RAHB REALTORS® Release January 2020 Market Statistics

The REALTORS® Association of Hamilton-Burlington (RAHB) reported 692 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in January 2020. Sales are up 5 per cent over the same month last year, and up 18.3 per cent over December 2019. The average price for residential properties increased by 11.9 per cent from January 2019 to $617,496.

Follow the links below for:

Burlington

Halidmand

Hamilton

Niagara North

 

RAHB Releases 2019 Year-End Statistics: A Modest Sellers’ Market

The REALTORS® Association of Hamilton-Burlington (RAHB) reported 12,866 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in 2019. This is 10.1 per cent more sales than in 2018. The average price of a residential property in 2019 was $587,745. This is up 4.9 per cent from 2018, and 95.3 per cent higher from 10 years ago. New residential listings were down 4 per cent compared to the previous year.

Please click here for the full release.

Follow the links below for more 2019 year-end statistics:

Burlington

Hamilton

Haldimand

Niagara North

 

 

 

RAHB REALTORS® Release December 2019 Market Statistics

The REALTORS® Association of Hamilton-Burlington (RAHB) reported 585 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in December 2019. This years December sales are up 3.9 per cent over December 2018; however, are down from both November and October of this year. The average price for residential properties increased by 7.6 per cent from December 2018 to $581,566.

Follow the links below for:

Burlington

Halidmand

Hamilton

Niagara North

 

WEBForms® 2019 – UPDATE

WEBForms® 2019

CREA has decided to keep WEBForms® Legacy open past January 2, 2020.

Dear RAHB members,

CREA has been provided feedback on WEBForms® 2019 regarding difficulty of use and glitches. CREA has decided to keep WEBForms® Legacy open past January 2, 2020, allowing members access to the Legacy transaction kits to migrate to the new system. We have not been given a deadline date.

As a full member of RAHB, if you wish to migrate any of your transaction kits from Legacy to WEBForms® 2019, please click the below button for directions on how to get started:

WEBForms® 2019 Migration Instructions

CREA WEBForms® 2019 Resources

If you have any questions or concerns, CREA is asking members to contact their Member Support Team at support@crea.ca or 1.800.842.2732.

The CREA WEBForms® 2019 Member Support Team has extended its hours and is now available from 8 a.m. to midnight (EST) on weekdays and 8 a.m. to 10 p.m. (EST) on weekends.

Please find below an FAQ, which highlights some differences between CREA WEBForms® 2019 and CREA WEBForms® Legacy. This FAQ can also be found on the WEBForms® section on CREA’s REALTORLink® page.

Click here to read the FAQ.

The WEBForms® Training material on the Training Hub can be found here.

Below is a new video highlighting some of the features.

To further facilitate this transition, CREA has made a couple of adjustments to help members take the plunge:

  1. On December 4, 2019, CREA flipped the landing page experience for all users. That means, as of December 5, 2019, everyone who accesses WEBForms® will land in the new CREA WEBForms® 2019 environment. You will only be able to go back to the legacy version until the official cut-off on January 2, 2020.
  2. On December 16, 2019, WEBForms® Legacy switched to “Read Only Mode”. This means that members are still be able to access and edit existing transaction kits, download forms and migrate kits, but are no longer able to create new transaction kits in Legacy. Preventing new transaction kits from being created in a system that is two weeks away from going offline is a safeguard against a member creating a transaction kit one day and not having access to it the next.
  3. Finally, before the end of the year, CREA will be issuing a maintenance release for CREA WEBForms® 2019. This release will include the convenient “Dynamic Paging” feature, meaning members will no longer need to start with multi-page schedules or use the “add page” function; pages will be added automatically as needed.

Getting started is easy and often takes less than an hour. In fact, you can dip your toes with these videos outlining the basics in just five minutes.

  • Migrating old transaction kits from the legacy version of WEBForms® to CREA WEBForms® 2019. (Note: your transactions will be editable, but forms will migrate over as flat document

  • Creating a Basic Transaction (outlining the quickest way to create a basic transaction.)

 

Further Training Resources

If you require further training, a support option is available within WEBForms® 2019, through the Member Dashboard.

And scroll down to the bottom of the page, where you can find training webinars, help guides, training videos, and recorded webinars.

 

If you have any questions or concerns, CREA is asking members to contact their Member Support Team at support@crea.ca or 1.800.842.2732.

The CREA WEBForms® 2019 Member Support Team has extended its hours and is now available from 8 a.m. to midnight (EST) on weekdays and 8 a.m. to 10 p.m. (EST) on weekends.

Cumulative Days on Market (CDOM)

Effective Tuesday, December 10, 2019, a new business rule was implemented in the RAHB Matrix system for Cumulative Days on Market (CDOM).

When a listing is “cancelled” or “expires” and is relisted with the same Brokerage within a period of 60 days from the date of cancellation or expiry, the cumulative days on market (CDOM) will continue counting the total days on market.

When a listing is “cancelled” or “expires” and is relisted after a period of 60 days with the same Brokerage, the CDOM counter will reset and begin counting at zero.

If a listing is “cancelled” or “expires” and is relisted with a different Brokerage, the CDOM rule will not apply.

This change will ensure the actual Days on Market is reflected in the listing history.

The CDOM will appear on the REALTOR® Full report for all property types.

Should you have any questions, please contact the RAHB MLS® Help Desk at 905.667.4650 or support@rahb.ca.

RAHB REALTORS® Release November 2019 Statistics

The REALTORS® Association of Hamilton-Burlington (RAHB) reported 955 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in November 2019. November sales are down from October and September, but up from November 2018 by 5.5 per cent. The average price for residential properties increased by 5.6 per cent from November 2018 to $591,334.

Follow the links below for:

Burlington

Halidmand

Hamilton

Niagara North

 

Ontario REALTOR® Party Conference & Trust in Real Estate Services Act, 2019

From Sunday, November 17 to Tuesday, November 19, delegates from RAHB went to Toronto for OREA’s ORP Conference to hear some dynamic speakers and meet with elected officials from within RAHB’s market area. Below are some photos from the conference, as well as information regarding the new legislation that was introduced at Queen’s Park on Tuesday, November 19, 2019.

RAHB delegates (RAHB President Bob Van de Vrande, GR Vice-Chair Dave Zalepa and GR Chair Margaret Reid) had the pleasure of meeting with NDP leader Andrea Horwath, MPP. RAHB provided Ms. Horwath with information about RAHB, as well as information regarding the modernization of REBBA, 2002.

Trust in Real Estate Services Act, 2019

Personal Real Estate Corporations.

We have been fighting for them for almost a decade.

For far too long, REALTORS® have not had access to the same tax treatment as most other regulated professions in Ontario and that is finally changing.

The Government of Ontario has just introduced legislation that will modernize the Real Estate and Business Brokers Act, 2002 (REBBA). The Trust in Real Estate Services Act, 2019, is a game-changing piece of legislation that, once passed, will allow REALTORS® to form Personal Real Estate Corporations.

This is a historic day for Ontario REALTORS® and the buyers and sellers they represent.

In addition to permitting Personal Real Estate Corporations, the Act promises to:

  • Fix the broken real estate disciplinary system – the provincial regulator, RECO, will have greater ability to suspend or revoke licenses and pursue investigations of the worst offenders.
  • Create higher education standards–  implement specialty certifications for REALTORS® that will allow Ontario consumers to identify REALTORS® who have training or expertise in a particular area of real estate.
  • Maintain a consumer’s right to choose the REALTOR® they know and trust– continue to permit the practice of multiple representation.

The Act will bring forward a number of other key changes to reflect real estate in Ontario today. OREA will be sharing the details of all the changes with Ontario REALTORS® shortly.

For more information from OREA, please visit https://www.orea.com/News-and-Events/News-and-Press-Releases/Press-Releases/November-19-2019.

RAHB Annual Election Information

In accordance with RAHB Bylaw Article 14 – Notices, Section 1.02, please find below your electronic copy of the Notice of Election Meeting for the December 4, 2019 Annual Election Meeting.

NOTICE OF ANNUAL ELECTION MEETING
Wednesday, December 4, 2019
Michelangelo Events and Conference Centre
1555 Upper Ottawa Street, Hamilton
Registration 8:30 a.m. | Meeting: 9:30 a.m.
Click the below button for the complete Notice of Meeting Package (including RAHB Proxy, Standing Rules, and Meeting Minutes for March 27, 2019).

Candidates for the 2020 RAHB Board of Directors

In accordance with RAHB Bylaw Article 5, Section 7.03, the final slate of candidates for the 2020 Board of Directors was being sent to all members on November 20, 2019. Please click on the below button for the report from the Nomination Committee, including the list of six candidates:

How to Vote Online

Advance electronic voting is available November 26, 27 and 28, 2019 commencing a 12:01 a.m. on the first day and ending at 11:59 p.m. on the last day. Video presentations from the candidates and candidates’ profiles are also available on this site.

To view the candidate videos and to vote, please click the below button:

Online Voting & Candidate Videos

RAHB Annual Election Meeting & Guest Speaker

This year’s Election Meeting will feature CMHC’s Senior Analyst, Anthony Passarelli, who will be speaking on the Housing Market Outlook report that was released on October 24, and providing specific information on the Hamilton-Burlington area.

This is exclusive to RAHB members only, and is free for members who attend and participate in the election meeting. There will be a $10 + HST charge to your RAHB account:

  • If you pre-register for the meeting and CMHC Housing Market Outlook, but do not attend, and do not cancel prior to Wednesday, November 27, at 4:30 p.m., OR
  • If you attend the CMHC Housing Market Outlook only.

On the agenda:

  • Hot breakfast
  • Presentation of Scholarships in Memory of Karan Barker
  • Election Meeting
  • RAHB Year in Review
  • Special presentation by CMHC’s Anthony Passarelli
  • Installation of 2020 Board of Directors

Register Now

If you have any questions, please contact Carolyn in the RAHB office at carolyni@rahb.ca or 905.529.8101 x236.

Hope to see you at the Annual Election Meeting!

RAHB REALTORS® Release October 2019 Statistics

The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,145 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in October 2019. October sales are up from September and August, as well as up from October 2018 by 6.4 per cent. The average price for residential properties increased by 7.1 per cent from October 2018 to $602,029.

Follow the links below for:

Burlington

Halidmand

Hamilton

Niagara North

 

RAHB REALTORS® Release September 2019 Statistics

The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,020 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in September 2019. September sales are down from August and July, but are up over September 2018 by 3.2 per cent. The average price for residential properties increased by 8.5 per cent from September 2018 to $609,562.

Follow the links below for:

Burlington

Halidmand

Hamilton

Niagara North

 

RAHB REALTORS® Release August 2019 Statistics

Hamilton, ON (September 3, 2019) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,067 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in August 2019. August sales are down from July and June of this year, as well as August of 2018; however, the 2019 year-to-date number of sales is up 10.2 per cent over 2018. The average price for residential properties increased by 6.4 per cent from August 2018 to $599,589.

Please click here to read the full release.

Follow the links below for:

Burlington

Halidmand

Hamilton

Niagara North

 

RAHB REALTORS® Release July Statistics

Hamilton, ON (August 1, 2019) – The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,170 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in July 2019. This is a 10.3 per cent increase from July last year; however, a 2.7 per cent decrease over June 2019 and a 12.9 per cent decrease from May 2019. The average price for residential properties increased by 0.9 per cent from July 2018 to $593,702.

Please click here to read the full release.

Follow the links below for:

Burlington

Halidmand

Hamilton

Niagara North