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Dear <<First Name>>,

We are inviting you, our valued client, and your family to pickup a FREE Pumpkin, enjoy some beverages, cookies and more!

Saturday October 31, 2020 10am to 12pm

Please Note: To keep our community safe and as the City continues its COVID-19 recovery efforts the return of events, we will be dependent on several factors including direction from the Public Health and the Province of Ontario for any changes and ensure to keep you up to date.

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  • REAL-ESTATE SENTIMENT IS OFFSETTING WEAKENING ECONOMIC OUTLOOK
  • SURVEY SHOWS 44% EXPECT PRICES TO RISE, HIGHEST SINCE LOCKDOWN

Canadian households are increasingly optimistic about housing, even as the country suffers through a second wave of coronavirus cases, polling suggests. 

About 44% of respondents expect the value of real estate in their neighborhood will go up over the next six months, according to the latest weekly survey by Nanos Research for Bloomberg News. That’s the highest percentage since March 13, before full pandemic shutdowns began and one of the strongest readings for this question in the past seven years. The share of Canadians who expect home prices to drop slid to 27%, also the lowest since mid-March. 

The residential real estate market has been a bright spot in Canada’s economic recovery from Covid-19. Last month, home prices and sales reached a record from pent-up demand combined with low interest rates and tight inventory. Although the market has defied expectations, economists predict the gains will peter out in line with other data that shows a slow down in activity as cases rise and restrictions get re-imposed. 

“Can it continue this way? Absolutely not,” Benjamin Tal, Deputy Chief Economist at CIBC, said in a telephone interview. “As we enter winter, things will slow down economically and we will see it in the housing market. It doesn’t mean it will go down but it will stabilize and maybe soften a bit.” 

Source: Bloomberg/Nanos Research

Hagan, S. (2020, September 28). Coronavirus in Canada: Optimism About Housing Market Climbs Even Amid 2nd Wave. Retrieved September 28, 2020, from https://www.bloomberg.com/news/articles/2020-09-28/optimism-about-canadian-housing-market-climbs-even-amid-2nd-wave

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420 LAKESHORE CONDOS
Register Below To Keep Up To Date

420 Lakeshore Road East Condos is a new condo development by Plaza currently in preconstruction at 420 Lakeshore Road East, Mississauga. 420 Lakeshore Road East Condos has a total of 195 units.

To Learn More Click Here

Under 5 Units Remaining!

Society Condo Residences!

Perfectly located between the London business centre and down the street from both the entertainment district and the largest shopping centre in London, is Society, the #1 location for young professionals to call home. The now iconic building rises 19 stories high and features over 300 contemporary suites offering residents a breathtaking view of both the surrounding parks and Western campus. 

Features such as secured parking, 24/7 high definition security cameras and keyless entry into the building, amenities and suites offers residents peace of mind. 

VIP Incentives
    •    5 Year Rental Assurance
    •    5 Years Free Tenant Management
    •    Free Furniture Package
    •    Free Appliance Package
    •    $10K Parking Discount
    •    $10K Unit Discount
 
$540+ Monthly Cash Flow
41%+ Projected Annual Returns
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