RAHB Media Roundup

RAHB in the news – see what the media’s been saying!

Realtors golf tournament raises money for local shelters (Hamilton Spectator)
https://www.thespec.com/news-story/7404354-realtors-golf-tournament-raises-money-for-local-shelters

Realtors Care Foundation Motorcycle Ride for Charity (93.3 CFMU Radio)
http://cfmu.ca/posts/109-realtors-care-foundation-motorcycle-ride-for-charity

Realtors rev up for annual Motorcycle Ride for Charity (Hamilton Spectator)
https://www.thespec.com/news-story/7391003-realtors-rev-up-for-annual-motorcycle-ride-for-charity

Realtors rev up (Hamilton Spectator)
http://thespecnie.pressreader.com/@referralurl@thespec_com/csb_q5Wy1Sl76Wcz5sJw-SucK8oHxL0GQXGttoeuZDEjXlrTv3UUC5v23d-1kZxoQeArgeXlccXa8PociCTRaW_VWg

Realtors rev up for Charity (Hamilton Spectator)
http://thespec.pressreader.com/@REAL_ESTATE_DISTRICT/csb_sza3pvVgfbuQ2b1CN3TDwt9lNwF9OXz55CUhOFkt3S8WjAzdGqJlmPLY4IqY9TyAgPUd0IeJoDKRLiiDs-kSKA

City Matters – Motorcycle Ride for Charity (Cable 14)
https://youtu.be/oUoVgJo2NdQ

Hamilton home sales fizzle, but don’t panic, says an expert
https://www.thespec.com/news-story/7410944-hamilton-home-sales-fizzle-but-don-t-panic-says-an-expert

Hamilton, Burlington home sales drop 20%; prices continue rise
http://www.cbc.ca/news/canada/hamilton/hamilton-burlington-home-sales-drop-20-prices-continue-rise-1.4193600

Hamilton home sales decrease in June as listings surge continues
https://www.flamboroughreview.com/news-story/7411643-hamilton-home-sales-decrease-in-june-as-listings-surge-continues

Halton Women’s Place one of shelters to receive proceeds from RAHB golf tourney
https://www.insidehalton.com/news-story/7416328-halton-women-s-place-one-of-shelters-to-receive-proceeds-from-rahb-golf-tourney


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Media Roundup – RAHB in the news (June 2017)

Jump in house listings may signal a cooling in Hamilton’s hot housing market (CBC Hamilton)

Is this a sign of a rebalancing of the market the province was hoping for? The official housing market numbers for May won’t be out for a few days, but early indications show a big jump in the number of homes for sale in the Hamilton and Burlington real estate market as of early this week.

‘Healthier’ housing market emerging as listings spike in May in Hamilton (CBC Hamilton)

A record-breaking number of homes were listed for sale in the Hamilton area last month, according to new data from The REALTORS® Association of Hamilton-Burlington (RAHB). And that spike marks a measurable move toward a “healthier” and more balanced market, says the area’s real estate board.

Increase In Listings As Investors Cash Out (Hi Business)

The current stats that was released showed that existing owners and investors seem to have cashed out of the blazing real estate market. In the course of last month as stated by the REALTORS® Association of Hamilton-Burlington, latest listings went up in Hamilton as existing home owners made best use of the blazing market.

Hamilton real estate boom expected to continue despite big listings spike (Hamilton News)

Numbers released June 5 by the REALTORS® Association of Hamilton-Burlington show a record 3,208 new listings processed last month, a whopping 41.1 per cent increase over the previous May.

Hamilton area bucks trend as GTA home sales plummet in May (Hamilton Spectator)

Home sales in the Greater Toronto Area plunged 20 per cent last month compared with a year ago, according to the latest data from the country’s largest real estate board. But the GTA’s slide is in contrast to the continuing hot market in the Hamilton-Burlington area, which boasted 3,208 new listings in May, a whopping 41 per cent increase from the same month last year, and nearly 35 per cent higher than its 10-year average.

Hamilton home prices post record increase in May despite Ontario’s ‘cooling’ measures (CBC Hamilton)

The listings increase was announced last week by the REALTORS® Association of Hamilton-Burlington, and showed 3,208 new listings were processed through the organization in May, which is 41.1 per cent higher than May of last year and 34.8 per cent higher than the
10-year average.

Homeowners Decided to Cash In (The Bay Observer)

The REALTORS® Association of Hamilton-Burlington (RAHB) reported a record 3,208 new listings were processed through the RAHB Multiple Listing Service System in May, which is 41.1 per cent higher than the same month last year and 34.8 per cent higher than the 10-year average.

REALTORS Care® Foundation Motorcycle Ride for Charity (93.3 CFMU Radio)

On July 5th, REALTORS® across Ontario will be riding their motorcycles and gathering across Hamilton, Brantford, Kitchener-Waterloo, Grey Bruce Owen Sound, Huron Perth and Sarnia-lambton to raise money to assist a variety of local shelter-related charities in each  of these communities.

20 questions with George O’Neill, CEO of REALTORS® Association of Hamilton –Burlington (Hamilton Spectator)

From business to life advice, this piece covers it all. Get to know RAHB’s CEO!


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Media Roundup – RAHB in the news

RAHB Media Coverage

 

As province moves to cool Toronto housing, what happens in Hamilton? (CBC Hamilton)
Toronto average price rose 33% from March 2016 to March 2017; Hamilton average price rose 28%

 

Hamilton area house sales continue at record highs (Hamilton Spectator)
House sales in Hamilton and Burlington set a new high for April with the seventh monthly record in a row, according to the REALTORS® Association of Hamilton-Burlington.

 

Home sales cool last month, GTA leads decline (Hamilton Spectator)
The president of the local real estate association says Hamilton’s and Burlington’s housing markets appear to be cooling off in recent weeks, mirroring trends at the national level.

 

‘Blockbuster’ real estate April in Hamilton and  Burlington (900 CHML)
The REALTORS® Association of Hamilton-Burlington (RAHB) reports 1,770 homes were sold in April. That’s a new high for April, the seventh month in a row for new monthly records.

 

City Matters (Cable 14 TV)
RAHB, President Lou Piriano, spoke with Hamilton’s Cable 14 about real estate trends and current  market conditions.

 

Hamilton’s top neighbourhoods (Moneysense)
This increasingly young and hip city has affordable homes on offer.


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Hamilton Economic Development Ad

Canadian home sales drop in April

According to statistics released by The Canadian Real Estate Association (CREA), national home sales declined in April 2017.
 Highlights:
  • National home sales fell 1.7% from March to April.
  • Actual (not seasonally adjusted) activity in April was down 7.5% from a year earlier.
  • The number of newly listed homes jumped 10% from March to April.
  • The MLS® Home Price Index (HPI) was up 19.8% year-over-year (y-o-y) in April 2017.
  • The national average sale price rose 10.4% y-o-y in April.
Home sales over Canadian MLS® Systems fell by 1.7% in April 2017 from the all-time record set in March.
Read the complete news release.

Canadian home sales edge lower but remain strong in July

According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity edged slightly lower on a month-over-month basis in July 2015.

Highlights:

  • National home sales edged back by 0.4% from June to July.
  • Actual (not seasonally adjusted) activity stood 3.4% above July 2014 levels.
  • The number of newly listed homes edged up 0.2 per cent from June to July.
  • The Canadian housing market remains balanced overall.
  • The MLS® Home Price Index (HPI) rose 5.9% year-over-year in July.
  • The national average sale price rose 8.9% on a year-over-year basis in July; excluding Greater Vancouver and Greater Toronto, it increased by 4.1%.

The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations declined by 0.4 per cent in July 2015 compared to June. While this marks the second consecutive monthly decline in activity, sales activity in May, June and July reached their highest monthly levels in more than five years.

Read the full report.

Canadian home sales edge lower but remain strong in June

According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity edged slightly lower on a month-over-month basis in June 2015.

Highlights:

  • National home sales edged back by 0.8% from May to June.
  • Actual (not seasonally adjusted) activity stood 11% above June 2014 levels.
  • The number of newly listed homes edged down 0.2% from May to June.
  • The Canadian housing market remains balanced overall.
  • The MLS® Home Price Index (HPI) rose 5.43% year-over-year in June.
  • The national average sale price rose 9.6% on a year-over-year basis in June; excluding Greater Vancouver and Greater Toronto, it increased by 3.1%.

The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations declined by 0.8 per cent in June 2015 compared to May. Sales levels in May and June marked the strongest monthly readings in more than five years.

Read the report.

 

City of Hamilton – The Americas Investment Playbook

 

The City of Hamilton and the Region of Niagara have collaborated to develop a unique platform to attract investment, business and trade opportunities for industry and organizations in the Hamilton/Niagara region.

A series of investment and business-focused events will take place between July 10-26 during the Pan Am games, with high-potential delegates attending from the U.S., Mexico, South America and other international locations.

There will be five events, with the final one – the Real Estate and Development Familiarization Tour – taking place in Hamilton on July 23, 2015.

This full day event will include

  • a continental breakfast (sponsored by RAHB)
  • market overviews and investment highlights,
  • a tour of McMaster Innovation Park (lunch included), and
  • two tours from which to select:
    • Commercial & Residential Focus
    • Industrial Focused Tour
  • networking

Optional – attend an exciting semi final men’s soccer game at the CIBC Pan Am Stadium.

The tours will showcase new investments, profile opportunity for future growth, and the multi-modal transportation networks that are nearly unrivaled in the Province of Ontario.  Attendees will also have opportunities to meet with Hamilton’s top leaders in local industry, academia, and government.

Seats are limited, so register/RSVP early at www.investhamiltonniagara.ca

E-signatures on the way!

Effective July 1, 2015, buyers and sellers in Ontario will be able to use electronic signatures on agreements of purchase and sale.

This was made possible by the recent proclamation of an amendment to the Electronic Commerce Act, 2000.

Electronic signatures on agreements of purchase and sale will help improve transaction efficiency by reducing the time required to complete a deal, help improve the consumer’s experience and save REALTORS® time and money.

The Ontario Real Estate Association (OREA) advocated vigourously over the last five years to have e-signatures become a reality for real estate transactions in the province of Ontario, and are to be commended for their efforts.

Go to http://rahb.ca/memberinfo/2015/electroniccommerceact.pdf.

 

Special  Professional Development course offering!

As of July 1, 2015, electronic signatures are permitted on Agreements of Purchase and Sale.  Learn more about electronic signatures in this important session.

Go Paperless
Tuesday, July 28, 2015
10 a.m. – Noon
Cost: Free
RAHB – McCullough Room

Click here for information and registration or contact Angela (angelam@rahb.ca) or Camryn (camrynh@rahb.c).

Canadian home sales strengthen further in May

According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity posted a fourth consecutive month-over-month increase in May 2015.

Highlights:

  • National home sales rose 3.1% from April to May.
  • Actual (not seasonally adjusted) activity stood 2.7% above May 2014 levels.
  • The number of newly listed homes was little changed from April to May.
  • The Canadian housing market remains balanced overall.
  • The MLS® Home Price Index (HPI) rose 5.17% year-over-year in May.
  • The national average sale price rose 8.1% on a year-over-year basis in May; excluding Greater Vancouver and Greater Toronto, it increased by 2.4%.

The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations rose 3.1 per cent in May 2015 compared to April. This marks the fourth consecutive month-over-month increase and raises national activity to its highest level in more than five years.

May sales were up from the previous month in about 60 per cent of all local markets, led by increases in the Greater Toronto Area, Calgary, Edmonton, Ottawa and Montreal.

Read the whole report.

Canadian home sales up again in April

According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity posted a third consecutive month-over-month increase in April 2015.

Highlights:

  • National home sales rose 2.3% from March to April.
  • Actual (not seasonally adjusted) activity stood 10% above April 2014 levels.
  • The number of newly listed homes was little changed from March to April.
  • The Canadian housing market overall remains balanced.
  • The MLS® Home Price Index (HPI) rose 4.97% year-over-year in April.
  • The national average sale price rose 9.5% on a year-over-year basis in April; excluding Greater Vancouver and Greater Toronto, it increased by 3.4 %.

The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations rose 2.3 per cent in April 2015 compared to March. This marks the third consecutive month-over-month increase and raises national activity back to where it was during most of the second half of last year.

Read the entire report.

Canadian home sales climb in March

According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity was up on month-over-month basis in March 2015.

Highlights:

  • National home sales edged up 4.1% from February to March.
  • Actual (not seasonally adjusted) activity stood 9.5% above March 2014 levels.
  • The number of newly listed homes rose 1.8% from February to March.
  • The Canadian housing market remains balanced.
  • The MLS® Home Price Index (HPI) rose 4.95% year-over-year in March.
  • The national average sale price rose 9.4% on a year-over-year basis in March; excluding Greater Vancouver and Greater Toronto, it increased by 2.4%.

The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations rose by 4.1 per cent in March 2015 compared to February.

March sales were up from the previous month in nearly two-thirds of all local markets, led by Greater Vancouver, Fraser Valley, Calgary and Edmonton. Despite the monthly rebound, Calgary and Edmonton sales came in below the 10 year average for the month of March.

Read the entire report.