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MREB presents Lunch-N-Learn with BMO
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GeoWarehouse access added to public records
TREB's Public Records platform has been enhanced to provide access to GeoWarehouse®, including property ownership and land registry information. GeoWarehouse® is linked to searches you undertake in Public Records. In addition, you will also be able to independently search GeoWarehouse® using name, address, PIN, Instrument/Plan and Lot & Concession.
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New committee hopes to attract foreign investment in Mississauga
The city of Mississauga has launched a new committee it hopes will help attract foreign investment to Canada's sixth largest city. Mayor Bonnie Crombie was recently at Pearson International Airport, along with city manager Janice Baker, the city's economic development office director Susan Amring and Greater Toronto Airports Authority president and CEO Howard Eng, to announce the Mississauga International Partnership Program.
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Hume: Mississauga, the city that grows its own
After a false start as a 1970s bedroom community, Mississauga may have finally found its civic calling — industrial agriculture. It could well become the bread basket of the GTA. Where once the talk was all about call centres, today it's aquaponics. As for those branch plants former mayor Hazel McCallion bragged about for years, pretty soon they could all be medical marijuana farms, grow-ops by any other name.
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Micallef: Even gas stations in Mississauga have historic value
Toronto Star
Can gas stations be historic? Mississauga thinks so. With a canopy that soars with space age wings, the Canadian Tire gas bar on Southdown Rd. by the Clarkson GO Station in southwest Mississauga was designated a heritage structure in 2011 by the City and restored to its near-original 1968 glory after it had fallen into some disrepair. Designed at the apex of modern car culture, before gridlock and the fuel shortages of the 1970s drained most of the romance out of owning a car, it's a whimsical take on an everyday place that is usually anything but beautiful.
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No decision on cheap transit fare for Mississauga seniors
Bramtpon Guardian
Mississauga seniors hoping to learn if they would be able to ride transit buses for just $1 will have to wait as City of Mississauga councillors chose to pass on making a decision. Ward 5 councillor Carolyn Parrish was set to introduce a motion that, if passed, would have created a one-year pilot project where seniors could ride MiWay transit buses for $1 during non-peak hours. However, when it became clear that her plan wasn’t going to find much support this morning outside of Ward 9 councillor Pat Saito, Parrish agreed to defer it.
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Report: Toronto condo sales falter over winter, but new home sales are healthy
Metro News
As we head into the spring season, real estate's busiest time, Metro looks at what's in store for the Toronto market for highrise and otherwise. One report has GTA condo sales down 25 per cent in January, and the price gap between highrise and single-family homes continues to widen as the city-wide demand for houses outpaces supply. The latest report from RealNet Canada says that new highrise sales in the GTA fell 25 per cent in January. Is this a bad omen for unsold condo inventory? No need to panic: RealNet says the new home sales are healthy, as they're in line with historical averages.
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Broker calls for higher fees to weed out part-timers
Mortgage Broker News
Brokers often complain about the prevalence of part-time brokers and one industry professional has suggested higher fees and emulating the real estate agent model could rectify the problem. "One of my pet peeves has always been inexperienced people and part-timers in the industry; I think fees should be higher to make it more difficult to become a broker," George Christopoulos of The Mortgage Centre told
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Hudson's Bay Co. forms new real estate joint ventures
The Hamilton Spectator
Hudson's Bay Co. is launching separate joint venture partnerships with two major North American real estate companies as it looks to unearth value from its vast collection of stores and scours the market for attractive retail assets. Hudson's Bay Co. chief executive Richard Baker, head of Hudson's Bay, Lord & Taylor and Saks Fifth Avenue, said Wednesday that the new agreements will help shareholders finally recognize the value of properties in the company's portfolio, which he believes are worth $9.2 billion overall.

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GTA realtors release mid-month resale housing figures
Toronto Real Estate Board President Paul Etherington announced that Greater Toronto Area REALTORS® reported a 14.9 per cent increase in the number of sales entered into the TorontoMLS system during the first two weeks of February 2015 compared to the same period in 2014. There was a total of 3,120 home sales during the first 14 days of February 2015.

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Search is on for Mississauga's 2015 Citizen of the Year
Those deserving of awards are often the type of people who don't seek fame or attention for the work they do to better the community. However, it doesn't mean they shouldn't be recognized. Right now, the search is on for the 2015 Mississauga Citizen of the Year and nominations are being accepted to honour an individual who has worked tirelessly over the years to make their city a better place.

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Loblaws expansion, renovations could squeeze 'premium' Whole Foods market share
CBC News
Loblaws is sprucing up, Target is bowing out, Sobeys is eyeing Ontario, and the era of the "conventional" grocer is coming back shinier than ever, according to retail analysts. After what CIBC World Markets researcher Perry Caicco described as "a period of neglect," the big national supermarkets — Loblaws, Empire and Metro — are shifting spending away from their discount chains towards propping up existing mid-market spaces.
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In Toronto, home buyers find price counts — but speed counts more
The Globe and Mail
As fast-paced as Toronto's real estate market has been for years, it always seems to find a new gear. Even buyers in the echelons well above the average price of $1,040,018 — the new milestone achieved in February — feel pressured to move with blistering speed.
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Missed last week's issue? See which articles your colleagues read most.

    Seller Representative Specialist (SRS) Designation (MREB)
Realtors scrambling after threats by board to cut access to MLS (Toronto Star)
If real estate agent related to buyer or seller, full disclosure is critical (Toronto Star)

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Real Estate Update
Frank Humada, Director of Publishing, 289.695.5422
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