Ontario Real Estate Association

Statement by Ontario Real Estate Association CEO Tim Hudak on “Canada’s Housing Plan”

Retrieved on: 
Friday, April 12, 2024
Federal budget, Federation, Ontario Real Estate Association, Federal

TORONTO, April 12, 2024 (GLOBE NEWSWIRE) -- “Today, the Federal Government announced Canada’s Housing Plan, ahead of the 2024 Federal Budget.

Key Points: 
  • TORONTO, April 12, 2024 (GLOBE NEWSWIRE) -- “Today, the Federal Government announced Canada’s Housing Plan, ahead of the 2024 Federal Budget.
  • The Ontario Real Estate Association (OREA) joins the Canadian Real Estate Association in commending Prime Minister Trudeau and Minister of Housing, Infrastructure and Communities Sean Fraser for the measures in this Plan aimed at ensuring critical land, infrastructure, and zoning reforms occur to get more homes built.
  • As families look for a great place to lay down their roots, their budget shouldn’t be contingent on whether they’re purchasing a newly built or pre-owned home.
  • In the middle of a housing affordability crisis, many Ontario families, not just first-time homebuyers, would benefit from the relief of 30-year amortizations on their mortgages.

The Ontario Real Estate Association Announces New 2024 President and Board of Directors

Retrieved on: 
Wednesday, March 6, 2024
Education, Ontario Real Estate Association, Provincial, Housing

TORONTO, March 06, 2024 (GLOBE NEWSWIRE) -- The Ontario Real Estate Association (OREA) has announced that Oakville-based real estate broker, Rick Kedzior, has assumed the role of President of OREA.

Key Points: 
  • TORONTO, March 06, 2024 (GLOBE NEWSWIRE) -- The Ontario Real Estate Association (OREA) has announced that Oakville-based real estate broker, Rick Kedzior, has assumed the role of President of OREA.
  • The announcement follows the Association’s Annual General Meeting on March 5, 2024.
  • In this capacity, Mr. Kedzior will be representing Ontario’s nearly 100,000 REALTORS® on the 2024 OREA Board of Directors.
  • “I’m honoured to be taking on the important role of OREA President in 2024 and I look forward to working with our REALTOR® Members and Member Boards to improve the real estate profession today and for the future,” said Mr. Kedzior.

Change the Real Estate Game at the REALiTY 24 Conference

Retrieved on: 
Wednesday, February 28, 2024
Name, Marketing, Shaw Centre, Reality, Ontario Real Estate Association

OTTAWA, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Don’t just play the game – change it!

Key Points: 
  • OTTAWA, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Don’t just play the game – change it!
  • Hosted by the Ontario Real Estate Association (OREA), REALiTY 24 is essential viewing for fans of real estate and any REALTOR® looking to stay ahead in the competitive real estate market.
  • “With over 30 of the biggest names in real estate, marketing, and technology, REALiTY will be the place to be to elevate your career as a REALTOR®,” said OREA CEO Tim Hudak.
  • “We’re thrilled to have some of the best real estate and business coaches taking stage to share their perspectives and innovative strategies to set your business apart from the rest.”

New OREA Report Calls for Bold Action to Build Homes

Retrieved on: 
Thursday, February 1, 2024
Policy, Growth, Provincial, Housing, NIMBY, Government, Government of Ontario, Ontario Real Estate Association, Water, Foot, Ford, Real, Analysis, Renewable energy

The report, Analysis of Ontario’s Efforts to Boost Housing Supply analyzes the Government of Ontario’s efforts to increase housing supply and assesses progress made to date to implement the 55 recommendations made in the HATF’s 2022 report , with the goal of adding 1.5 million new homes in the province by 2031.

Key Points: 
  • The report, Analysis of Ontario’s Efforts to Boost Housing Supply analyzes the Government of Ontario’s efforts to increase housing supply and assesses progress made to date to implement the 55 recommendations made in the HATF’s 2022 report , with the goal of adding 1.5 million new homes in the province by 2031.
  • Ontario has set a bold goal to address the housing affordability crisis, and while there has been substantial progress, we need to continue getting more shovels in the ground and bring more homes to market.
  • While initial legislative reforms were commendable — aligning official plans with provincial priorities, encouraging growth, and ensuring short-term land is available for homes — momentum has recently slowed due to high interest rates that are working against reforms.
  • Implementing land use changes to end exclusionary zoning, in order to unlock more housing supply in urban neighbourhoods.

Housing affordability now a ‘Top Priority’ for over half of Ontarians

Retrieved on: 
Thursday, December 14, 2023
Quality of life, Government, House, Housing, Ontario Real Estate Association, MPP, Ford, Food, Abacus Data, Nursing

This represents a 16% increase since June 2021, indicating Ontarians are becoming increasingly concerned about housing affordability despite Government action.

Key Points: 
  • This represents a 16% increase since June 2021, indicating Ontarians are becoming increasingly concerned about housing affordability despite Government action.
  • “For most of Canadian history, it was a given that every generation had a better shot at homeownership than the last.
  • Homeownership fostered vibrant and stable communities and was foundational to a great quality of life,” said OREA CEO Tim Hudak.
  • However, more action can – and should – be taken to increase supply and improve housing affordability.

Canada’s best political affairs conference returns with OREA Power House Conference

Retrieved on: 
Thursday, November 16, 2023
Green Party, Politics, Ontario Real Estate Association, Policy, Former, House, Westin Harbour Castle Hotel, Conference, Abacus Data, Trust, Legislative Assembly of Ontario, OREA, Green Party of Ontario, Housing, NDP, Name, Legislation, Property management

TORONTO, Nov. 16, 2023 (GLOBE NEWSWIRE) -- The best political affairs conference in Canada is returning with some of the biggest names in politics, real estate, and media.

Key Points: 
  • TORONTO, Nov. 16, 2023 (GLOBE NEWSWIRE) -- The best political affairs conference in Canada is returning with some of the biggest names in politics, real estate, and media.
  • Boris Johnson, Former Prime Minister of the United Kingdom, will be headlining Power House discussing all things politics and housing policy with OREA CEO Tim Hudak.
  • “Power House is Canada’s best political affairs conference and this year is no exception,” said OREA CEO Tim Hudak.
  • For more information about Power House Conference, please contact:

John Reza Parsiani and Bozana Cavar Join The Exclusive Haute Residence Real Estate Network

Retrieved on: 
Tuesday, October 31, 2023
Aston, Knowledge, Aston Martin Residences, Landmark (hotel and casino), Aria on the Bay, Thought, Family, Life, Business development, Ontario Real Estate Association, Marianne Weems, Dream, Network, Business, Bay, Landmark Hotel, MIAMI, Real estate, Drug

MIAMI BEACH, Fla., Oct. 31, 2023 /PRNewswire-PRWeb/ -- John Reza Parsiani, Founder / Broker Owner, Parsiani Real Estate A 20+ year resident of Miami, Mr. Parsiani is actually a global citizen, having lived in 5 different countries across three continents and traveled to more than 65+ countries worldwide. This has no doubt contributed to his out-of-the-box thinking and unique ability to connect to and bring together people from all walks of life through win-win scenarios. John also speaks 4-languages and has family in Asia, Europe, Scandinavia, and the Americas. All of this makes John Reza Parsiani uniquely well-versed in understanding the needs of Miami's top developers, represented by Parsiani Real Estate, as well as the buying, leasing, and selling needs of his discerning clients from across the globe.   Mr. Parsiani is an expert on new developments and is currently leading the sales at the Tallest Waterfront Twin-Towers in the United States, Aria Reserve Miami, a 1.7 Billion dollar New Development coming to Miami! His extensive experience includes his position as Senior Sales Executive at the world's first and only Aston Martin Residences, Aria On The Bay, and Sales Director at Natiivo Miami. He is also an active member of the Forbes Real Estate Council and Master Brokers Forum and is the Senior Sales Executive at Aria On The Bay. Mr. Parsiani served in the role of Vice President of Business Development at Cervera Real Estate -one of the largest developer representatives in the State of Florida with over 4 billion dollars in exclusive listings, and previously as the Director of Sales in charge of Cervera's flagship Miami office, as well as a Luxury Sales Specialist focused on residential properties throughout Miami, Fort Lauderdale, and Palm Beach ranging from $2 million to over $50 million. Mr. Parsiani also served on the Miami Board of Directors for the Asian Real Estate Association of America (AREAA), which remains the largest Asian association in North America with 34 chapters and over 17,000 members across U.S. 10-times Top Producer of the Year winner 2014-2023, and winner of the prestigious Builders Association of South Florida's Best award as The Sales Executive of the year.

Key Points: 
  • Acclaimed real estate agents John Reza Parsiani and Bozana Cavar accept the invitation to Haute Residence's invite-only Network.
  • John and Bozana are two of the exclusive agents representing the luxury real estate market in Miami Beach, FL.
  • Bozana Cavar is a highly experienced, multilingual real estate professional specializing in global luxury markets spanning residential and commercial acquisitions.
  • Visit John Reza Parsiani and Bozana Cavar's Haute Residence Profile: https://www.hauteresidence.com/member/john-reza-parsiani-and-bozana-cavar/

Canada’s Existing Immigration Plans Can Help Remedy Residential Construction Woes

Retrieved on: 
Monday, October 16, 2023
Ontario Real Estate Association, Government, Conference Board of Canada, British Columbia Real Estate Association, Government of Canada, Education, The Conference Board, Policy, Hudák, Conference, Occupation, Research, Housing, Real estate

OTTAWA, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Immigration programs can address labour shortages in the residential construction sector and support Canada reaching its residential construction goals, according to new research from The Conference Board of Canada .

Key Points: 
  • OTTAWA, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Immigration programs can address labour shortages in the residential construction sector and support Canada reaching its residential construction goals, according to new research from The Conference Board of Canada .
  • “Allocating a small number of immigration places within the existing Immigration Levels Plan to occupations that are core to residential construction could mitigate labour shortages and advance the building of new homes.”
    The report outlines five recommendations policymakers can take that would improve Canada’s immigration system and address the housing crisis by enabling skilled residential construction workers to enter the country and immediately begin contributing to the sector.
  • Many occupations in the trades, including those needed for residential construction, are eligible for economic immigration programs.
  • Canada’s residential construction industry is projected to grow 15 per cent by 2030, according to The Conference Board of Canada.

Canada’s Existing Immigration Plans Can Help Remedy Residential Construction Woes

Retrieved on: 
Monday, October 16, 2023
Ontario Real Estate Association, Government, Conference Board of Canada, British Columbia Real Estate Association, Government of Canada, Education, The Conference Board, Policy, Hudák, Conference, Occupation, Research, Housing, Real estate

Ottawa, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Immigration programs can address labour shortages in the residential construction sector and support Canada reaching its residential construction goals, according to new research from The Conference Board of Canada .

Key Points: 
  • Ottawa, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Immigration programs can address labour shortages in the residential construction sector and support Canada reaching its residential construction goals, according to new research from The Conference Board of Canada .
  • “Allocating a small number of immigration places within the existing Immigration Levels Plan to occupations that are core to residential construction could mitigate labour shortages and advance the building of new homes.”
    The report outlines five recommendations policymakers can take that would improve Canada’s immigration system and address the housing crisis by enabling skilled residential construction workers to enter the country and immediately begin contributing to the sector.
  • Many occupations in the trades, including those needed for residential construction, are eligible for economic immigration programs.
  • Canada’s residential construction industry is projected to grow 15 per cent by 2030, according to The Conference Board of Canada.

TRREB: High Interest Rates Impacting the Market, but Population Growth Will Soon Spur Demand

Retrieved on: 
Wednesday, October 4, 2023
Benchmark, Housing, GTA, Bank of Canada, Government, CREA, City, Toronto City Council, Composite, Ontario Real Estate Association, Toronto Regional Real Estate Board, HPI, Bank, Real estate

In the short term, the consensus view is that borrowing costs will remain elevated until mid-2024, after which they will start to trend lower.

Key Points: 
  • In the short term, the consensus view is that borrowing costs will remain elevated until mid-2024, after which they will start to trend lower.
  • This suggests that we should start to see a marked uptick in demand for ownership housing in the second half of next year, as lower rates and record population growth spur an increase in buyers,” said TRREB President Paul Baron.
  • REALTORS® reported 4,642 home sales through TRREB’s MLS® System in September 2023 – down 7.1 per cent compared to September 2022.
  • This could help offset the impact of high borrowing costs,” said TRREB Chief Market Analyst Jason Mercer.