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OMDREB COMMENDS FEDERAL GOVERNMENT ON ITS HOUSING-FOCUSED FALL FISCAL UPDATE
November 21, 2023
For years, The Oakville, Milton and District Real Estate Board (OMDREB) has called for numerous changes to the mortgage stress test through conversations with Members of Parliament, on behalf of members and their clients. OMDREB commends the federal government on listening to industry stakeholders and partners, as shown through the release of the Fall Economic Statement earlier today, which includes a new Canadian Mortgage Charter. CONTINUE
OCTOBER 2023 MARKET REPORT
November 7, 2023
According to figures released November 6 by The Oakville, Milton and District Real Estate Board (OMDREB), the number of all property sales reported by OMDREB REALTORS® sales decreased 18.4 percent for Single Family homes and 16.5 percent compared to October 2022. Median Sales Price increased 6.0 percent to $1,405,000 for Single Family homes and 5.1 percent to $825,000 for Townhouse/Condo homes. The total number of new property listings increased 35.3 percent for Single Family homes and 15.1 percent for Townhouse/Condo homes compared to this time last year. CONTINUE
PROVINCE REMOVING THE FULL PROVINCIAL PORTION OF HST ON QUALIFYING NEW PURPOSE-BUILT RENTAL HOUSING
November 2, 2023
The Ontario government is taking steps to remove the full eight per cent provincial portion of the Harmonized Sales Tax (HST) on qualifying new purpose-built rental housing in order to get more rental homes built across the province. CONTINUE

RECENT BLOG ENTRIES

Candidate Profiles: 2024 Board of Directors

November 15, 2023

Join us in welcoming fellow members who have put their name forward to drive innovation, strategy, and excellence at The Oakville, Milton and District Real Estate Board!

What's the latest on TRESA?

November 2, 2023

TRESA is replacing the Real Estate and Business Brokers Act (REBBA) and phase two of the new regulations will come into force on December 1, 2023.

Collectively we can all #EmbraceEquity on International Women's Day 2023

February 28, 2023

The Oakville, Milton and District Real Estate Board (OMDREB) is proud to support Halton Women's Place as the 2023 President's Charity. We are honoured to recognize them, the work they do, and the support they provide for women in the Halton Region. OMDREB's fundraising efforts for 2023 will directly benefit Halton Women’s Place, including the OMDREB Annual Charity Golf Tournament being held on Tuesday, September 12 at Piper’s Heath Golf Club.

PRESIDENT'S CHARITY

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