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Ontario Realtors are one step closer to being able to form personal real estate corporations (PRECs) under Bill 104, the Tax Fairness for Realtors Act, 2017. The Bill passed second reading today.
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Ontario REALTORS® are launching a campaign today in support of Bill 104, the Tax Fairness for Realtors Act, 2017. If passed, Bill 104 would permit Realtors to form personal real estate corporations.
“Create a task force to nail down solutions to the growing housing supply problem,” say Ontario’s housing sector experts.
Change is on its way for Ontario’s 70,000 Realtors. Ontario Real Estate Association (OREA) President Ettore Cardarelli, Immediate Past-President Ray Ferris, and CEO Tim Hudak addressed a packed room of over 300 OREA members and outlined the fresh direction for the Association.
Ontario Realtors are before the Standing Committee on Social Policy today commending the Ontario government for the licensing and regulation of home inspectors in Ontario through Bill 59, Putting Consumers First Act, 2016.
As populations in Ontario’s largest cities grow and housing supply dwindles, Ontario Realtors are asking, where are people supposed to live?
As of January 1, Ontario’s first-time home buyers are eligible to receive a $4,000 land transfer tax rebate, an increase of $2,000.
The best way to ensure millennials have a good shot at achieving the Canadian dream of home ownership is by putting more homes on the market.
As of January 1, Ontario’s first-time home buyers are eligible to receive a $4,000 land transfer tax rebate, an increase of $2,000. In cities where the average price of a home is $368,000 or less, the new rebate exempts buyers from paying the tax altogether.
Finding an affordable home in Toronto is becoming a CN Tower-sized challenge for many young families and it could get worse if Toronto City Council increases the Toronto Land Transfer Tax (LTT).
Eight-in-ten (79%) first-time home buyers in Ontario say that the federal government’s new, more stringent mortgage rules will throw a wrench into their home buying plans.
Perceptions of real estate markets in Ontario remain strong according to new research from the Ontario Real Estate Association (OREA). More than half of Ontarians (55%) say the current residential real estate market in their neighbourhood is favourable, up 5 points from a year ago.
First-time home buyers will pay more tax on an average priced Toronto home if City Council approves changes to the Toronto Land Transfer Tax (LTT).
The Ontario Real Estate Association (OREA) and the Toronto Real Estate Board (TREB) met with Premier Kathleen Wynne this week to discuss housing affordability.
Minister Bill Mauro announced today that Ontario municipalities will not be getting new revenue tools including a municipal land transfer tax (MLTT).
New LTT rebate will help more young families achieve their dreams of home ownership.
OREA strongly condemns the unethical behaviour exposed in a recent media report
Ontario Real Estate Association supports new legislation that will better protect consumers against unscrupulous home inspectors
The fall may not be as busy as spring for cottage buying, but it still brings out the buyers shows new research from the Ontario Real Estate Association (OREA).
The Ontario Real Estate Association (OREA) today announced that its Board of Directors has appointed Tim Hudak as Chief Executive Officer, effective later this year.
More of Ontario’s younger generations are likely to buy a home in the next two years, shows new research from the Ontario Real Estate Association (OREA).
Half of Ontarians (49%) Say Neighbourhood Real Estate Market is Stronger than Last Year; 48% Say it will Strengthen in the Next Year.
A group of Ontario motorcycle-riding Realtors will roll out of town today as part of the 11th annual Motorcycle Ride for Charity. Riders started in Newmarket and will end in Sudbury, with stops along the way to help raise funds for the Ontario REALTORS Care® Foundation.
An advocacy campaign organized by the Ontario Real Estate Association (OREA) to stop the spread of the municipal land transfer tax beyond Toronto has won a gold ACE Award from the Canadian Public Relations Society, Toronto chapter. The campaign, “Say No to Another Home Owner Tax: Don’t Tax My Dream” was recognized in the category of Government Relations/Public Affairs Campaign of the Year.
The province is investing $100 million from the Ontario Green Investment Fund to provide rebates for home owners who conduct an energy audit on their property and then complete retrofits recommended by the auditor.
Residential real estate markets are stronger now than they were a year ago, said 40 per cent of Ontarians about their respective cities, up from 33 per cent last year, according to the Ontario Home Ownership Index, a semi-annual survey by the Ontario Real Estate Association (OREA).
MP Ted McMeekin says the government will not be extending the Municipal Land Transfer Tax power to Ontario municipalities outside of Toronto.
Simple legislative motion will give MPPs the opportunity to vote “yes” or “no” to higher taxes
Provincial government looking to extend power to all municipalities to charge unfair, unsustainable Municipal Land Transfer Tax despite public opposition and election promise
A large majority of Ontarians – three out of four – planning to buy a home in the next two years say that the listing price has a big impact on whether they want to see more of a home, shows new research from the Ontario Real Estate Association (OREA).
More say real estate markets in GTA are stronger now than last year, will be stronger in the future
More Ontarians now have a favourable opinion of the real estate market in their local city or town, according to the Ontario Home Ownership Index, a bi-annual research study commissioned by the Ontario Real Estate Association (OREA) and conducted by Ipsos Reid.
A group of motorcycle-riding Realtors burned out of the Ontario Real Estate Association’s parking lot today in support of the 10th annual Motorcycle Ride for Charity.
The Government of Ontario has announced that real estate consumers will be permitted to use electronic signatures on real estate agreements of purchase and sale (APS) as of July 1st, 2015.
The Ontario Real Estate Association (OREA) applauds the re-introduction of legislation which will bring fairness to the tax treatment of Ontario Realtors.
Six-in-ten (59%) Ontarians say the state of their city’s economy is “good” right now, up from 53% this time last year, according to the Ontario Home Ownership Index, a bi-annual research study commissioned by the Ontario Real Estate Association (OREA) and conducted by Ipsos Reid.
The holiday hustle will not interfere with real estate shopping this month according to new research from the Ontario Real Estate Association (OREA), which found that two in three (64%) Ontarians in the market to buy a home plan to continue their search over the holidays.
New research by the Ontario Real Estate Association (OREA) shows a significant loss of jobs and economic activity in Mississauga, London, Hamilton, Ottawa and Thunder Bay if a second (municipal) land transfer tax were imposed on local home buyers.
Ontarians planning to buy a home in the next two years say they will create a budget to help save for a down-payment (40%), followed by cut costs (36%) and earn more money (36%), according to new research from the Ontario Real Estate Association (OREA).
A quarter of Ontarians (28%) planning to buy a home in the next two years say they plan to purchase a condo/apartment, with the majority (59%) saying they will buy a detached house, according to new research from the Ontario Real Estate Association (OREA).
New research released today by the Ontario Real Estate Association (OREA) shows a massive loss of economic activity in the City of Toronto and a corresponding loss of thousands of jobs due to the Municipal Land Transfer Tax (MLTT), imposed in Toronto in 2008.
The Ontario Real Estate Association (OREA) applauds the introduction of new legislation which will bring fairness to the tax treatment of Ontario Realtors. Introduced by Prince Edward--Hastings MPP Todd Smith, the Tax Fairness for Realtors Act, 2014 will allow real estate salespeople to form personal corporations. The Real Estate and Business Brokers Act, 2002 (REBBA), prevents real estate salespeople from operating their business through a personal real estate corporation (PREC).
The importance of homeownership ranks high among Ontario’s younger generations – 77% of Generation Y and 79% of Generation X say it is important to them, according to new research conducted by Ipsos Reid on behalf of the Ontario Real Estate Association (OREA).
Ontario Real Estate Association supports the Minister of Consumer Services in her efforts to improve consumer protection in the real estate marketplace.
Ontarians seem hopeful about the provincial real estate market, according to new research conducted by Ipsos Reid on behalf of the Ontario Real Estate Association (OREA.
TORONTO, November 26, 2013 – The Ontario Real Estate Association (OREA) kicks off its 2013 Political Affairs Conference (PAC) today at Toronto’s Courtyard Marriott Hotel. The three day event, featuring prominent politicians, journalists and commentators offers Ontario REALTORS® a unique opportunity to connect with their MPPs, enhance their understanding of provincial issues, exchange ideas and create dialogue on matters that affect the real estate industry.
TORONTO, November 15, 2013 – The Ontario Real Estate Association (OREA) Centre for Leadership Development has received a silver award from the Canadian Society for Training and Development (CSTD) for its work in developing Nimble Decision Making, a course designed to empower real estate volunteer leaders to make timely and decisive decisions in a fast-paced, evolving business. The team behind the course was honoured at CSTD’s Annual Canadian Awards for Training Excellence gala event held on November 14, 2013.
The Ontario Real Estate Association and the Ontario REALTORS Care Foundation have announced a combined donation of $40,000 to the Alberta Floods Fund on behalf of Ontario REALTORS®.
The Ontario Real Estate Association (OREA) applauds the passage of the 2013 provincial budget that contains provisions which will bring electronic real estate agreements of purchase and sale one step closer to reality in Ontario.
On July 10th and 11th motorcyclists from across the province will be hitting the open road to raise money for homeless shelters and charities across Ontario
The Georgian Triangle Association of REALTORS® and the Southern Georgian Bay Real Estate Association have announced their merger, following a membership vote on April 17, 2013.
The Ontario Real Estate Association (OREA) and its member REALTORS® applaud the tabling of the Clandestine Drug Operation Prevention Act, 2013, introduced today by MPP Lisa MacLeod (Nepean-Carleton) to establish a marijuana grow operations (MGOs) and clandestine drug laboratory registry.
The Ontario Real Estate Association (OREA) applauds proposed legislation introduced today at Queen’s Park that, if passed, would facilitate the use of electronic agreements of purchase and sale of real estate. Currently, Ontario REALTORS® are reluctant to use electronic agreements of purchase and sale because they are exempt from the legal protections afforded by the Electronic Commerce Act, 2000
Beyond worrying about the state of the real estate market, a new survey from the Ontario Real Estate Association (OREA) shows that Ontarians' top concerns when selling a home are understanding the process and the legal documents required in a sale, fixing up the home in order to list and the number of days on the market before it sells.
Safety, perceived value and a location close to shopping or transportation are the most important factors Ontarians consider when buying a home.
According to new research commissioned by the Ontario Real Estate Association, the majority of Ontarians would start to feel anxious if their home was still on the market after 45 days or more, while many admit they would start feeling uneasy after only 30 days.
In order to avoid legal setbacks, costly mistakes and unnecessary stress, Ontario’s Realtors recommend homebuyers look into potential municipal bylaws that could affect future home plans.
Ontario REALTORS® made a significant contribution in support of human rights with a donation of $55,000 to the Canadian Museum of Human Rights in Winnipeg. The Ontario Real Estate Association (OREA) joins the real estate community around the country contributing to this important institution.
According to a recent RBC report, the number of homes for sale in Ontario is on the rise and affordability province-wide is stable. The rush to buy with more available homes on the market could mean more mistakes made by consumers.
Of the more than 120,000 Ontarians who used a Realtor to buy or sell a home last year, many did so without fully understanding the expertise and skills Realtors provide, finds a new Ontario Real Estate Association (OREA) survey. Conducted by Leger Marketing, the survey reveals that only 10 per cent of Ontarians who have used a Realtor know that Realtors are trained in environmental issues, and even fewer (six per cent) are aware that family law is part of a Realtor’s education.
With the average price of Ontario homes on the rise to almost $360,000, and higher in some cities, the Ontario Real Estate Association (OREA) recommends potential homebuyers look beyond “turn-key” properties that are move in ready and consider homes that are in need of renovation.
An Ontario Real Estate Association (OREA) survey reveals that confusion about the Harmonized Sales Tax (HST) and buying a resale home has not decreased in the last year despite efforts by the provincial government and real estate industry to educate the public.
With misconceptions about Realtors' commissions affecting how people feel about buying or selling a home on their own, the Ontario Real Estate Association (OREA) wants to advise consumers that Realtors' commissions and contracts are negotiable - and always have been.
One Ontario political party has announced its intention of creating a public registry of houses used for grow-ops and meth labs, an idea endorsed by the Ontario Real Estate Association (OREA).
Couples engaged in contested family court cases will soon have to attend mandatory information programs, which will include information about the effects of separation and divorce on families and ways to resolve their issues - including decisions about the matrimonial home - through ways other than going to court.
Selling your home during the summer months allows you to showcase it it its best light.
The dream of home ownership is alive and well among Ontario renters, with 70 per cent reporting that they would like to buy at some point in the future, according to a poll released today by the Ontario Real Estate Association (OREA).
Revenue Minister Sophia Aggelonitis and Ontario Real Estate Association Immediate Past President, Dorothy Mason, today released a video explaining to prospective buyers the facts about the HST and the housing market.
Ed Barisa, CEO, Ontario Real Estate Association interviewed by Randall Craig of ProfessionallySpeakingTV.com
OREA celebrates 90 years as an association.
Ed Barisa, chief executive officer of the Ontario Real Estate Association, was elected chair of the Canadian Society of Association Executives (CSAE) at the society’s annual conference in Saskatoon in September.
OREA Executive Committee
CREA Leadership Summit
OREA Directors - Strategic Planning
London St. Thomas Association of REALTORS® - Annual General Meeting and Tradeshow
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