Jan 9, 2015 | REALTORS Care® |
RAHB President Tim Mattioli and members of the Charity Auction Task Force presented a cheque for $48,557.79, representing the proceeds from the RAHB Charity Auction, to The Children’s Fund Vice-President Olivia DePetris.
The Charity Auction was held on Thursday November 20. RAHB members, sponsors and guests enjoyed a night of live and silent auctions and a variety of entertainment and activities to benefit the Children’s Fund, the charity founded by 900 CHML/Y108/953 FRESH FM.
(left to right) First Row: Olivia DePetris, Vice-President of the Children’s Fund; Tim Mattioli, 2014 RAHB President; with Charity Auction Task Force members (Second Row): Brian Shaw, Kathy Della-Nebbia; (Third Row): Janice Rocchi, Samantha Lefebvre, Deborah Coles; (Fourth Row): Brain Gerrard, John Morris.
Jan 9, 2015 | RAHB News |
The RealTrack service is now available for all members’ use in the RAHB Resource Centre.
What is RealTrack?
RealTrack is a licenced database for searching commercial (ICI) real estate transactions of $500,000 and over, for properties located in Ontario. Compiled from land title documents, telephone interviews, site visits and other sources, RealTrack collects, confirms and publishes the information of over 93,000 property transfers dating back to 1996.
The database grows at a rate of 100-150 new transactions every week.
Property information includes:
• address/location
• transfer date
• consideration details (cash and assumed/vtb debt)
• party contact information
• street level & aerial photos (with site boundaries)
• dynamic maps
• property descriptions including type, size and number of units
• description of site boundaries
• financing details
• broker/agent contact information
Access to RealTrack in the RAHB Resource Centre is by chance or by appointment (one user session at a time). Call Kathy kathyr@rahb.ca or Nancy nancyd@rahb.ca to reserve your time today!
Jan 9, 2015 | RAHB News |
Jan 9, 2015 | CREA/OREA/RECO News |
The annual election for the CREA Board of Directors will be held on March 28, 2015 at the 2015 CREA Annual General Meeting. Any qualified REALTOR® member who has
an interest in serving as a Director of CREA is strongly encouraged to run for a position on the Board of Directors.
The following positions are open:
• Three Director-at-Large positions, each for a two-year term.
• Four Regional Director positions, each for a two-year term, from each of the following regions:
·British Columbia/Yukon
· Manitoba
·Quebec
·The Atlantic Region
Candidacy forms must be received by CREA no later than January 27, 2015. Questions should be directed to Bill Harrington at 613.237.7111.
For complete information about the qualifications for Directors, the CREA elections and candidacy forms, go to http://www.rahb.ca/CREA/CREA_ElectionNotice2015.pdf
Jan 9, 2015 | CREA/OREA/RECO News |
CREA’s Communications department releases a daily email called “Read All About It”, an aggregate of all real estate-related daily news (residential and commercial) from across the country and around the globe.
You can receive this email by signing up at http://www.realtorlink.ca/content/readallaboutit/sub.htm
Sign up and then sit back and enjoy the news.
Jan 9, 2015 | MLS®, Stats & Technology |
RAHB Average Price by District – (#) Residential Unit Sales
Hamilton
Hamilton West, 10 – 12
Hamilton East, 23, 24, 27 – 29
Hamilton Centre, 13, 14, 20 – 22
Hamilton Mountain, 15 – 18, 25 & 26
Burlington – 30 36, 38
Outlying
Flamborough, 40, 43 – 45
Dundas, 41
Ancaster, 42
Waterdown, 46
Stoney Creek, 50 – 52
Glanbrook, 53
Grimsby, 54 -55
West Lincoln, 56
Smithville, 57
Dunnville, 61
Cayuga, 62
Calendonia/Hagersville, 63 & 70
Onieda/Seneca, 71 & 64
Rainham, 65
Canborough/Dunn, 60
Moulton/Sherbrooke, 60
Jan 9, 2015 | MLS®, Stats & Technology |
Jan 9, 2015 | MLS®, Stats & Technology |
The REALTORS® Association of Hamilton-Burlington (RAHB) reported 796 property sales processed through the RAHB Multiple Listing Service® (MLS®) system in December. This represents a 7.6 per cent increase in sales compared to December of the previous year.
There were 695 properties listed in December, an increase of 15.4 per cent compared to the same month the year prior. End-of-month listing inventory was 13 per cent lower.
“We saw a very strong real estate market in December,” said RAHB President Donna Bacher. “Listings and sales were both above average for the month; we haven’t seen a December market like this since 2009.”
Seasonally adjusted* sales of residential properties were 4.4 per cent higher than the same month of the previous year, with the average sale price up 4.5 per cent for the month. Seasonally adjusted numbers of new listings were 11.3 per cent higher than the same month the year prior.
Seasonally adjusted data for residential properties for the month of December, 2014:
Actual overall residential sales were 8.2 per cent higher than the previous year at the same time. Residential freehold sales were 9.8 per cent higher while sales in the condominium market saw an increase of 2.1 per cent.
“With more properties selling than were listed in December, we may be in for an interesting January,” added Bacher. “Statistically speaking, we’ve now sold some of the listing inventory, leaving us with considerably fewer listings going into the new year. The low inventory and December’s strong sales mean we remain in a seller’s market.”
The average price of freehold properties showed an increase of 5.4 per cent compared to the same month the previous year; the average sale price in the condominium market decreased by 2.2 per cent when compared to the same period.
The average sale price is based on the total dollar volume of all properties sold in the RAHB market area. Average sale price information can be useful in establishing long term trends, but should not be used as an indicator that specific properties have increased or decreased in value.
The average days on the market decreased from 51 to 45 days in the freehold market and increased from 47 to 53 days in the condominium market when compared to the same month the previous year.
Every community in RAHB’s market area has its own localized residential market. Please refer to the accompanying chart for residential market activity in select areas in RAHB’s jurisdiction.
*Seasonal adjustment removes normal seasonal variations, enabling analysis of monthly changes and fundamental trends in the data.
Jan 9, 2015 | Member Services |
Professional Development
Held at RAHB – 505 York Blvd. – Lower Level
C – Chambers Room M – McCullough Room
Fusion Level 1
Tuesday, February 3 – C, 9 a.m. – Noon
Tuesday, February 17 – C, 9 a.m. – Noon
Broker Load
Thursday, January 15 – C, 9:30 a.m. – 11:30 a.m.
Thursday, January 29 – C, 9:30 a.m. – 11:30 a.m.
New Member Orientation (by invitation only)
Friday, January 23 – M, 9 a.m. – 1 p.m.
Friday, February 13 – M, 9 a.m. – 1 p.m.
Real Estate Transaction
Monday, January 12 – Thursday, January 15
Monday, January 19 – Thursday, January 22
M, 8:30 a.m. – 4:15 p.m.
Tax & Investment Planning for Real Estate Professionals
Tuesday, February 3 – M, 10 a.m. – noon
Rental Properties and Their Tax Issues
Tuesday, February 3 – M, 1 p.m. – 3 p.m.
OREA Forms and Clauses
Tuesday, February 10 – M, 9:30 a.m. – Noon
or
Tuesday, February 10 – M, 1 p.m. – 3:30 p.m.
Consumer Certified Real Estate Consultant
Thursday, February 12 – M, 9 a.m. – 4:30 p.m.
Land Structure and Real Estate
Tuesday, February 17 – Friday, February 20
Monday, February 23 – Friday, February 27
M, 8:30 a.m. – 4:15 p.m.
For Sale by Owner
Wednesday, March 4 – M, 9:30 a.m. – 12:30 p.m.
To register for above courses, email Angela at angelam@rahb.ca or call 905.529.8101 x233
Board of Directors, Committee and Task Force Meetings
Held at RAHB – 505 York Blvd. – First Floor
T – Thompson Room P – Purnell Room
Board of Directors
Tuesday, January 27, 9 a.m., T
Audit
Wednessday, February 11, 9 a.m., T
Upcoming Events
RAHB Annual Appreciation Gala
Saturday, January 17, 2015 (by invitation only)
Michelangelo Events & Conference Centre
1555 Upper Ottawa, Hamilton
REALTOR® CONNECTIONS 2015
Tuesday, March 24, 2015
Hamilton Conference Centre
1 Summers Lane, Hamilton
RAHB Office Closures
Monday, February 16, 2015 for Family Day
Jan 9, 2015 | Member Services |
Where can you listen to great speakers, meet suppliers of goods and services you can use, network with your colleagues and attend the RAHB Annual General Meeting? At REALTOR® CONNECTIONS 2015, of course!
The planning team is putting together a day that will have something for everyone, and a lot of great information for everyone. Watch for big changes to the format – we’re turning the event upside down!
Highlights:
• Keynote Speaker Chris Leader – Dare to be Exceptional
• Early bird presentation by Kathy Hogeveen – Developing an Online Strategy
• CoreLogic’s Todd Targgart will be there to demo the new Matrix system
• RAHB’s AGM will be held early afternoon so everyone can attend
• Great trade show
• New this year – knowledge pods in the exhibit area!
Plan to attend REALTOR® CONNECTIONS 2015. Registration is free for members who register before March 6, 2015; watch MOD for the opening of online registration.
See you there!
Jan 9, 2015 | Member Services |
The International Property Measurement Standard (IPMS) for Offices is a principle-based and internationally applicable office building measurement standard. This new standard is the result of a global effort spearheaded by a coalition of more than 50 professional organizations from around the globe to create a uniform method for measuring property. The IPMS is set to replace dozens of existing standards currently in use around the world. The new standard defines which areas are included when measuring a property and which are not.
The IPMS will help to reduce risk, increase measurement consistency and support transparency in an increasingly globalizing commercial property industry. This standard will benefit the way property assets are managed and, ultimately, how investors, corporate occupiers, buyers and sellers make financial decisions in order to save time and money.
IPMS for Office Buildings is now available. Download your copy.
Jan 9, 2015 | Member Services |
Effective January 1, 2015, all members – including Senior members – will pay $42 plus taxes for their monthly computer fee. The fee has been decreased from $48 for most members and increased from $38 for Senior members.
This change will appear on the January invoice, which members will receive in February, 2015.
Contact Kim in the Accounting department (kims@rahb.ca or 905.529.8101 x232) if you have questions about the computer fee change.
(left to right) First Row: Olivia DePetris, Vice-President of the Children’s Fund; Tim Mattioli, 2014 RAHB President; with Charity Auction Task Force members (Second Row): Brian Shaw, Kathy Della-Nebbia; (Third Row): Janice Rocchi, Samantha Lefebvre, Deborah Coles; (Fourth Row): Brain Gerrard, John Morris.
