The Ontario Real Estate Association (OREA) is hard at work for you, in ways you might not even know about.
In the Lakeland Association of Realtors which covers Orillia and Muskoka, there is a great need for more housing opportunities. Inventory levels are at an all-time low which is driving prices up to record highs. However, we live in an area of great opportunity to overcome this shortage and for more job creation in the area with the right infrastructure in place.
OREA has been at work encouraging the province to continue the push for more high-speed internet service in more rural areas in Ontario. With more people working from home and most recently with children being schooled online during COVID-19, the need for high-speed internet in rural areas has become clearly a must-have.
Many buyers in our area are unable to branch out in their search for a home because they need high-speed internet service because of working from home. OREA continues to push forward towards success in this area.
The OREA report Small Towns, Big Opportunities ensures that the communities of rural and Northern Ontario are set up for success in the immediate aftermath of COVID-19 and for years to come. The full report is available HERE.
OREA and the Lakeland Association of Realtors also recognize the great need for natural gas service in smaller rural communities. With this service expansion, the opportunity for job creation in rural areas increases dramatically.
Neil Sharma has an interesting article on this topic at Canadian Real Estate Wealth found HERE.