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New Home Ownership Index launched in Ontario

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The Ontario Real Estate Association (OREA) announced today the creation of the Ontario Home Ownership Index which is a province-wide research survey conducted by a leading global polling firm, Ipsos Reid, that will assist in understanding the public’s views on the Real Estate market across the province.

Ontario Home Ownership Index

Pulse of Real Estate in Ontario

Public opinion polling will be conducted twice per year to keep the index up to date. The benchmark poll was conducted in the fall of 2013.

Key findings in the initial release of the index include:

  • 89% feel that it is better to own than rent in the long run
  • 82% feel that Real Estate is a good investment
  • 34% predict a stronger market for next year

To learn more about the Ontario Home Ownership Index and the methodology read OREA’s press release.

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Originally published on July 10, 2014

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Written by Brandon Buller

Husband. Dad. Award-winning Real Estate Broker and Luxury Property Specialist with the Buller Real Estate Group at Keller Williams Edge Realty based in Burlington, Ontario, Canada.