Blog
Hudak: Ontario must close the loopholes for real estate auction companies
When it comes to buying and selling your home, the stakes are high. Young families use their life savings to scrape together a down payment while seniors put decades worth of hard-earned home equity in the hands of trusted real estate professionals. The government’s...
Goodbye Blind Bidding? Ontario to Allow Home Buyers to See Other Offer Prices
The Ontario government is bringing forward new regulations, set to take effect next year, that would allow home buyers to see all competing offer prices — but only if the seller agrees. The new open bidding option would begin next April, the province confirmed. Under...
Real Estate with Howard Drukarsh Short Cast featuring Tim Hudak
Tim Hudak CEO of OREA speaks about the latest federal budget as it relates to housing and gives his take on the foreign buyer's tax, banning foreign buyers, and increasing the housing supply.Click here to listen.
Cornwall and District MLS® home sales post strong March despite lack of supply
The number of homes sold through the MLS® System of the Cornwall and District Real Estate Board totaled 141 units in March 2022. This was down sharply by 25.4% from March 2021. Home sales were 11.7% above the five-year average and 17.6% above the 10-year average for...
CDREB’s March 2022 Housing Market Update
Federal budget to include $10B housing plan, $8B for defence
Housing affordability is going to be a main feature of tomorrow’s federal budget, CTV News has learned, including moving to make it illegal for foreigners to buy any residential properties in Canada for the next two years. The government is set to follow through on a...
Finding the Missing Middle in Unexpected Places: Cornwall, Ontario’s Permissive Zoning
Cornwall, Ontario stands out as a rare example of a city that by and large has always allowed a diversity of housing types to be built within the majority of its residentially zoned land. What can other cities learn from Cornwall, and how should its tangible example...
CDREB’s March 2022 MLS® Snapshot Statistics
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.