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OREA | Since 1922
Supporting Ontario REALTORS® in building stronger communities across the province.
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Housing affordability now a ‘Top Priority’ for over half of Ontarians
New OREA survey shows affordability is getting worse and Ontarians want more bold action from Government.
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OREA CEO Tim Hudak Statement on Federal Government’s Housing-focused Fall Economic Statement
The Government of Canada’s housing-focused Fall Economic Statement is a clear indication the Federal Government is taking this issue seriously, and OREA commends Housing Minister Sean Fraser and the Trudeau Government for continuing to take action.
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Canada’s Best Political Affairs Conference Returns with OREA Power House Conference
The Power House Conference will host hundreds of REALTORS® from across Ontario and boast an unrivaled lineup of political leaders and industry insiders who will share their insights on housing, policy, and the latest trends in real estate.
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OREA CEO Tim Hudak Statement On Government Of Ontario 2023 Fall Economic Statement
The Ontario Real Estate Association (OREA) commends the Ford Government for introducing important measures to get more homes built in their 2023 Fall Economic Statement, many of which align with solutions that Ontario REALTORS® have put on the table.
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Canada’s Existing Immigration Plans Can Help Remedy Residential Construction Woes
Research from The Conference Board of Canada was done in collaboration with the Canadian Real Estate Association, British Columbia Real Estate Association and Ontario Real Estate Association.
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Student Loan Debt is a Major Barrier to Homeownership for Young Ontarians
Latest poll from OREA shows over half of post-secondary graduates have incurred student debt or loans to finance their education, and of that half, 53% are still currently engaged in repayment.
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OREA CEO Tim Hudak Statement on Federal Government Pledge to Remove GST on Purpose-Built Rentals
We cannot hope to solve the housing affordability crisis without addressing the need to have access to homes across the housing spectrum.
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OREA CEO Tim Hudak Statement on Conservative Party of Canada Housing Plan
Ontario is experiencing an unprecedented housing affordability and supply crisis, one that is occurring during country-wide inflation, while cost-of-living is also rising rapidly.
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OREA CEO Tim Hudak statement on TRESA Phase 2 implementation
Today, the Ministry of Public and Business Service Delivery released its regulations for the second phase of TRESA.
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OREA Introduces New Industry-leading Benefits Program For All Ontario REALTORS®
The new Ontario REALTOR® Wellness Program will provide a safety net to support Members during challenging times.
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Passage of Bill 97 - Helping Homebuyers, Protecting Tenants Act - Statement from OREA CEO Tim Hudak
The new legislation aims to create more Ontario homeowners, protect renters, and encourage more quality rental supply.
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Impressions of Bonnie Crombie, PC Party, and Quality of Life
7 in 10 Mississauga residents say quality-of-life in the city is good or excellent but say more could be done to address housing affordability.
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OREA Statement on the Helping Homebuyers, Protecting Tenants Act
Ford government plan to protect and support Ontario’s homebuyers and tenants is key step towards solving affordability crisis.
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Statement from OREA CEO Tim Hudak on Unreserved.com Inc. Dismissing Lawsuit
OREA has repeatedly called for the elimination of an outdated loophole that exempts auctioneers from registration or licensing requirements.
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Cooling-Off Period for New Freehold Homes Will Improve Balance in Pre-Construction Buying and Selling Process
OREA supports the Ford Government’s announcement to launch consultations on increased consumer protections for new freehold buyers.
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Improving Access to Housing for Diverse Communities a Highlight of 2023 Federal Budget
Improving Access to Housing for Diverse Communities a Highlight of 2023 Federal Budget
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Statement on the Delayed Implementation of Phase 2
Statement on the Delayed Implementation of Phase 2
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2023 Ontario Spring Budget
Building on the Provincial Government’s mission to create economically thriving and vibrant communities.
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New data reinforces need to go further on increasing housing supply
While prices are down nationally, in Ontario they are up almost 7% year-over-year with the average price of a home coming in at $932,000 in 2022.
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OREA Statement Regarding Auditor General Report
TRESA replaced the decades-old Real Estate and Business Act, 2002 (REBBA).
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Increases to Non-Resident Speculation Tax
As of October 25, 2022, the NRST rate will be increased from 20% to 25% and continues to apply to all regions of the province.
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Ontario On-Track to Becoming Most Pro-Housing Jurisdiction in Canada with New Bill
The More Homes Built Faster Act, 2022 is just what the doctor ordered when it comes to getting more homes for families built faster.
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Bringing Transparency to Real Estate
New rules that will allow home buyers to see info about other offers being made on a home, provided the seller and other parties consent.
We Advocate for You
OREA works to reduce barriers to home ownership and improve equitable access to housing in Ontario.
Through advocacy efforts and meeting with provincial leaders, OREA lobbies for REALTOR® issues that affect Ontario. Learn more about the recommendations we've presented to Queen's Park on Condominium Regulations, the Trust in Real Estate Services Act, tax fairness, personal real estate corporations (PRECs), and our plan to help future generations of young Ontarians achieve home ownership.
Member Benefits
SAVE ON EXPENSES
We've partnered with service providers you use on a daily basis so you can bring more money home. Access cost savings and benefits exclusive to OREA Members.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
OREA AI Assistant
The information you provided seems to revolve around the Ontario Real Estate Association (OREA) and its involvement in various aspects of real estate in Ontario, Canada. OREA, established in 1922, supports Ontario REALTORS® in their professional endeavors, focusing on issues like housing affordability, government policies affecting real estate, and initiatives to aid both homebuyers and tenants. Here’s a breakdown of the concepts mentioned in the article:
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Ontario REALTOR® Wellness Program: OREA introduced this program to provide support and assistance to its members during challenging times, emphasizing the well-being of Ontario REALTORS®.
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Member Benefits: OREA offers exclusive benefits and cost-saving opportunities to its members through partnerships with various service providers.
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Legal Resources: OREA provides legal resources and support to its members, likely related to real estate laws, regulations, and compliance.
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Media Room: This section appears to contain updates, statements, and news related to the real estate industry in Ontario, including comments from OREA's CEO Tim Hudak on government policies, housing affordability, and initiatives affecting the real estate market.
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Standard Forms: OREA seems to offer standardized forms and resources related to real estate transactions for its members.
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Advocacy: OREA engages in advocacy efforts, lobbying for REALTOR® issues affecting Ontario, such as condominium regulations, Trust in Real Estate Services Act (TRESA), tax fairness, and initiatives supporting young Ontarians in achieving homeownership.
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Trust in Real Estate Services Act (TRESA): This act appears to be a significant legislative framework that governs real estate services in Ontario. OREA seems to be actively involved in its implementation and possibly provides guidance or recommendations related to it.
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Upcoming Events: OREA hosts events like conferences, networking opportunities, and volunteer initiatives to engage its members and keep them informed about industry developments.
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Young Professionals Network: OREA seems to have a network or program dedicated to supporting and empowering young professionals entering the real estate industry.
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OREA AI Assistant: This might be an AI-based tool or assistant developed by OREA to provide guidance, information, or assistance to its members.
These elements collectively portray OREA’s commitment to supporting Ontario REALTORS® by addressing key issues in the real estate industry, advocating for their interests, providing resources, and facilitating professional development opportunities.
