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News & Press Releases

  • Aug 22, 2017

    OREA launches first of four white papers: Better Enforcement and a Regulator That Works

    Today, the Ontario Real Estate Association’s (OREA) REBBA Review Task Force launched its first White Paper – Better Enforcement and a Regulator that Works – as part of its continued effort to make Ontario a leader in North America when it comes to professional standards in the real estate industry.

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    REBBA campaign image
     
  • Jul 12, 2017

    Statement from CEO Tim Hudak on Bank of Canada interest rate increase

    “A Bank of Canada rate hike will increase the costs of new mortgages and home equity lines of credit. With this increase in interest rates and the recent Ontario Government Fair Housing Plan, governments need to be very cautious about the cumulative impact of intervention in the housing market going forward."

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    Financial centre
     
  • Jul 5, 2017

    Statement from CEO Tim Hudak on government expert housing forum

    Back in March, the Ontario Real Estate Association together with the Ontario Home Builders’ Association urged the Provincial Government to create a housing experts task force to provide ideas for increasing housing supply in Ontario. The Government responded, and today OREA’s president Ettore Cardarelli is participating in the expert housing forum.

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    5-july-2017
     
  • Jul 4, 2017

    Statement from CEO Tim Hudak re: Non-resident speculation tax data

    “We are pleased to see the government collecting and publishing these numbers. It is always important for public officials to make policy decisions informed by good data. Today’s release of foreign buyers’ data reiterates the findings found by the Toronto Real Estate Board from earlier this year."

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    4-July-2017
     
  • Jun 29, 2017

    Born in Canada or not, Ontarians stand united on the value of home ownership

    A large majority of Ontarians born outside of Canada say that home ownership is important to them (80%), slightly outweighing those born in Canada by five points (75%), shows new research from Ipsos for the Ontario Home Ownership Index

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    29-June-2017
     
  • Jun 28, 2017

    CEO Tim Hudak on government plans to develop the Toronto Port Lands

    We commend all three levels of government for coming together and addressing one of the biggest obstacles facing today’s home buyers – a lack of housing supply.

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    28-June-2017
     
  • Jun 21, 2017

    Home-sweet-home is where most Ontarians will spend their Canada Day 150

    Nearly half of Ontarians (47%) will spend Canada’s 150th birthday at home, followed by 15% who say they will spend it at a community event/festival, according to research by Ipsos for the Ontario Real Estate Association (OREA).

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    21-June-2017
     
  • Jun 13, 2017

    Ontarians say the foreign speculation tax on housing was a good idea

    A large majority of Ontarians, 81%, support the introduction of a 15% Non-Resident Speculation Tax (NRST) on home purchasers who are not Canadian citizens or permanent residents, shows new research conducted by Ipsos and commissioned by the Ontario Real Estate Association (OREA), Ontario Home Builders’ Association (OHBA) and Federation of Rental-Housing Providers of Ontario (FRPO).

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    13-June-2017
     
  • Jun 12, 2017

    Ontarians want to see home affordability in party platforms in 2018 election

    Ontario political parties should address home affordability in their 2018 election platforms, according to 85% of Ontarians in new research conducted by Ipsos and commissioned by the Ontario Real Estate Association (OREA), Ontario Home Builders’ Association (OHBA) and Federation of Rental-Housing Providers of Ontario (FRPO).

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    12-June-2017
     
  • May 18, 2017

    Statement from OREA CEO Tim Hudak on Ontario’s Growth Plan Updates

    “Over the past few months, we’ve met with government bringing forth a number of ideas to ensure the dream of homeownership stays within reach for Ontarians. We’re pleased to see there's a focus on increasing housing supply and more choice on types of housing."

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    18-May-2017
     
  • May 3, 2017

    Statement from Tim Hudak on TREB’s Housing Sales Data for April 2017

    "It is too early to tell if the Fair Housing Plan has had an immediate impact. The government had some good ideas for increasing supply in its Plan and Budget. We encourage them to proceed aggressively on those commitments."

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    Tim Hudak
     
  • Apr 27, 2017

    Statement from OREA CEO Tim Hudak re: 2017 Ontario Budget

    "We put a number of pro-home ownership proposals before Premier Wynne and Finance Minister Sousa and we’re very pleased to see those ideas reflected in today’s Budget."

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    27-April-2017
     
  • Apr 20, 2017

    Statement from Tim Hudak on Ontario Fair Housing Plan

    “Our goal as Realtors is to keep the dream of home ownership within reach for millennials, first-time home buyers and young families. We had over a dozen meetings with Premier Wynne, Finance Minister Sousa, the Honourable Tracy MacCharles, Housing Minister Chris Ballard and other senior staff to bring our ideas on home affordability forward. We’re pleased to see that the government has listened."

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    20-April-2017
     
  • Apr 18, 2017

    Statement on Morneau-Sousa-Tory Meeting on Housing Affordability

    “Today’s meeting was a very good opportunity for all three levels of government to share and review each other’s real estate data. It is surprising and risky that we do not have a single, trusted, collective source of real estate data to help guide policy decision making."

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    18-April-2017
     
  • Apr 13, 2017

    Tim Hudak Responds to Finance Minister Sousa’s Pre-Budget Speech

    "Taking a hard look at unfair practices that limit choices and increasing the number of listings in the marketplace will help preserve the dream of finding a place to call home for young families."

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    18-May-2017
     
  • Apr 12, 2017

    Statement on Premier Wynne Meeting on Housing Affordability

    “It’s good to see Premier Wynne and GTHA mayors coming together today to discuss housing affordability. Focused and coordinated leadership at the provincial and municipal level can make a real difference in preserving the Canadian dream of affordable home ownership."

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    Tim Hudak
     
  • Apr 10, 2017

    Statement from OREA President Ettore Cardarelli on Bill 59

    “OREA is pleased to hear that Bill 59 passed in the Ontario Legislature which will license home inspectors and regulate the home inspection industry."

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    10-April-2017
     
  • Apr 9, 2017

    Statement from OREA CEO Tim Hudak on Home Affordability Crisis

    “I commend Ontario PC Leader Patrick Brown and Ontario PC Municipal Affairs and Housing Critic Ernie Hardeman for ‘ringing alarm bells’ about the provinces’ home affordability crisis."

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    Tim Hudak
     
  • Apr 4, 2017

    OREA Real Estate College commits to smooth transition for REALTOR® education to Humber College and NIIT Canada

    The OREA Real Estate College will no longer be offering educational courses for real estate professionals in Ontario after December 31, 2020. The new provider of the Registration Education Program is the consortium of Humber College Institute of Technology & Advanced Learning (Humber College) and NIIT Canada.

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    4-April-2017
     
  • Mar 31, 2017

    OREA Real Estate College takes a bow after 60 years

    The sole provider of real estate education in Ontario, the OREA Real Estate College announced today it will no longer be offering educational courses for real estate professionals in the province after 2020.

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    31-March-2017
     
  • Mar 23, 2017

    Ontario REALTORS® one step closer to achieving tax fairness

    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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    23-March-2017
     
  • Mar 14, 2017

    Ontario REALTORS® launch campaign in support of tax fairness bill

    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.

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    14-March-2017
     
  • Mar 6, 2017

    Housing sector calls on Queen’s Park to address home affordability

    “Create a task force to nail down solutions to the growing housing supply problem,” say Ontario’s housing sector experts.

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    18-May-2017
     
  • Mar 2, 2017

    Ontario REALTORS® gather at Annual General Meeting to discuss OREA’s next chapter

    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.

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    02-March-2017
     
  • Feb 21, 2017

    ONTARIO REALTORS® COMMEND GOVERNMENT FOR PROTECTING HOME BUYERS

    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.

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    21-Feb-2017
     
  • Feb 9, 2017

    “Finding a home is only going to get worse until housing supply is addressed,” says Ontario Real Estate Association CEO Tim Hudak

    As populations in Ontario’s largest cities grow and housing supply dwindles, Ontario Realtors are asking, where are people supposed to live?

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    09-Feb-2017
     
  • Jan 27, 2017

    Ontario government gives tax break to London’s first-time home buyers

    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.

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    27-Jan-2017
     
  • Jan 18, 2017

    OREA Calls On Government To Strike Affordable Home Ownership Task Force

    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.

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    18-July-2017
     
  • Jan 17, 2017

    Ontario first-time buyers catch a break with Land Transfer Tax rebate

    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.

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    17-Jan-2017
     
  • Jan 10, 2017

    OREA to Mayor John Tory: “Make Toronto More Affordable for Young Families”

    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).

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    18-May-2017
     
  • Jan 6, 2017

    First-time buyers delaying home ownership on account of new mortgage rules, OREA research shows

    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.

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    6-Jan-2017
     
  • Dec 20, 2016

    Ontario Real Estate Outlook Remains Strong Heading into Winter Season

    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.

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    20-Dec-2016
     
  • Dec 1, 2016

    Increased home buyer tax will put home ownership further out of reach

    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). 

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    1-Dec-2016
     
  • Nov 22, 2016

    Premier Wynne meets with Ontario REALTORS

    The Ontario Real Estate Association (OREA) and the Toronto Real Estate Board (TREB) met with Premier Kathleen Wynne this week to discuss housing affordability.

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    22-Nov-2016
     
  • Nov 16, 2016

    No new MLTT for Ontario municipalities

    Minister Bill Mauro announced today that Ontario municipalities will not be getting new revenue tools including a municipal land transfer tax (MLTT).

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    16-Nov-2016
     
  • Nov 14, 2016

    Ontario government gives tax break to first-time home buyers

    New LTT rebate will help more young families achieve their dreams of home ownership.

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    14-Nov-2016
     
  • Nov 4, 2016

    OREA condemns inappropriate behaviour; calls for stricter penalties

    OREA strongly condemns the unethical behaviour exposed in a recent media report

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    4-Nov-2016
     
  • Nov 3, 2016

    Home inspector licensing is good for consumers, say Ontario Realtors

    Ontario Real Estate Association supports new legislation that will better protect consumers against unscrupulous home inspectors

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    3-Nov-2016
     
  • Oct 5, 2016

    Ontario Buyers Actively Looking for Cottages in Fall 2016, New Research Shows

    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).

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    5-Oct-2016
     
  • Aug 9, 2016

    Ontario Real Estate Association Names Tim Hudak as Next CEO

    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.

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    Tim Hudak
     
  • Aug 3, 2016

    Gen Y's intentions to buy increase

    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).

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    3-August-2016
     
  • Jul 13, 2016

    Views on Ontario’s Real Estate Markets Surge

    Half of Ontarians (49%) Say Neighbourhood Real Estate Market is Stronger than Last Year; 48% Say it will Strengthen in the Next Year.

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    13-July-2016
     
  • Jul 6, 2016

    Motorcycle-riding Realtors Raise Funds for a Good Cause

    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.

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    6-July-2016
     
  • May 4, 2016

    OREA’s Advocacy Campaign Wins Prestigious Award

    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.

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    4-May-2016
     
  • Feb 4, 2016

    Rebates key to helping home owners go green, say Ontario Realtors

    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.

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    4-Feb-2016
     
  • Jan 14, 2016

    Ontarians say local real estate markets are growing stronger

    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).

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    14-Jan-2016
     
  • Dec 1, 2015

    ON Government: MLTT will not be extended

    MP Ted McMeekin says the government will not be extending the Municipal Land Transfer Tax power to Ontario municipalities outside of Toronto.

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    27-Oct-2015
     
  • Nov 3, 2015

    OREA to MPPs: “Say ‘no’ to higher taxes on home buyers”

    Simple legislative motion will give MPPs the opportunity to vote “yes” or “no” to higher taxes

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    18-Sep-2014
     
  • Oct 27, 2015

    Ontario government close to allowing doubling of land transfer taxes

    Provincial government looking to extend power to all municipalities to charge unfair, unsustainable Municipal Land Transfer Tax despite public opposition and election promise

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    27-Oct-2015
     
  • Sep 16, 2015

    Home buyers would want to see more of a home if the price was right

    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).

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    16-Sept-2015
     
  • Aug 11, 2015

    Confidence in local real estate markets growing among GTA residents, new research shows

    More say real estate markets in GTA are stronger now than last year, will be stronger in the future

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    11-Aug-2015
     
  • Jul 23, 2015

    Consumer confidence in Ontario’s real estate markets growing, new research shows

    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.

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    11-Aug-2015
     
  • Jul 8, 2015

    Realtors raise $250,000 in 10 years of motorcycle riding

    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.

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    08-July-2015
     
  • Jun 29, 2015

    Ontario allows real estate documents to be signed electronically

    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.

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    29-June-2015
     
  • Feb 26, 2015

    OREA applauds multi-party support for Tax Fairness for Realtors Act

    The Ontario Real Estate Association (OREA) applauds the re-introduction of legislation which will bring fairness to the tax treatment of Ontario Realtors.

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    26-Feb-2015
     
  • Dec 23, 2014

    Ontarians feel better about economy, real estate markets this year compared to last, new research shows

    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.

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    23-Dec-2014
     
  • Dec 9, 2014

    Ontario’s home hunters say they will continue their search during the holiday season, new research shows

    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.

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    09-Dec-2014
     
  • Sep 18, 2014

    Second land transfer tax threatens Ontario jobs and economic activity, new research shows

    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.

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    18-Sep-2014
     
  • Jul 29, 2014

    Ontarians recognize importance of budgeting before buying a home, new research shows

    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).

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    29-July-2014
     
  • Jul 10, 2014

    Next to detached homes, condos most popular real estate choice with Ontarians

    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).

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    10-July-2014
     
  • Apr 29, 2014

    Toronto loses $2.3 billion in economic activity and almost 15,000 jobs due to Municipal Land Transfer Tax (MLTT)

    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.

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    29-Apr-2014
     
  • Apr 10, 2014

    OREA applauds Tax Fairness for Realtors Act

    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).

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    10-Apr-2014
     
  • Feb 3, 2014

    Homeownership important to Generation X and Y Ontarians

    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).

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    03-Feb-2014
     
  • Jan 27, 2014

    Regulation of home inspection industry needed, say Ontario Realtors

    Ontario Real Estate Association supports the Minister of Consumer Services in her efforts to improve consumer protection in the real estate marketplace.

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    27-Jan-2014
     
  • Dec 23, 2013

    Ontarians Optimistic about 2014 real estate market and economy

    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.

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    23-Dec-2013
     
  • Nov 26, 2013

    Ontario Real Estate Association Welcomes Ontario’s Real Estate Movers and Shakers to Toronto at Annual Political Affairs Conference

    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.

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    26-Nov-2013
     
  • Nov 15, 2013

    The Ontario Real Estate Association Centre for Leadership Development recognized for course designed to raise the leadership bar in organized real estate

    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.

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    Centre for Leadership Development award
     
  • Jul 2, 2013

    Ontario’s REALTORS Care Foundation pledges $20,000 to Alberta Floods Fund

    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®.

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    02-July-2013
     
  • Jun 12, 2013

    REALTORS® applaud passage of electronic signature amendment

    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.

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    12-June-2013
     
  • Jun 10, 2013

    The 2013 Motorcycle Ride for Charity rolling through a town near you

    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

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    10-June-2013
     
  • Apr 19, 2013

    Georgian Triangle Association of REALTORS® & Southern Georgian Bay Real Estate Association Announce Merger

    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.

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    19-April-2013
     
  • Mar 7, 2013

    Ontario REALTORS® support reintroduction of a grow op registry bill

    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.

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    07-Mar-2013
     
  • Mar 6, 2013

    OREA endorses Bill to enhance electronic real estate transactions

    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

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    06-Mar-2013
     
  • Sep 6, 2012

    Ontario Real Estate Association survey asks what's top of mind when listing

    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.

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    06-Sep-2012
     
  • Aug 15, 2012

    Safety, perceived value and location most important to Ontario homebuyers

    Safety, perceived value and a location close to shopping or transportation are the most important factors Ontarians consider when buying a home.

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    15-Aug-2012
     
  • Jul 24, 2012

    Some Ontarians expect a snappier home sale than others, research shows

    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.

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    24-July-2012
     
  • May 29, 2012

    Buyer beware bylaws

    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.

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    29-May-2012
     
  • Dec 16, 2011

    Ontario REALTORS® care about Human Rights

    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.

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    16-Dec-2011
     
  • Dec 13, 2011

    Avoid top five home buying errors, Ontario Realtors advise

    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.

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    13-Dec-2011
     
  • Dec 5, 2011

    Ontario’s homebuyers missing out on expert advice for life’s biggest investment

    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.

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    05-Dec-2011
     
  • Nov 10, 2011

    Consider a fixer-upper as home prices rise

    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.

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    10-Nov-2011
     
  • Oct 26, 2011

    58% of Ontarians still mistaken about HST & resale homes

    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.

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    26-Oct-2011
     
  • Oct 3, 2011

    Whether buying or selling, Realtor contracts are negotiable

    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.

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    03-Oct-2011
     
  • Sep 19, 2011

    Full disclosure of home's history protects both buyer and seller

    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).

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    19-Sep-2011
     
  • Aug 22, 2011

    Family law change underscores need for extra planning for sale of family home during divorce warns Ontario Real Estate Association

    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.

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    22-Aug-2011
     
  • Jul 11, 2011

    Let outdoor spaces help sell your home

    Selling your home during the summer months allows you to showcase it it its best light.

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    11-July-2011
     
  • Apr 20, 2011

    Dream of home ownership alive and well in Ontario

    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).

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    20-Apr-2011
     
  • Mar 21, 2011

    Buying a Home? Get the Facts on HST

    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.

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    21-Mar-2011
     
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