Real Estate in the News

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Our weekly wrap-up of the real estate news stories that are important to you.

Mobile payments coming to real estate, home deposits –
Mobile payments for home purchase deposits are going to be available starting in February with Royal LePage Atlantic as a test and, if successful, will roll out to brokerages across Canada later in the spring. The service is provided by ExactDeposit with funds being transferred by credit card via their app on a smartphone, tablet on or the web using a desktop computer.

Overvalued housing prices and how to read them: Don Pittis –
Can you identify an over-valued property? Here are a few signals to watch for.

How plunging oil prices could impact real estate across Canada –
The question of how falling oil prices will impact home sales and prices is a complex question. Royal LePage expects slow price gains for 2015.

Markets eye Bank of Canada rate cut for first time as oil rout damage deepens –
2015 is going to be a tpugh year for the Bank of Canada with analysts on both sides of the fence for central bank rate increases or decreases this coming year.

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