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What's New in OREA
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OREA | Since 1922
Helping Ontario Realtors® Succeed
Supporting Ontario REALTORS® in building stronger communities across the province.
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Statement on the Delayed Implementation of Phase 2
Statement on the Delayed Implementation of Phase 2
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2023 Ontario Spring Budget
Building on the Provincial Government’s mission to create economically thriving and vibrant communities.
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New data reinforces need to go further on increasing housing supply.
While prices are down nationally, in Ontario they are up almost 7% year-over-year with the average price of a home coming in at $932,000 in 2022.
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OREA Statement Regarding Auditor General Report
TRESA replaced the decades-old Real Estate and Business Act, 2002 (REBBA).
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Increases to Non-Resident Speculation Tax
As of October 25, 2022, the NRST rate will be increased from 20% to 25% and continues to apply to all regions of the province.
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Ontario On-Track to Becoming Most Pro-Housing Jurisdiction in Canada with New Bill
The More Homes Built Faster Act, 2022 is just what the doctor ordered when it comes to getting more homes for families built faster.
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Bringing Transparency to Real Estate
New rules that will allow home buyers to see info about other offers being made on a home, provided the seller and other parties consent.
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We Advocate for You
OREA works to reduce barriers to home ownership and improve equitable access to housing in Ontario.
Through advocacy efforts and meeting with provincial leaders, OREA lobbies for REALTOR® issues that affect Ontario. Learn more about the recommendations we've presented to Queen's Park on Condominium Regulations, the Trust in Real Estate Services Act, tax fairness, personal real estate corporations (PRECs), and our plan to help future generations of young Ontarians achieve home ownership.
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SAVE ON EXPENSES
We've partnered with service providers you use on a daily basis so you can bring more money home. Access cost savings and benefits exclusive to OREA Members.
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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