Welcome back to Broker's Playbook! In this episode, host Simeon Papailias sits down with Tim Hudak, CEO of the Ontario Real Estate Association (OREA), North America's largest real estate association with nearly 100,000 members. This insightful discussion dives deep into the pressing issues facing the Canadian real estate market, particularly housing affordability and the evolving professional standards within the industry.

🔹 In This Episode:

1. Housing Affordability Crisis: Tim Hudak addresses the current state of housing affordability in Ontario and Canada. Discover the challenges and potential solutions to this growing concern.
2. Government Disconnect: Tim discusses the misalignment between government policies and the actions of key regulatory bodies, including the Bank of Canada and the Canadian Mortgage and Housing Corporation (CMHC).
3. Professional Standards: Learn about the changes brought by TRESA (Trust in Real Estate Services Act) and how it aims to enhance the professionalism and integrity of real estate practitioners in Ontario.
4. Future Outlook: Tim shares his optimistic view on overcoming current market challenges and the future direction of the real estate industry.

Tune in to hear Tim’s expert analysis and strategic insights on these critical topics affecting the real estate landscape in Canada.

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