Market shows strength in February

The Hamilton-Burlington area real estate market showed a total of 750 unit sales in February, indicating a 27.6 per cent decrease over the same period last year, according to the Multiple Listing Services® (MLS®) statistics released by the REALTORS® Association of Hamilton-Burlington (RAHB). New units listed are less than one per cent lower when compared to February 2008.
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ICX.ca re-launch

On Thursday, February 26th the ICX.ca website will be re-launched, introducing new graphics, new simple search options, and interactive mapping.  Consumers can access the site by putting www.ICX.ca in their web browser, or by selecting the Commercial Listings option on the front page of the REALTOR.ca website. According to Comscore, an independent internet monitoring company, there were 172,000 unique visitors to the existing ICX.ca website in January 2009, compared to 115,000 unique visitors in January 2008.

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Health Canada Advises Consumers That RetroFoam Insulation Was Illegally Sold in Canada

Check out Health Canada’s website
Advisory 2009-11
OTTAWA – Health Canada is informing consumers that RetroFoam of Canada Incorporated imported and illegally sold RetroFoam insulation in Canada. RetroFoam is a urea formaldehyde-based thermal insulation (UFFI). This type of insulation was prohibited in Canada in December 1980 under the Hazardous Products Act. Health Canada was recently advised that RetroFoam has been installed in a limited number of homes in Ontario.

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FINTRAC Update

The monetary penalties called for in the 2008 legislation went into effect on December 30, 2008.

Violations are classified by the Regulations as “Minor”, Serious or “Very Serious”, and carry maximum penalties accordingly. The Administrative Monetary Penalty (AMP) program also has maximum penalties for individuals and entities (e.g. corporations) as follows:

Minor (individual/entity): $1 to $1,000
Serious (individual/entity): $1 to $100,000
Very Serious (individual): $1 to $100,000
Very Serious (entity): $1 to $500,000

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What is the National Association of Green Agents and Brokers?

The National Association of Green Agents and Brokers (NAGAB) is an industry not-for-profit membership based organization. The organization is national in its scope with over 15,000 affiliate members across Canada and boasts support from major corporate and government sponsors.

The organization is dedicated to educating real estate sales representatives and brokers on Greenrealestateâ„¢ practices.

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Market easing continues into January

The Hamilton-Burlington area real estate market showed a total of 476 unit sales in January, indicating a 42 per cent decrease over the same period last year, according to the Multiple Listing Services® (MLS®) statistics released by the REALTORS® Association of Hamilton-Burlington (RAHB). New units listed are down 8.5 per cent when compared to January 2008.

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RCC Update

Strategic Planning Sessionrcc-logo
On January 5, 2009 the RCC held their annual Strategic Planning Session. As a result of the morning’s discussion the RCC will be focusing on three areas of development: Membership/Member Services, Education, and Outreach and Advocacy. Updates on the RCC strategic plan will be published in the RCC quarterly newsletters.

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