August 1, 2023
The Government of Ontario has introduced the second phase of TRESA regulations (“Phase 2”) and the new legislation will come into force on December 1, 2023. OMDREB REALTORS® and brokerages will need to understand how to incorporate the changes in Phase 2 into their businesses. Below you will find comprehensive information and helpful resources that outline the changes in greater detail.July 27, 2023
We understand that having a robust MLS® database with as many listings as possible is imperative to you, and one of the biggest benefits of your OMDREB membership. That’s why as of July 24, we are offering FREE interboard listings to out-of-Board REALTORS®. Interboarding is used by non-members to advertise their listings on the ITSO MLS® System to 20,000 REALTORS® at 18 different Associations and, more importantly, better serve their clients.July 19, 2023
On July 19, the Real Estate Council of Ontario (RECO) released a public advisory regarding Hussnain Team P.R.E. Corporation, & Hussnain Hameed.July 7, 2023
According to figures released July 6 by The Oakville, Milton and District RealvEstate Board (OMDREB), the number of all property sales reported by OMDREB REALTORS® increased 20.1 percent for Single Family homes and 8.3 percent for Townhouse/Condo homes compared to June 2022. Median Sales Price increased 2.4 percent to $1,415,500 for Single Family homes but remained flat for Townhouse/Condo homes.June 19, 2023
The Oakville, Milton and District Real Estate Board’s annual Scholarship Awards Ceremony recognizes the talented students and winners of the OMDREB Annual Scholarship. This year's Awards Ceremony was held the evening of Wednesday, June 14, 2023.June 8, 2023
According to figures released June 6 by The Oakville, Milton and District RealEstate Board (OMDREB), the number of all property sales reported by OMDREB REALTORS® decreased 6.6 percent for Single Family homes but increased 14.7 percent for Townhouse/Condo homes compared toMay 2022. Median Sales Price increased 1.5 percent to $1,500,000 for Single Family homes but decreased 3.3 percent to $869,950 for Townhouse/ Condo homes.May 10, 2023
According to figures released May 9 by The Oakville, Milton and District Real Estate Board (OMDREB), the number of all property sales reported by OMDREB REALTORS® increased 1.8 percent for Single Family homes but decreased 2.9 percent for Townhouse/Condo homes compared to April 2022. Median Sales Price decreased 11.8 percent to $1,455,000 for Single Family homes and 7.0 percent to $846,000 for Townhouse/Condo homes.April 6, 2023
According to figures released April 6 by The Oakville, Milton and District Real Estate Board (OMDREB), the number of all property sales reported by OMDREB REALTORS® decreased 37.4 percent for Single Family homes and 29.2 percent for Townhouse/Condo homes compared to March 2022.March 30, 2023
This week, Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland tabled the second budget of the 44th parliamentary session, “A Made-in-Canada Plan”.March 28, 2023
Real estate practitioners and members of the public may have seen the recent communications from the Real Estate Council of Ontario (RECO) and the Ontario Real Estate Association (OREA) about delaying the implementation of Phase 2 of TRESA
