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Ontario Realtors One Step Closer to Achieving Tax Fairness
March 23, 2017 16:39 ET | 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,...
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Housing Sector Calls on Queen's Park to Take Immediate Action to Address Home Affordability 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...
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OREA Calls On Government To Strike Affordable Home Ownership Task Force
January 18, 2017 16:09 ET | 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...
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Ontario's first-time home buyers catch a break with Land Transfer Tax rebate
January 17, 2017 08:00 ET | 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...
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OREA to Mayor John Tory: "Make Toronto More Affordable for Young Families"
January 10, 2017 10:40 ET | 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...
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First-time buyers delaying home ownership on account of new mortgage rules, OREA research shows
January 06, 2017 12:50 ET | 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...
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Desire for detached homes growing in Ontario, new research from OREA shows
December 28, 2016 07:00 ET | 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...
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Ontario Real Estate Outlook Remains Strong Heading into Winter Season
December 20, 2016 07:00 ET | 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...
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Increased Home Buyer Tax Will Put Home Ownership Further out of Reach for Young Families
December 01, 2016 06:00 ET | Ontario Real Estate Association
TORONTO, ON--(Marketwired - December 01, 2016) - 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)....
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Premier Wynne meets with Ontario Realtors to discuss housing affordability
November 22, 2016 21:53 ET | Ontario Real Estate Association
TORONTO, ON--(Marketwired - November 22, 2016) - The Ontario Real Estate Association (OREA) and the Toronto Real Estate Board (TREB) met with Premier Kathleen Wynne today to discuss housing...