focus on quickly building the efficient network of rapid transit to connecting communities, while also promoting the benefits of "vertical villages" in high-density areas.

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Home prices in GTA surging, as yearly sales approach record
Toronto Star
The average sale price of a home in the GTA climbed 7.4 per cent in November from a year earlier to $577,936 — up 8.4 per cent just since January, according to figures released by the Toronto Real Estate Board. Some 6,519 properties changed hands in November, up just 2.6 per cent from the 6,354 homes that sold in the same month of 2013 as the market headed into its usual holidays slowdown.

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New tax scrutiny for will-bestowed real estate
Toronto Star
The Ontario government is cracking down on estate trustees who do not accurately declare the full value of a deceased person's assets, including real estate. Starting January 1, 2015, estate representatives who receive a court certificate of appointment as estate trustees — commonly referred to as probate — will be required to file an estate information return with the minister of finance. The return will be due within 30 days.

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Ontario moves to make buildings more accessible for disabled
Toronto Sun
Changes coming to the provincial building code will result in the construction of more accessible buildings for people with disabilities in the new year. The Ontario Building Code will require that new or substantially renovated structures include features such as visual fire alarms. Mark Cripps, a spokesperson for Municipal Affairs and Housing Minister Ted McMeekin, said the amendments to the Ontario Building Code follow from the 2005 Accessibility for Ontarians with Disabilities Act (AODA) which set a target date of 2025 for an accessible province.
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This was a record-breaking year for Toronto's condo industry
Toronto Star
This past September, 2014 officially entered the record books as the year with the most new condominium completions. In fact, completions in the first nine months of 2014 surpassed the previous year's record of 16,668 units. By the end of October this year, there were 20,684 new condominiums completed across the GTA in 91 developments. And an additional 18 projects are scheduled to be completed in the next weeks before the end of 2014, bringing the estimated completions total for the year to about 25,000 units.
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    Mississauga Real Estate Board (MREB) elects 2015 Board of Directors (MREB)
Mississauga opens 4 Transitway stations (CBC News)
In Toronto, even a house with a blemish is a hot seller these days (The Globe and Mail)

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Real Estate Update
Frank Humada, Director of Publishing, 289.695.5422
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Joanne Lam, Content Editor, 289.695.5474   
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