RAHB REALTORS® RELEASE NOVEMBER MARKET STATISTICS

The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,233 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in November 2020. Sales were down 24.12 per cent over last month, but up 17 per cent over November of last year. New listings were down 28.98 per cent over October 2020 and up 16.3 per cent over last November. The average price for residential properties was $722,317, which was up 0.11 per cent from last month and up 21.2 per cent from November 2019. The number of active listings available at the end of the month was 40.8 per cent lower compared to the previous year.

*The news release will be posted to www.rahb.ca/market-stats/ on Wednesday, December 2.*

Follow the links below for:

Burlington

Halidmand

Hamilton

Niagara North

 

RAHB COVID-19 Update for November 14, 2020 – Red Zones & Open Houses

As of Monday, November 16 at 12:01 a.m., Hamilton and Burlington (Halton) will be moving into the COVID-19 Red Zone (Control), as is outlined in the Province’s newly updated COVID-19 Response Framework.

As per the Framework, the Government of Ontario has officially prohibited the hosting of in-person open houses in these Red Zone areas. Real estate brokerages, brokers and salespeople must cease hosting and attending open houses in Hamilton and Burlington. Members can continue to submit virtual open houses through Matrix.

The (in-person) Open Houses feature in Matrix will be disabled for all RAHB areas as of 12:01 a.m. on Monday, November 16, as we are unable to limit by geographic regions at this time. RAHB will continue to work with Corelogic to separate out the various RAHB areas. Members can continue to submit virtual open houses for all RAHB areas through Matrix.

To view the Framework and level by region, please click the below button.

Ontario COVID-19 Response Framework

*Please Note – Although in-person open houses are still permitted in Haldimand (Yellow Zone) and Niagara (Orange Zone), RAHB and OREA strongly urge Members to use virtual means to show properties.

While, under normal circumstances, in-person open houses would be an effective tool for marketing a home, there are many options available to view properties which pose less health and safety risk to Members and clients. We will continue to advise Members against hosting in-person open houses until the pandemic is under better control in Ontario.

For further information, please visit the OREA website by clicking the button below.

OREA Information on Framework and Open Houses

 

For resources on hosting a virtual open house /  live stream, please click the below button:

Virtual Open Houses/ Live Streams

BrokerBay is Coming to RAHB!

 

 

 

We have BIG NEWS to share!  RAHB is very excited to announce that we are partnering with BrokerBay to make their full brokerage / agent ecosystem available to all Members as a value-added core service through the RAHB MLS® in early 2021. As a result of adding this unique and highly popular enhancement to RAHB’s suite of MLS® services, ShowingTime will be discontinued as of February 5, 2021.

In the below video BrokerBay’s Co-founder Costa Ntoukas gives an overview of his company’s new partnership with RAHB.

For more information about BrokerBay’s advanced, user-friendly features, functions and benefits, please visit www.brokerbay.ca.

Additional information will be provided to RAHB Members in the coming weeks – including how to sign up, what training is available, and how existing BrokerBay contracts with brokerages will be transitioned.  So, please stay tuned!

In the meantime, if you have any questions, please contact sales@brokerbay.ca.

Thank you for your support as we continue to increase value-added member services that empower you – the RAHB REALTOR® – to succeed.

RAHB REALTORS® RELEASE OCTOBER 2020 MARKET STATISTICS

*Please note* Some Burlington documents below have been updated as of November 5. An error was discovered showing Burlington sales at 376; however, the sales number should have been 374. This error has been corrected.

The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,615 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in October 2020. Sales were down 7.6 per cent over last month and up 23.7 per cent over October of last year. New listings were down 12.8 per cent over September 2020 and up 5.5 per cent over last October. The average price for residential properties was $721,523, which was up 0.02 per cent from last month and up 19.8 per cent from October 2019. The number of active listings available at the end of the month was 39.8 per cent lower compared to the previous year.

*The news release will be posted to www.rahb.ca/market-stats/ on Tuesday, November 3, 2020.*

Follow the links below for:

Burlington

Halidmand

Hamilton

Niagara North

 

RAHB/ITSO Issues Resolved – October 9, 2020

RAHB is pleased to advise you that many of the issues reported by RAHB Members as a result of the ORTIS and the Ontario Collective (OC) cutover to the new ITSO system have been resolved as follows:

 

  • Missing photos for ITSO listings have been backfilled and photos are now available to view on reports.
  • ITSO status changes are now available to view on the Matrix reports. Previously, status changes such as conditional or firm sale information were missing on RAHB reports.
  • ITSO listings are now only displaying Total Square Footage (above grade only) on RAHB reports.
  • Commercial Listings from ORTIS and OC will now display if Sub-Property Type of (Industrial, investment, office, retail, sale of business or store) is selected.
  • Data is being mapped incorrectly from ITSO to RAHB’s “Type” and “Property Sub-Type” fields. This issue is primarily affecting ITSO listings, which would normally be searchable with a Type of Townhouse/Row House. Corelogic is aware of this issue and is currently working on updating these listings. We will provide an update regarding the status of this issue early next week.

 

CoreLogic is continuing to work on a few outstanding items; however, RAHB expects those to be resolved shortly, and will provide you an update at that time.

 

Thank you very much for your patience and understanding.

Printed Forms Discontinuation

During the COVID-19 pandemic, RAHB Members have adapted and transitioned to using electronic forms. RAHB’s printed Residential Property Information Forms dated 01/2020 and RAHB’s Commercial Property Information Forms dated 05/2018 will continue to be accepted for use until January 31, 2021, as well as sold in the RAHB Realty Shoppe until this date or sold out. After January 31, they will only be available electronically via WEBForms®  or found under the Standard Forms & Clauses section at www.orea.com.

The RAHB Realty Shoppe will continue to sell OREA Form 200 Listing Agreement – Authority to Offer for Sale until 01/31/21 or sold out, to coincide with the Data Forms discontinuation date. However, if OREA updates the 2021 OREA Form 200 Listing Agreement – Authority to Offer for Sale, then the sale of that printed form will be discontinued as of 01/01/21.  We will update members if there are any changes to these dates.

The WEBForms® icon is available via the RAHB Dashboard, as shown below. Members can access WEBForms® by logging into the SSO dashboard via http://my.rahb.ca, and logging in with a user ID and Password.

Once in WEBForms® , click the “Forms” icon on the left side of the screen, and then select the file for REALTORS® Association of Hamilton-Burlington.

 

 

Once here, click on either the Commercial Data Input Form or the Residential Data Input Form, as shown below.

 

If you have any questions, please contact the MLS® Help Desk at support@rahb.ca.

 

RAHB REALTORS® RELEASE SEPTEMBER 2020 MARKET STATISTICS

*PLEASE NOTE* – As of October 7, 2020, the Residential Market Activity for RAHB Areas table, Social Media Stats Kit, Market Highlights, maps, and Top 3 Stats video have been updated due to an error related to the OC/ORTIS (ITSO) cutover. The data primarily affected was that of the Hamilton Mountain.

We apologize for any inconvenience.

 

Hamilton, ON (October 2, 2020) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,751 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in September 2020. Sales are up 37.67 per cent over last month and up 53.9 per cent over September of last year. New listings are up 32.67 per cent over August 2020 and up 8.5 per cent over last September. The average price for residential properties was $721,354, which is up 3.8 per cent from last month and up 19.8 per cent from September 2019. The number of active listings for the month was down 40.4 per cent over last year.

*The news release will be posted to www.rahb.ca/market-stats/ on Friday, October 2, 2020.*

Follow the links below for:

Burlington

Halidmand

Hamilton

Niagara North

 

*Video updated as of October 7*

MPAC/Teranet Square Footage Update – October 1

As was communicated on September 23, Teranet and MPAC’s position on entering and displaying exact square footage was that “…posting exact (actual) square footage – from any source – has been and will continue to be expressly prohibited.”

Following discussions with both Teranet and MPAC, RAHB is pleased to notify members that Teranet and MPAC have reversed their position and are now advising that entering and displaying actual square footage values obtained through sources other than “Public Records” does not contravene MPAC terms of service “as long as the GeoWarehouse® terms and conditions are being followed and MPAC data is protected from unauthorized use.

While this change is reassuring, it is important to note that the following remains in effect:

  • The square footage field is mandatory and exact values are required on the RAHB MLS®; however, the option to select “Public Records” as a source of square footage data is no longer offered. Current square footage source options are:
    • Builder Floorplan(s)
    • 3rd Party Measuring Service
    • LBO provided
    • Other (see Remarks)
  • MPAC data may be purchased, used as a tool for validation, and/or shared with a client outside of the MLS® system, but RAHB and its members are prohibited from entering MPAC data into the MLS® system. MPAC-sourced data includes:
    • MPAC Propertyline™ reports
    • Data obtained through Aboutmyproperty
    • Data available from an owner’s Property Assessment Notice

RAHB continues to work in close collaboration with ITSO and OREA, as well as MPAC and Teranet, to research the matter for additional avenues and resolutions. RAHB will inform and update members on this issue as developments occur.

If you have any questions, please contact the MLS® Help Desk at support@rahb.ca.

————————————————————————

Below is a communication from Teranet that RAHB was asked to share with members:

To our valued customer,

For two decades GeoWarehouse has been providing authoritative data and insights to the real estate community. Our goal has been, and continues to be, to offer the most comprehensive property data that enables our customers to excel in their profession. Part of that strategy is to partner with other data providers that provide value in the real estate transaction so everything our customers need is in one central location. From time to time, the strategies of our partners may change and as such, the data we provide may be affected. We aim to always advocate for what is best for our users, but ultimately some decisions will be made by our partners that affect access to certain data and your user experience.

On September 18, 2020 MPAC implemented changes to the MPAC propertyline™ reports available for purchase through the GeoWarehouse e-Store. To accommodate these changes, the workflow to purchase reports has changed and the links in the Site & Structure section of the Property Report have been temporarily inactivated. The data included in your subscription for GeoWarehouse has not been altered. You will continue to receive all the data you’re provided today within the Property Reports. This change initiated by MPAC only affects the transactional reports:

  • The Residential Detailed Level
  • 2 Report and the Residential Floor Area Report

While we work with our partners to discuss alternate strategies, we wanted to provide some helpful tips and training to navigate this change. Please review the detailed user guide (https://marketing.geowarehouse.ca/acton/ct/1288/e-057c-2009/Bct/l-tst/l-tst:1/ct3_0/1?sid=TV2%3APjoyw4AZK) on how to purchase MPAC reports through the GeoWarehouse e-store.

Should you have any questions regarding the revised MPAC propertyline™ terms and conditions of use, or changes to the MPAC propertyline™ reports, please contact MPAC directly at 1-877-671-6722 x1.

We thank you for your continued support and partnership.

Chris Butler
Senior Account Manager
Teranet Inc.

Update – MPAC / Display of Public Source Square Footage Data

Good morning RAHB members,

 

Thank you for all of your feedback regarding the MPAC/display of public source square footage data that was communicated last week. We heard you, and felt your frustration, and we have an update to share.

 

First, we want to highlight that RAHB did not voluntarily suppress public source square footage data from displaying on the MLS®. MPAC hastily imposed their decision to enforce the Terms and Conditions of Use regarding square footage, by advising that posting on the MLS® exact (actual) square footage – from any source – has been and will continue to be expressly prohibited.

 

Further, Teranet – as the exclusive provider of MPAC data through GeoWarehouse – provided very short notice to boards and associations of this prohibition. Although this is not a new rule or change by MPAC – this has always been within their Terms and Conditions of Use, but has never been enforced – RAHB was given less than a week’s notice to interpret and adhere to these demands.

 

Based on RAHB’s legal obligation to comply with MPAC/Teranet’s Terms and Conditions of Use, and to protect the Association and RAHB members from liability and breach of contract, the decision was made to no longer display or allow the choice of “Public Records” as a square footage source.

 

After meetings with MPAC, Teranet, ITSO and OREA, as well as hearing feedback from RAHB members, it has been decided to display historical public source square footage data internally for RAHB members. This is now in effect.

 

However, this is only an interim measure. It should be noted that MPAC’s Terms and Conditions of Use have not been amended; RAHB and its members remain at risk.

 

Additionally, RAHB cautions members in using public record/MPAC values as the sole source for square footage data. Instead, we advise that MPAC-sourced data only be used to validate property measurements that you have obtained using other verifiable methods.

 

RAHB continues to work in close collaboration with ITSO and OREA, as well as MPAC and Teranet, to research the matter for additional avenues, as well as determine a more permanent resolution. RAHB will inform and update members on this issue as changes are made.

 

If you have any questions, please contact the MLS® Help Desk at support@rahb.ca.

 

Thank you again for the feedback we received. Your engagement with RAHB helps to guide the Association and the real estate profession.

Update – MPAC / Square Foot Issue

As was communicated earlier this week by RAHB, as of Friday, September 18, 2020, MPAC is enforcing their Terms and Conditions of Use. This affects square footage data within the MPAC propertyline™ reports available through GeoWarehouse. This is not a new rule or change by MPAC – this has always been within their Terms and Conditions of Use; however, they are now enforcing it.

 

On Thursday, September 17, RAHB met with members of ITSO (formerly ORTIS/OC) and OREA to discuss the issue. All three groups are in agreement that ranges were not ideal representations of the data because they do not represent accurate and validated data. It was also agreed that MPAC’s information regarding square footage should not be relied upon as accurate data for that field – it should only be used as a tool to provide a reference point to assist in validation of the correct information.

 

Mandatory square footage remains in effect; however, RAHB no longer displays or allows the choice of “Public Records” (i.e. MPAC) as a square footage source. This decision was made based on research conducted by RAHB, ITSO and OREA.

 

Independently obtaining and verifying the accuracy of measurement for your listing:

 

 

In addition, it follows CREA’s REALTOR® Code, Article 4 – A REALTOR® has an obligation to discover facts pertaining to a property which a prudent REALTOR® would discover in order to avoid error or misrepresentation. https://www.crea.ca/wp-content/uploads/2016/03/The-REALTOR-Code.pdf

 

To help RAHB members comply with enforcement, below is a list of third-party vendors who measure/provide square footage. Please note that RAHB does not endorse or recommend the below vendors – this is a resource list for members to research.

 

 

RAHB members can also conduct the measurements themselves and use builder floor plans.

 

All measurements need to be accurate and defensible.

 

RAHB will continue to work in collaboration with ITSO and OREA to research the matter for additional options and solutions. RAHB will inform and update members as the situation changes.

 

If you have any questions, please contact the MLS® Help Desk at support@rahb.ca.

 

Teranet provided an FAQ, which could be helpful during this time. To access the FAQ, please click the below button.

TeranetFAQ

RAHB Renovations, Historical Tear Sheets and Furniture

RAHB is pleased to announce that, beginning this fall, the main floor offices of the building will be renovated for the first time since the last major renovation in 1997.  RAHB’s main floor tenant recently expressed an interest to enter into a long-term lease that will increase the size of their office space and install a private bathroom for their unit at no cost to RAHB. This tenant’s requirement for additional commercial office space presented RAHB with a unique opportunity to fulfill the expansion needs of an excellent tenant and increase non-dues revenue for RAHB over an extended number of years, while also renovating and optimizing RAHB’s office space to create a more productive and contemporary work environment. The Board of Directors approved the new tenant lease and the RAHB renovations at their meeting on September 2, 2020.

Staff have continued to work remotely since the beginning of the COVID-19 pandemic, as currently recommended by Hamilton Public Health, and are well-positioned to provide uninterrupted service to members over the next several months while renovations take place.

As part of the renovations, the historical files within the RAHB Resource Centre will be disposed of in the next few weeks (as is in keeping with best practice at associations/boards throughout Canada), the filing cabinet will be removed/repurposed, and the older furniture and accessories will be sold. Moving forward, the historical data can be found online (i.e. within RAHB database; GeoWarehouse, etc.).

Information and updates regarding the renovations and furniture (which will be made available for members to purchase) will be forthcoming as details are finalized.

Although the main floor of the RAHB office will remain closed, the Realty Shoppe continues to serve members via phone-in and online orders, with curb-side pick-up Monday through Friday, from 8:30 a.m. to 4:30 p.m. Plans are underway to open the physical RAHB Realty Shoppe to members in the future – dependent upon public health COVID-19 guidelines.

Thank you for your patience during this time. We are excited to transform the RAHB space for members and staff as we move closer to celebrating RAHB’s 100-year anniversary in 2021.

RAHB REALTORS® RELEASE AUGUST 2020 STATISTICS

The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,272 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in August 2020. Sales are down 21.14 per cent over last month and up 12.7 per cent over August of last year. New listings are down 16.1 per cent over July 2020 and up 7.3 per cent over last August. The average price for residential properties was $694,690, which is up 0.24 per cent from last month and up 16.3 per cent from August 2019. The number of active listings for the month was down 18.6 per cent over last year.

*The news release will be posted to www.rahb.ca/market-stats/ on Wednesday, September 2, 2020.*

Follow the links below for:

Burlington

Halidmand

Hamilton

Niagara North