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This course addresses the core issues that impact fiscal planning, giving you the ability to calculate important financial components and take maximize your property’s financial outlook.
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Community Living Mississauga honours new mayor at tribute dinner
York Region
For more than three decades Mississaugans asked themselves, "Who'll be next?" The long-standing question often referred to who would, and perhaps could, follow Hazel McCallion after the venerable mayor whose name had become almost synonymous with the city was no longer at its helm. This was also the question the selection committee at Community Living Mississauga (CLM) had to ask themselves after the organization honoured the departing mayor for a record-breaking third time last year. The answer in both cases was Mississauga's new mayor, Bonnie Crombie.
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Mississauga's Square One mall getting a multi-million dollar makeover
Metro News
The staid shopping mall in Mississauga is repositioning itself to attract fashionistas, the type of people who know that Kleinberg co-founded The Coveteur and is CEO and designer of her own, eponymous fashion line. When Square One opened 43 years ago, it was surrounded by open fields, said Greg Taylor, who took over as general manager last year.
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Real estate regulator aims to crack down on dubious practices
The Globe and Mail
With friends in the real estate industry, Jonathan James had long heard horror stories about heartbreak of bidding wars. But it hit home when Mr. James, a mobile software developer, found himself in a battle of his own with one other potential buyer for a house in Toronto. What's more, the other offer came through the same agent who was selling the house.
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Buffini & Company
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Do real estate agents really make $1,000 an hour?
Financial Post
Are real estate agents really making a grand an hour? A Toronto real estate firm, which likes to advertise cut-rate commissions, would like you to believe that. The problem may lie in how you calculate the working hours of your local realtor. In a red-hot market like Toronto, where a home might sell in 24 hours and a realtor puts in a few hours of work before pocketing a commission cheque that could be $25,000 on a $1 million home, the numbers might work.
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Harper: No plan to cool hot housing market
Mississauga.com
Prime Minister Stephen Harper says the federal government is keeping a careful watch on borrowing and lending tied to the country's hot housing market. But Harper says Ottawa has no immediate plans to take action to cool it down, like it has in the past. Responding to a question in Mississauga, ON, he said debt-servicing costs are falling and default rates remain extremely low.
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New home builders recognized for excellence in customer service
Exchange Magazine
Tarion Warranty Corporation announced the finalists for the 2015 Tarion Awards of Excellence, the only awards in Ontario that recognize new home builders based solely on their customer service delivery. "New home builders are building beautiful homes and communities across Ontario, but their jobs don't stop there. A great home builder ensures their customers feel supported long after they've settled into their new home," said Tarion President and CEO Howard Bogach.
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Flood of new Toronto home listings expected
The Globe and Mail
House hunters in Toronto despondent about the scant supply of houses on the market will find a sudden surge in listings now that March break is over. "I just listed my neighbour's house for $1.6 million," Wilfred Veinot of Sutton City Realty Inc. said between appointments. Sellers who list in January and February won’t attract as many families because a closing date three or four months away would come too soon.
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Price gap between new houses and condos hits $300,000 in Toronto
CBC News
The gap between the price of new condos and the price of new homes is widening in Toronto, hitting close to $300,000 in February according to RealNet. RealNet figures show the average price of new detached home or townhouse was $733,578 in February, compared with $442,672 for a condo, a difference of $290,906. And while the price of a new home is up 12 per cent from this time last year, the price of a new condo has inched up by just one per cent.
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New committee hopes to attract foreign investment in Mississauga
Mississauga.com
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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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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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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Toronto's record house prices to rise further by 2017
Toronto Star
Toronto's record house prices could soar a further 17 per cent by the end of 2017 as the lack of supply in the face of unrelenting demand continues to drive prices far beyond the rate of inflation, says the chief economist of Central 1 credit union. Long-time housing watcher Helmut Pastrick says those who caution that Toronto's market is in bubble territory and about to burst are based on "inadequate models" that ignore some key basics.
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    Report: Toronto condo sales falter over winter, but new home sales are healthy (Metro News)
GeoWarehouse access added to public records (TREB)
New committee hopes to attract foreign investment in Mississauga (Mississauga.com)

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Real Estate Update
Frank Humada, Director of Publishing, 289.695.5422
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