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52 Pick-up Inc. News
NOVEMBER 16 , 2016

52 Pick-up takes Silver at sThe Nationals

Our project, The Residences of The Hotel McGibbon has captured a silver award for Best Presentation Centre in the National Sales and Marketing Council’s (USA) annual awards event.

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The Creative Minds at 52 Pick-up Come Together to Create a New Calendar

Every year, the creative minds at 52 Pick-up come together to create a new calendar; something that tantalizes, showcases our right-brain thinking and gives a tangible example of 52’s uncanny ability to provide messaging in a unique and interesting manner. This year, our calendar is a testament to pithy pick-up lines, complete with illustrated visuals… Read more

Vancouver’s Help for First Time Buyers . . . MIGHT NOT HELP!

The newest measure by Vancouver’s policymakers – to match down payments by first time home buyers with interest free loans up to $37,500 is another example of the tail wagging the dog. Giving potential first time buyers help to buy overpriced real estate that they can barely afford is setting them up to take on… Read more

52 Pick-up Takes Silver at The Nationals

We just received word from NAHB’s (The National Association of Home Builders) that our project, The Residences of The Hotel McGibbon has captured a silver award for Best Presentation Centre in the National Sales and Marketing Council’s (USA) annual awards event. The Presentation Center created for The Residences of the Hotel McGibbon acknowledges the historic… Read more

The Fed Douses the Hot Toronto Condo Market With Warm Water . . .

(excerpted from cbc.ca Oct 5/2016) “As of Oct. 17, more mortgage applications will undergo a “stress test” to evaluate a borrower’s ability to make mortgage payments at a higher interest rate. The requirement was already in place for some types of mortgages. It will now apply to all insured mortgages, including fixed-rate ones with terms of… Read more

The mercury keeps rising on Toronto’s housing market!

According many industry insiders, there’s no cooling in sight for Toronto’s sizzling housing market. Using stats from the Toronto Real Estate Board, July showed the highest recorded number of sales ever in Toronto – almost 10,000 homes were sold at an average price of $1.2 million (detached homes in the City of Toronto) –  just… Read more

Supply of New Condo Units Drop to Six Year Low

According to a new report from Urbanation Inc., there were 7,731 new condominium apartments sold across the GTA during the second quarter of this year, a 26 per cent increase year-over-year. This represents the second-highest level of quarterly activity on record following the 8,548 condo sales in Q2-2011. The report suggests the number of sales… Read more