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April 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.  A home is the biggest purchase most people will make in their lives, and as such we need higher standards on all professionals and practises involved in a real estate transaction. Ontario Realtors continue to call for an overhaul of the Real Estate and Business Brokers Act, 2002 (REBBA) to ensure it catches up to the 2017 marketplace with the highest level of professionalism, fair practises and consumer protection."

Tim Hudak, CEO of the Ontario Real Estate Association


Jamie Hofing

For more information contact:

Jamie Hofing

Senior Manager, Public & Media Relations

jamieh@orea.com


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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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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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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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