RAHB REALTORS® Release June Stats

The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,257 sales were processed through the RAHB Multiple Listing Service® (MLS®) System in June, 14.2 per cent fewer than the same month last year and 19.2 per cent fewer than the 10-year average for the month.

Please click here to read the full report.

Follow the links below for:

 

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Canada’s Do Not Call List – Know the Rules!

We have received the following information from the Canadian Real Estate Association (CREA):

The Canadian Radio-television and Telecommunications Commission (CRTC) continues to enforce compliance with the Unsolicited Telecommunications Rules or the National Do Not Call List (DNCL).  The DNCL includes consumer telephone numbers who have chosen to no longer receive marketing calls.

The DNCL was established in September 2008 and CREA has communicated requirements to its members on numerous occasions.  There have been several messages to Boards and Associations, News2Me articles, multiple blog posts and a full compliance guide is available on REALTOR Link® to help members understand their obligations.

It is important for brokerages to understand their responsibilities and ensure full compliance.  Failure to do so may result in significant financial penalties administered by the CRTC.  We encourage you to review the steps below and update your internal policies accordingly.

  • If a brokerage makes calls or sends faxes to consumers for the purpose of solicitation, the brokerage must register at http://go.pardot.com/e/94862/ind-insorg-regorg-eng/2x3rk6/201912085.
  • If a brokerage signs a contract with a telemarketing service provider to do telemarketing on their behalf, the brokerage must still register at http://go.pardot.com/e/94862/ind-insorg-regorg-eng/2x3rk6/201912085.
  • If a brokerage or their service provider conducts telemarketing, the brokerage must purchase a subscription for the area codes that will be called.
  • It is the responsibility of the brokerage to ensure its office has access to the most up-to-date version of the National DNCL and that those numbers are removed from the calling list.

The DNCL applies to brokerages as well as service providers.  We urge brokerages to exercise caution when hiring a third party service provider to assist in managing their telemarketing operations. Hiring a third party to manage a brokerage’s telemarketing operations does not absolve the brokerage of its DNCL responsibilities.  Each brokerage is responsible for calls made on their behalf, therefore, if the service provider does not abide by the law, the brokerage may be at risk, particularly if the CRTC launches an investigation.

For more information about the DNCL and members’ obligations, please consult CREA’s FAQs or contact us at info@crea.ca.

 

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National Volunteer Week – a Special Thank You!

Thank you to all RAHB volunteers!

It’s National Volunteer Week, and RAHB would like to say a big “thank you!” to all members who volunteer with the Association. We appreciate our volunteer committee and task force members who offer their time, talents and expertise for the benefit of all members.

Do you volunteer in your community or for other causes? A big “thank you!” to you, too! REALTORS® are known for their volunteerism, and supporting your community speaks volumes about how much you care.

Do you have volunteers who help you in your business or other endeavours? Be sure to thank them for their efforts – let them know you appreciate the work they do for you.

Happy National Volunteer Week!

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OREA’s Action Plan for Cannabis Legalization

What harm can a plant or two – or four – do?

If the plant is marijuana and it is being grown indoors, as will likely be allowed by pending federal legislation, the answer may be “plenty”. Growing marijuana indoors can lead to the growth of mold and fungus, which can pose serious health risks for anyone living in the property. These effects are not limited to massive grow ops; with the suggested maximum of four plants, the light and heat from the lamps needed by the plants can cause dangerous levels of mold and fungus.

This is a serious issue for REALTORS® who will be called on to list or sell properties which may be damaged by marijuana grown either legally (once legislation is approved) or illegally.

The Ontario Real Estate Association (OREA) developed a five-point Action Plan for Cannabis Legalization for the Province to consider as it decides how to manage legalized marijuana. The recommendations in the plan focus on the effects of indoor marijuana plants on homes, home owners and home buyers, and includes proposals for dealing with illegal grow operations as well as legal plants. OREA unveiled their plan at a press conference at Queen’s Park on Monday, April 9, 2018.

Please visit www.ProtectOntarioHomes.ca to learn all about OREA’s Action Plan for Cannabis Legalization, the issues with growing marijuana indoors, and how you can support OREA’s plan by writing to your MPP.

Click here to watch OREA’s announcement at Queen’s Park on Monday, April 9, 2018.

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Pier 8 Waterfront Development – Check Out the Proposals!

Want to see what’s being proposed for Hamilton’s Pier 8? Concepts from each of the four finalists will be on display for the public the following dates and times:

                Date/Time                            Location
Saturday, April 7:  10 a.m. – 1 p.m.
(City staff present for entire session)
Williams Fresh Cafe at Pier 7 (Upper Level)
Sunday, April 8: 11 a.m. – 2 p.m.
(City staff present for entire session)
Lime Ridge Mall, Level 2 Centre Court
Monday, April 9:  9 a.m. – 9 p.m. 
Tuesday, April 10:  9 a.m. – 9 p.m.
(City staff present 5 – 7 p.m. only)
Hamilton Public Library, Central Branch
Wednesday, April 11: 10 a.m. – 4:30 p.m.
Thursday, April 12: 10 a.m. – 4:30 p.m.
Friday,  April 13: 10 a.m. – 9 p.m.
(City staff present on Friday only, from 6  – 9 p.m.)
Evergreen Community Storefront, 294 James St. N.
Saturday, April 14: 12 – 5 p.m.
Sunday, April 15: 12 – 5 p.m.
(Not staffed; static display only)
Art Gallery of Hamilton, Second Floor, Fischer Gallery
Monday, April 16: 8:30 am – 4:30 pm
Tuesday, April 17: 8:30 a.m. – 4:30 p.m.
(Not staffed; static display only)
Hamilton City Hall, Main Lobby – First Floor

For more information, background details and to view the visuals, videos and take the short survey, please go to:  www.hamilton.ca/westharbour

You can view the presentation panels at the public viewings noted above. Videos will only be viewable online.

 

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Downtown Secondary Plan – Open House

Hamilton City staff will be hosting a Public Open House focused on the proposed new Downtown Secondary Plan on Monday April 9, 2018 from 6 p.m – 8:30 p.m. at the David Braley Health Sciences Centre (100 Main Street West, Hamilton).  You are invited to learn about the proposed Downtown Hamilton Secondary Plan, the proposed changes to the Zoning By-law and how these documents will be used.

Go to www.hamilton.ca/downtownhamiltonreview for additional details.

 

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Niagara Escarpment Commission and Plan – Learn More!

Niagara Escarpment Commission

Do you want to learn more about what the Niagara Escarpment Commission (NEC) does? Or what the updated Niagara Escarpment Plan is? Here’s your chance!

Background

The Ontario government released an updated Niagara Escarpment Plan (NEP) on June 1, 2017.  In doing so, the government updated many NEP policies to reflect provincial priorities, harmonize with the Greenbelt Plan and other provincial land use plans and further strengthen the plan by clarifying policy intent.  Mapping to NEP land use designations has also been revised.

The Open House

On Tuesday, March 27, 2018, the Niagara Escarpment Commission will host an all-day session to explain the NEP, with a focus on the development permit process and compliance program. NEC staff will give presentations on the updated policies and will be available to answer your specific questions.

The Details

Tuesday, March 27, 2018
9:30 a.m. – 4 p.m.
Royal Ambassador
15430 Innis Lake Road
Caledon East, ON L7C 2Z1
Lunch will be provided.

Register: Danielle D’Silva at danielle.dsilva@ontario.ca

More Information: 905.877.8144

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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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ross & mcbride

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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!


Thank you to our sponsor:

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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

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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.
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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.

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