Former OREA President Ray Ferris Talks More Homes For Everyone Act
Premier Doug Ford spoke at the Ontario Real Estate Association conference last week regarding the act, and former OREA president Ray Ferris was in attendance.Click here to listen.
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Ford government boosts foreign homebuyer tax to 20%, applying it provincewide
Ontario is increasing a tax on non-resident homebuyers to 20 per cent and expanding it to cover the whole province. The government said the changes set to take effect Wednesday are part of its action plan on housing. "Our government is working to increase supply and...
Home Sales Forecast to Ease but Remain Historically Strong in 2022-2023
The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate boards and associations in 2022 and extended the forecast into 2023.Click here to read.
Canada’s first federal housing advocate, Ottawa’s Marie-Josée Houle, has her work cut out for her
When it comes to housing advocacy, Ottawa’s Marie-Josée Houle has just been handed the loudest microphone of her career…The job allows Houle to request reviews of systemic housing issues, make public recommendations to the federal minister on policy and programs, and...
The pros and cons of buying a new build or an existing home
When it comes to choosing whether to buy a brand new home or one on the resale market, keep in mind that there are advantages and disadvantages to each choice. Either way, be sure to do your homework with professionals. “It’s really all in the eyes of the buyer,...
Ontario REALTORS® Donate $100,000 to Support Ukraine Relief Efforts
To support the relief efforts in Ukraine, the Ontario REALTORS Care® Foundation (ORCF) announced today that it is donating $100,000 to the Canadian Red Cross through the Canadian Real Estate Association REALTORS Care® campaign. “As the humanitarian crisis in Ukraine...
Cornwall and District Real Estate Board MLS® home sales rise to new February record
The number of homes sold through the MLS® System of the Cornwall and District Real Estate Board totaled 124 units in February 2022. This increased by 4.2% (five sales) from February 2021. This was also a new sales record for the month of February. Home sales were...
CDREB’s February 2022 Housing Market Update
Rental options wane as prices rise in Cornwall and area
The recent notices sent to renters of Cumberland Gardens has shaken the community and invigorated further discussion about the lack of rental units available in our area. President of the Cornwall and District Real Estate Board Troy Vaillancourt said he has never seen...
Get Set for a Headline-grabbing Spring Market
On Tuesday, February 15, the Canadian Real Estate Association (CREA) released its national housing statistics for the month of January 2022. Below, CREA’s Senior Economist Shaun Cathcart provides an update on the current state of housing markets in Canada and explains...