Blog
CDREB Proudly Supports Habitat for Humanity Cornwall
CDREB President Troy Vaillancourt and President-Elect Vicki VanderVeen (left) presented a $3000 cheque to Habitat for Humanity Cornwall yesterday. The grant, provided by The Ontario REALTORS Care® Foundation and the Cornwall and District Real Estate Board, was...
New Data Reinforces Need to Go Further on Increasing Housing Supply
The release of new real estate market data from the Canadian Real Estate Association (“CREA”) today shows why Ontario policy makers should stay the course on taking bold action to save the Canadian dream of home ownership by increasing housing supply. While prices are...
Cornwall and District Real Estate Board MLS® home sales post lower totals in 2022 as year finishes on a subdued note
The number of homes sold through the MLS® System of the Cornwall and District Real Estate Board totaled 56 units in December 2022. This was a sharp decrease of 30.9% from December 2021. Home sales were 13.6% below the five-year average and 7.3% below the 10-year...
B.C. homebuyers now have a 3-day cooling off period. Should Ontario have one too?
British Columbia has become the first province to require a three-day cooling-off period for buyers after they've signed a contract to purchase a home. The move will give added protections when making such a large purchase and help buyers avoid high pressure sales...
Canadian Home Prices Continue to Drop, Slip Further 1% in November
Canadian home prices continued their downward trajectory in November, sliding another 0.98% from the month prior, says the Canadian Real Estate Association (CREA). The average national home price hit $632,802 last month, which also marked a 12% decline from the same...
Cornwall and District MLS® home sales continue downward trend in November
The number of homes sold through the MLS® System of the Cornwall and District Real Estate Board totaled 73 units in November 2022. This was a decline of 45.9% from November 2021. Home sales were 36.3% below the five-year average and 31.9% below the 10-year average for...
STOREYS’ 2022 Real Estate Newsmaker of The Year: Doug Ford
From controversial housing plans to strong mayor powers to billions of dollars in new highway investments, Premier Doug Ford earned his fair share of development-related headlines this year, making him STOREYS’ 2022 Real Estate Newsmaker of The Year. Ford began 2022...
OREA Statement Regarding Auditor General Report on the Real Estate Council of Ontario
"The biggest financial transaction of one’s life – buying or selling a home – deserves the expertise of a REALTOR® with the highest professional standards, and that is what the Ontario Government delivered when it passed the Trust in Real Estate Services Act (TRESA)...
Bill Clinton is still one of the great political storytellers
President Bill Clinton sat down for more than hour for a conversation at the Ontario Real Estate Association’s special 100th-anniversary get-together at Exhibition Place last week. Click here to read all about it.