The College is Closing

The OREA Real Estate College will cease to operate on December 31, 2020. Find out how the closing will affect admissions and the deadline to complete programs.

2019 course sessions are now available for enrolment

The OREA Real Estate College is pleased to announce the availability of 2019 course sessions for Registration Education courses. Detailed course information is available on the Course Calendar page of the OREA website, or by contacting the College at 416-391-6732 or 866-411-6732.

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October 3, 2017

OREA Statement on CMHC commitment to helping self-employed & new immigrants achieve home ownership

“Buying a home is the largest, most important decision Ontarians will ever make. Ontario REALTORS® commend the Canadian Mortgage and Housing Corporation, an agency of the federal government, for today’s commitment to reduce red tape for self-employed entrepreneurs and new immigrants looking to buy homes and helping them achieve the Canadian dream.

Governments at all levels should be adopting a policy of doing no further harm when it comes to people’s largest investment - their home. The cumulative impact of federal mortgage rule tightening, higher interest rates, increases to the Toronto Land Transfer Tax and the Government of Ontario’s Fair Housing Plan risks undermining the primary asset of Canada’s middle class: the family home and weakening our economy. It’s time to pump the brakes on further government interventions to reduce housing demand.”

- Tim Hudak, CEO – Ontario Real Estate Association


For more information contact:

Katarina Markovinovic-Praljak

Head of Communications & Media Relations

katarinam@orea.com


More News & Press Releases

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OREA Statement on Federal Government’s Refusal to Allow Provinces the Ability to Ban Home Growth of Cannabis

Ontario Realtors are disappointed the federal government rejected the Senate recommendation that would have allowed provinces to ban home growth of cannabis. Provinces should have the ability to protect home owners and communities from the problems associated with former grow ops. Quebec and Manitoba have committed to standing firm on this issue and the ambiguity in the legislation has opened the door to court challenges. We look forward to working with Premier-Designate Ford to address Realtor concerns and ensure we protect Ontario homes and families.

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York region politicians want a new municipal land transfer tax grab on home ownership

York Region councillors are demanding new tax powers from the province, and they have their eyes set on the municipal land transfer tax (MLTT). If implemented, the tax would add over $15,000 to an average priced York Region home, impacting housing affordability for all home buyers and making the Canadian dream of home ownership less achievable for thousands of young buyers. This could set a dangerous precedent for housing affordability across the wider Greater Toronto Area and the rest of the province.

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700,000 Millennials looking to move out of their parents’ basement in the next decade, new research shows

Over the next decade, 700,000 Millennials in the Greater Toronto and Hamilton Area (GTHA) will enter the housing market in search of their first home. According to the report – Millennials in the Greater Toronto and Hamilton Area: A Generation Stuck in Apartments? – released today by Ryerson University’s Centre for Urban Research & Land Development (CUR) and sponsored by the Ontario Real Estate Association (OREA), Millennials will represent the largest source of housing demand in the next ten years.

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