Ontarians Say the Foreign Speculation Tax on Housing Was a Good Idea
June 13, 2017 07:00 ET
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Ontario Real Estate Association;Ontario Home Builders' Association;Federation of Rental-Housing Providers of Ontario
TORONTO, ON--(Marketwired - June 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...
More Than 8-in-10 Ontarians Want to See Home Affordability in Party Platforms in the 2018 Election
June 12, 2017 08:06 ET
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Ontario Real Estate Association;Ontario Home Builders’ Association;Federation of Rental-Housing Providers of Ontario
TORONTO, ON--(Marketwired - June 12, 2017) - Ontario political parties should address home affordability in their 2018 election platforms, according to 85% of Ontarians in new research conducted by...
Ontario Realtors One Step Closer to Achieving Tax Fairness
March 23, 2017 16:39 ET
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Ontario Real Estate Association
TORONTO, ON--(Marketwired - March 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,...
Housing Sector Calls on Queen's Park to Take Immediate Action to Address Home Affordability
March 06, 2017 07:10 ET
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Ontario Real Estate Association;Ontario Home Builders' Association
TORONTO, ON--(Marketwired - March 06, 2017) - Population growth and a strong economy in the Greater Toronto and Hamilton Area (GTHA) have created a high demand housing market where housing supply is...
OREA Calls On Government To Strike Affordable Home Ownership Task Force
January 18, 2017 16:09 ET
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Ontario Real Estate Association
TORONTO, ON--(Marketwired - January 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, the...
Ontario's first-time home buyers catch a break with Land Transfer Tax rebate
January 17, 2017 08:00 ET
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Ontario Real Estate Association
TORONTO, ON--(Marketwired - January 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...
OREA to Mayor John Tory: "Make Toronto More Affordable for Young Families"
January 10, 2017 10:40 ET
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Ontario Real Estate Association
TORONTO, ON--(Marketwired - January 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...
First-time buyers delaying home ownership on account of new mortgage rules, OREA research shows
January 06, 2017 12:50 ET
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Ontario Real Estate Association
TORONTO, ON--(Marketwired - January 06, 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...
Desire for detached homes growing in Ontario, new research from OREA shows
December 28, 2016 07:00 ET
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Ontario Real Estate Association
TORONTO, ON--(Marketwired - December 28, 2016) - Half of Ontarians in the market to buy a home in the next two years say they are looking for a detached house, up 13 points from a year ago, shows new...
Ontario Real Estate Outlook Remains Strong Heading into Winter Season
December 20, 2016 07:00 ET
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Ontario Real Estate Association
TORONTO, ON--(Marketwired - December 20, 2016) - Perceptions of real estate markets in Ontario remain strong heading into the winter season as the Ontario Home Ownership Index edges to an all-time...