OREA calls for relaxed mortgage rules
7/18/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu
The Ontario Real Estate Association is calling for less stringent mortgage rules in a rebuttal aimed at the head of the Canada Mortgage and Housing Corp. ... More
OREA welcomes planned repeal of Green Energy Act
9/21/2018 | Posted in Ontario Real Estate by Jessi Sandhu
The Ontario Government is planning to repeal legislation that would require home sellers to obtain a home energy audit before the sale. ... More
New Canadians overwhelmingly target home ownership
6/30/2017 | Posted in Home Buyers by Jessi Sandhu
New study reveals Canadians born outside the country view home ownership as a major milestone. ... More
First-time buyers delaying due to mortgage rules
1/9/2017 | Posted in First Time Home Buyers by Jessi Sandhu
The tightened mortgage rules introduced by the federal government last year are having a negative effect on the homebuying plans of first-time buyers. ... More
More Torontonians want hard-to-find detached homes: Study
12/28/2016 | Posted in Ontario Real Estate by Jessi Sandhu
A study by the Ontario Real Estate Association finds more Torontonians are eyeing detached homes, even though those properties are the hardest to find. ... More
Lend first-time buyers cash to buy houses, Ontario realtor chief says
12/24/2016 | Posted in Ontario Real Estate by Jessi Sandhu
The head of a realtor group in Canada’s largest province said he’d support a program that would lend first-time buyers cash to buy houses and get them out of their ... More
Home buyers optimistic about GTA real estate market, research finds
12/19/2016 | Posted in GTA Real Estate by Jessi Sandhu
High prices and tighter lending conditions aren’t dampening consumers’ optimism and enthusiasm for real estate in the Toronto region, where half of homebuyers still ... More
Increased Home Buyer Tax Will Put Home Ownership Further out of Reach for Young Families
12/2/2016 | Posted in Toronto Real Estate by Jessi Sandhu
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 City of Toronto's ... More
Ontario home sales set new August record
9/20/2016 | Posted in Ontario Real Estate by Jessi Sandhu
Residential sales activity reported through the MLS® Systems of real estate Boards and Associations in Ontario numbered 22,350 units in August 2016, an increase of 17.2 per ... More
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