TORONTO – Heading into the winter of 2017, Ontario residents are feeling even more confident about their real estate markets than they did at the height of the summer market. The Ontario Real Estate Association (OREA)’s Home Ownership Index – a measure that reflects Ontarians’ “overall views of the residential real estate market” – rose […]
Double-Ending in Ontario Real Estate: A Primer
GREATER TORONTO – Double-ending has been a trending term in recent months, perhaps triggered by a recent CBC Marketplace episode that caught several GTA real estate sales representatives bending (or outright breaking) rules around multiple-offer scenarios. Here at GTA Real Estate News, we do our best to provide our readers with the knowledge to protect themselves from […]
“Gen Y” Canadians Focused on Home Ownership: OREA
TORONTO – South of the border, much analysis has been done on the home ownership aspirations of “Generation Y” (also known as “millennials”) – a group that the Ontario Real Estate Association (OREA) defines as having been born between 1981 and 1995. Thanks to new poll results released by OREA on August 3, we now […]
Confidence in Ontario Real Estate Market Growing: OREA
TORONTO – Since Ipsos and the Ontario Real Estate Association (OREA)’s last Home Ownership Index poll six months ago, Ontario residents’ outlook on real estate appears to have grown even brighter, with the latest version showing increased confidence among Ontarians – especially at the neighbourhood level. Polled between May 31 and June 2, 2016, 50 […]
OREA Poll Shows Increased Confidence in GTA Housing Market
TORONTO – After a record-breaking 2015 that saw major local increases in not only GTA real estate sales activity, but the average selling price of Toronto area homes, many area home buyers are – perhaps unsurprisingly – feeling positive about prospects for the area’s real estate market in 2016. According to the newly-released results of […]
Incoming Regulations Aim to Make Bidding Wars More Transparent
TORONTO – Across Ontario, “bidding wars” have become an increasingly common experience for real estate buyers – especially those in competitive markets like Greater Toronto. Set to take effect on July 1, 2015, a set of key changes to the Real Estate and Business Brokers Act, 2002 (REBBA) will aim to increase the transparency of […]
Career Series: the ABCs of Ontario Real Estate
GTA REAL ESTATE – When you become a real estate sales representative in Ontario, your brokerage isn’t the only organization you’ll be dealing with. Some of them – like the Ontario Real Estate Association (OREA) – you have already likely encountered to get your real estate license. Nearly all of them are generally referred to […]