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The Business Education Centre is presenting an accredited course on Tuesday
MREB
Topic: Accredited Elite Advocate (2 days for Accreditation + 11 CE Credits)

Dates:
Day 1 - Tuesday, Sept. 2, 2014 9:30 - 4:30
Day 2 - Monday, Sept. 8, 2014 9:30 - 4:30

Credits: 11 CE Credits
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Ontario saw some reprieve from deteriorating housing affordability trend in Q2
Northumberland View
Ontario's housing affordability improved slightly in the second quarter of 2014, but not enough to reverse mild and ongoing deteriorating affordability trends, according to the latest Housing Trends and Affordability Report issued today by RBC Economics Research. Ownership costs have come under mounting pressure in recent years, particularly in markets such as Toronto where property values are on the incline. The latest readings of RBC's measures continue to suggest that affordability may be moderately strained in the province, particularly in Toronto.
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Buyer beware: What you need to know before buying a condo
City News
Investing in a home can be a scary proposition, and there are things homeowners are not aware of before they take the plunge into the condo market. According to a survey by the Ontario Real Estate Association in July, 28 per cent of Ontarians who are thinking of buying a home in the next two years plan to purchase a condo. In Toronto, 41 per cent of respondents said they plan to buy a condo. When buying a new condo, the Ontario Ministry of Government and Consumers Affairs advises prospective buyers to review the condo declaration, bylaws and rules with their lawyer, real estate agent or accountant.
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Real estate scams: How to avoid falling for one
CBC News
One man is warning others to take precautions when house hunting online after he nearly became the victim of a real estate scam. Tom Mason's search for an Orangville, ON, home for his family was not going well. All the apartments that interested Mason were quickly snatched up by other prospective tenants. Mason decided to take some initiative and placed a wanted ad on the classified site Kijiji.
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Buying real estate in Toronto: The million-dollar dream
The Globe and Mail
One million dollars. It's still the stuff that dreams are made of, it's just that our dreams have become a little less extravagant. In April, Toronto's wild housing market hit a historical benchmark, when the average price of a detached home hit $965,760. Most real estate observers rounded up to $1 million, and clarified that they were discussing the cost of a house, not a mansion: Just a nice place to live, where two kids can each have their own bedrooms, and we're not constantly yanked into the drama between neighbours on the other side of a wall.
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Bidding war homebuyer beware: Appraisers may not be as eager
CBC News
Competitive homebuyers in Hamilton's hot housing market are often facing a critical disagreement as they try to buy a house — the property appraiser doesn't share their opinion about how much the house is worth. And that can leave homebuyers without the financing they need to close the deal. The tension, between eager buyers and sellers and often conservative appraisers and bankers, is arising more in the hot market, local real estate experts said. ​
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Condo projects to transform Hamilton skyline
The Hamilton Spectator
A slew of upcoming condo projects in the lower city promises to transform Hamilton's skyline. More than 20 multiple residential developments — some rising 20 storeys and more — are in the works throughout the core. These townhouses, condos and apartment developments are all part of a wider trend across the entire city. Glen Norton, the city's manager of urban renewal, says the condo boom is common in downtowns across North America because of shifting demographics.

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Canadian house prices continue unrelenting climb
Toronto Star
Canadian house prices continued their unrelenting climb in July, rising five per cent over a year ago to an average sales price of $401,585. That number was skewed, as usual, by high sales activity and price climbs in Vancouver and Toronto, according to the Canadian Real Estate Board figures for July. If those two markets, Canada's largest, most competitive and most expensive, were factored out, the average national sales price would dip considerably, to $327,988, notes CREA.

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New in Toronto real estate: River City Phase 3 condos
BlogTO
River City Phase 3 is one of the most interesting condo projects in Toronto from an architecture and design standpoint. Not that previous phases of the large scale development in the West Don Lands are any slouches, but the third phase is about as bold a design as Toronto gets in its residential towers — both inside and out. With a variety of modular features, Urban Capital's suite designs are both minimalist and functional, where it is the former term that one tends to see most often in isolation when it comes to condos around town.

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Quirky tactics that agents sometimes use to sell homes
Toronto Star
When you choose a real estate agent, the decision should be about more than the cost of their commission. It should be also be about their ability to market your home to the widest possible group of potential buyers. While you have to beware of gimmicks, what you're looking for is creativity and techniques that stand out from the pack. Here are a few examples.
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High prices tempt sellers but where do you go?
Toronto Star
Reports of ever-increasing home prices may have some of us wondering what our own homes could sell for in today's market; I have done it myself. But, if your motivation for selling is solely based on a desired price, there are factors you should consider before you decide if the "for sale" sign should really go up in your front yard. To get a better sense of market conditions in your area, consider reaching out to several local real estate professionals who are familiar with your neighbourhood.
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How fears of overheating are driving Canadian homebuilders to look south
Financial Post
Overheating worries at home are driving Canada's homebuilders south of the border where they buy up rural land, betting on a recovery in the U.S. suburban housing market even as many local players remain on the sidelines. Homebuilders such as Mattamy Homes and Brookfield Residential Properties Inc are buying undeveloped land in Florida, Texas and other states where prices tumbled during the global financial crisis and remain well below pre-crisis levels.
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Retirement real estate: How to pick a home that's practical for your future
The Globe and Mail
A New Aging home adheres to the principles of universal design, which considers the needs of people of every age and ability. For example, entrances, pathways, bathrooms and kitchens should accommodate someone with a walker or in a wheelchair. The philosophy also involves thinking about how the space could transform to meet new requirements over time: Equal-sized (rather than hierarchical) bedrooms would allow a caretaker to stay after kids grow up and move out; a spacious living room could be converted to share space with a bed one day; a future elevator could be added to the blueprints of a new house.
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Toronto's 'Manhattanization': Downtown development growing at 'mind blowing' rate
National Post
For more evidence of the astounding pace of growth in Toronto, one need look no further than the past two days of city council, which approved 18 new buildings in the downtown, including three office towers. The development bonanza works out to 755 additional storeys, or 6,887 units — more fuel for the "Manhattanization" of Canada's largest city. Chief planner Jennifer Keesmaat called the amount of work her department has processed "mind blowing" and "astronomical," noting that it comes in addition to the 70,000 units already approved and in the pipeline to be constructed across the city.
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Tax credits help with home renovations
Times Colonist
Canadians looking to renovate their residential real estate have access to a number of government programs that can make the costs a little less burdensome. The residential renovation industry in Canada has been on a steady incline for almost two decades, doubling since the late 1990s. A recent report by the Altus Group shows that Canadians' total spending on home renovations rose to $63.4 billion in 2013 from $61.5 billion in 2011 and is forecast to hit $65.2 billion this year and $67.3 billion in 2015.
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