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Media Roundup - July 27th, 2007

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In the News

There is some discussion about the future plans for one of Toronto's largest undeveloped tracts of land.  The 50-acre tract of land was once home to the Kodak plant in the Mount Dennis neighourhood.

Creative neighbourhood branding continues to make its mark in Toronto.  The new "Upper Danforth Village" is a low-rise community located in Scarborough, close to the neighbourhood of Oakridge

Dozens line up overnight in Etobicoke by the lakeshore to purchase a condo at a new development by Empire Communities called Beyond the Sea.

A giant new retail mall, right next to the neighbourhood of Milliken in Scarborough/Markham has started construction.

Underlying differences between Canadian and U.S. economies at present, namely differing practices in the lending industry and hot commodity prices, continue to fuel divergent housing stats.

In what Reader's Digest International calls its "off beat social experiment", Torontonians are found to be the second-most honest citizens in the world (first among the world's largest cities!)

Published: July 27, 2007
John Pasalis
John Pasalis
John Pasalis is President of Realosophy Realty, a Toronto real estate brokerage which uses data analysis to advise residential real estate buyers, sellers and investors. A specialist in real estate data analysis, John's research focuses on unlocking micro trends in the Greater Toronto Area real estate market. His research has been shared with the IMF and cited by the Bank of Canada and CMHC. A frequent commentator on the Toronto housing market and real estate consumer and industry issues, John has contributed to the Globe and Mail, CBC, BNN Bloomberg, TVO's The Agenda, Toronto Star and other media, national and international government and industry organizations. John holds a B.Sc. in Economics from the University of Toronto and is a candidate in the Doctorate of Business Administration Program at the University of Toronto and Henley Business School (UK).

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