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Jul 12, 2017
“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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Jul 5, 2017
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.
Jul 4, 2017
“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."
Jun 29, 2017
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
Jun 28, 2017
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.
Jun 21, 2017
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).
Jun 13, 2017
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).
Jun 12, 2017
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).
May 18, 2017
“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."
May 3, 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."
Apr 27, 2017
"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."
Apr 20, 2017
“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."
Apr 18, 2017
“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."
Apr 13, 2017
"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."
Apr 12, 2017
“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."
Apr 10, 2017
“OREA is pleased to hear that Bill 59 passed in the Ontario Legislature which will license home inspectors and regulate the home inspection industry."
Apr 9, 2017
“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."
Apr 4, 2017
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.
Mar 31, 2017
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.
Mar 23, 2017
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.
Mar 14, 2017
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.
Mar 6, 2017
“Create a task force to nail down solutions to the growing housing supply problem,” say Ontario’s housing sector experts.
Mar 2, 2017
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.
Feb 21, 2017
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.
Feb 9, 2017
As populations in Ontario’s largest cities grow and housing supply dwindles, Ontario Realtors are asking, where are people supposed to live?
Jan 27, 2017
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.
Jan 18, 2017
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.
Jan 17, 2017
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.
Jan 10, 2017
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).
Jan 6, 2017
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.
Dec 20, 2016
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.
Dec 1, 2016
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).
Nov 22, 2016
The Ontario Real Estate Association (OREA) and the Toronto Real Estate Board (TREB) met with Premier Kathleen Wynne this week to discuss housing affordability.
Nov 16, 2016
Minister Bill Mauro announced today that Ontario municipalities will not be getting new revenue tools including a municipal land transfer tax (MLTT).
Nov 14, 2016
New LTT rebate will help more young families achieve their dreams of home ownership.
Nov 4, 2016
OREA strongly condemns the unethical behaviour exposed in a recent media report
Nov 3, 2016
Ontario Real Estate Association supports new legislation that will better protect consumers against unscrupulous home inspectors
Oct 5, 2016
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).
Aug 9, 2016
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.
Aug 3, 2016
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).
Jul 13, 2016
Half of Ontarians (49%) Say Neighbourhood Real Estate Market is Stronger than Last Year; 48% Say it will Strengthen in the Next Year.
Jul 6, 2016
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.
May 4, 2016
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.
Feb 4, 2016
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.
Jan 14, 2016
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).
Dec 1, 2015
MP Ted McMeekin says the government will not be extending the Municipal Land Transfer Tax power to Ontario municipalities outside of Toronto.
Nov 3, 2015
Simple legislative motion will give MPPs the opportunity to vote “yes” or “no” to higher taxes
Oct 27, 2015
Provincial government looking to extend power to all municipalities to charge unfair, unsustainable Municipal Land Transfer Tax despite public opposition and election promise
Sep 16, 2015
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).
Aug 11, 2015
More say real estate markets in GTA are stronger now than last year, will be stronger in the future
Jul 23, 2015
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.
Jul 8, 2015
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.
Jun 29, 2015
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.
Feb 26, 2015
The Ontario Real Estate Association (OREA) applauds the re-introduction of legislation which will bring fairness to the tax treatment of Ontario Realtors.
Dec 23, 2014
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.
Dec 9, 2014
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.
Sep 18, 2014
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.
Jul 29, 2014
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).
Jul 10, 2014
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).
Apr 29, 2014
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.
Apr 10, 2014
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).
Feb 3, 2014
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).
Jan 27, 2014
Ontario Real Estate Association supports the Minister of Consumer Services in her efforts to improve consumer protection in the real estate marketplace.
Dec 23, 2013
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.
Nov 26, 2013
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.
Nov 15, 2013
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.
Jul 2, 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®.
Jun 12, 2013
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.
Jun 10, 2013
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
Apr 19, 2013
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.
Mar 7, 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.
Mar 6, 2013
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
Sep 6, 2012
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.
Aug 15, 2012
Safety, perceived value and a location close to shopping or transportation are the most important factors Ontarians consider when buying a home.
Jul 24, 2012
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.
May 29, 2012
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.
Dec 16, 2011
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.
Dec 13, 2011
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.
Dec 5, 2011
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.
Nov 10, 2011
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.
Oct 26, 2011
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.
Oct 3, 2011
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.
Sep 19, 2011
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).
Aug 22, 2011
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.
Jul 11, 2011
Selling your home during the summer months allows you to showcase it it its best light.
Apr 20, 2011
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).
Mar 21, 2011
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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