Monthly Archives: November 2016

Month: November 2016 In Toronto, rising rate of missing dementia patients a growing challenge to police forces

  As the population ages, the number of people diagnosed with dementia is soaring and many – more than half, according to one calculate – will eventually wander off, presenting police with a unique fixed of challenges. Last year alone, Toronto police received 835 reports of missing people aged 61 and older, the highest number in the past five years. This week, federal Health Minister Jane Philpott supported calls for their own nationals dementia strategy. The stakes are high: If a missing dementia patient isn’t found within 12 hours, he or she faces a 50 per-cent chance of injury or

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Month: November 2016 Toronto’s downtown core a growing competitive market for renting

  Looking to rent a condo in downtown Toronto? Make sure you have your rental application bundle when you go to look at the place, advises Toronto realtor. The bidding wars are prevalent in Toronto’s re-sale home market and they now affecting condo rentals. “If you don’t go with your bundle in hand — signifying your credit (application), your job reference, completed rental application and your offering, which is sometimes $50 or $100 more (than the posted rent) — you’re going to lose”. Smokers and owners of large pets are also at a disadvantage, said the agent. Condos are increasingly

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Month: November 2016 Toronto home prices jump in October despite new mortgage rules

  Toronto’s real estate sales climbed more than 11 per cent of the members in October, 2016 compared with a year earlier, despite the introduction of new federal mortgage regulations aimed at chilling the region’s overheated housing market. The average cost of all homes across the Toronto region rose 21 per cent of the members to $762,975 last-place month, compared to October 2015, as Toronto Real Estate Board( TREB) stated on Thursday. Real property sales climbed 11.5 per cent of the members in October, compared to the same month in 2015. In Toronto the average home — including all types of

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Month: November 2016 Unethical agents in hot Toronto real estate market under the microscope

  Who are the unscrupulous agents in Toronto’s real estate market? It all depends on who you’re asking. Some real estate agents engage in unethical behaviour, industry veterans recognise. But so do buyers and sellers. The machinations of Toronto’s blazingly hot market are receiving a lot of scrutiny these days. Last week, an undercover investigations conducted by CBC’s current affairs program Marketplace and the real estate industry’s efforts to get their own message out before the broadcast aired. RECO, which enforces the Real Estate Business Brokers Act 2002 and its Code of Ethics on behalf of the provincial government, fostered

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