The Ontario Home Ownership Index

February 25, 2016 - Updated: February 25, 2016

By the Ontario Real Estate Association (OREA)

This is what Ontarians revealed about home ownership and the real estate market in a recent survey by the Ontario Real Estate Association:

 

To read a copy of the full Ipsos Reid factum, visit www.ipsos-na.com/news-polls/pressrelease.aspx?id=7114


Methodology

These are some of the findings of an Ipsos Reid poll conducted between October 30 and November 2, 2015 on behalf of the Ontario Real Estate Association. For this survey, a sample of 1,001 Ontarians from Ipsos' Canadian online panel was interviewed online. Weighting was then employed to balance demographics to ensure that the sample's composition reflects that of the adult population according to Census data and to provide results intended to approximate the sample universe. The precision of Ipsos online polls is measured using a credibility interval. In this study, the poll is accurate to within +/-3.5 percentage points had all adults in Ontario been surveyed.


About The Ontario Home Ownership Index

The Ontario Home Ownership Index is designed to reflect Ontarians’ overall views of the residential real estate market in Ontario, and incorporates measures such as Ontarians’ perceptions of whether the market in their neighbourhood, city, and Ontario, respectively, have improved or worsened in the last year and looking ahead into the future, whether home ownership is important to them and whether it is a good investment in the long-term. The first wave of the index, conducted in the fall 2013, was set to a baseline of 100 points.


About the Ontario Real Estate Association

The Ontario Real Estate Association represents 62,000 brokers and salespeople who are members of the 40 real estate boards throughout the province. OREA serves its REALTOR® members through a wide variety of professional publications, educational programs, advocacy, and other services. www.OREA.com


For more information, or to schedule an interview, contact:

Katarina Markovinovic
Ontario Real Estate Association
(416) 445-9910 ext. 615
katarinam@orea.com


Tagged with: the ontario home ownership index ontario real estate association orea market stats advice update royal lepage terrequity real estate toronto gta article
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