CREA News
New look for REALTOR.ca (more…)
OREA Update
Call for Candidates – Ontario Real Estate Association
The Ontario Real Estate Association has six openings on the OREA Board of Directors: three Directors at Large and three Provincial Directors (one each from the Central, Northeastern and Southern areas). The election will take place March 5, 2014. (more…)
Realty Shoppe
2014 Daily Planner
Available by advance order only until November 29!
Special Order – Limited Time Offer 
This planner is in an attractive 3-ring burgundy binder, accented with the REALTOR® logo embossed on the cover. Inside, each day’s page (5 ½”w x 8 ½”h) provides for hourly appointments from 8:00 a.m. – 10 p.m. and has ample room for additional notes. Index tabs separate the months and also identify telephone directory and reference sections for expense records, amortization charts and land transfer tax calculations.
Insert only @ $16.00 each*
Binder only @ $19.25 each*
NEW in the Shoppe!
4-tier business card holder
– clear plastic, desktop
$3.90 each*
Stickers
– red print on white background
$0.40 each*
– red print on black background
$0.41 each*
OREA News
Notice from OREA – Rental Items Information (more…)
RECO News
RECO Consumer Publication
RECOnnect is RECO’s newsletter for home buyers and sellers. It is published two times per year and is their most important consumer publication. While the publication is geared toward consumers, RECO encourages real estate professionals in Ontario to share it with their clients to help reinforce the value of their services.
While RAHB has a few printed copies available, RECO advises that the publication is also available online at RECO’s website (www.reco.on.ca ) and encourages you to print or share it electronically via blog posts, website links, social media and e-blasts.
Canadian home sales edge higher in September
According to statistics released by The Canadian Real Estate Association (CREA), national home sales posted a small month-over-month increase in September 2013.
Highlights:
- National home sales edged up by 0.8% from August to September.
- Actual (not seasonally adjusted) activity came in 18.2% above levels in September 2012.
- The number of newly listed homes declined by 1.4% from August to September.
- The Canadian housing market has tightened but continues to remain balanced.
- The national average sale price rose 8.8% on a year-over-year basis in September.
- The MLS® Home Price Index (HPI) rose 3.1% year-over-year in September.
The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations and other co-operative listing systems edged up a modest eight-tenths of one percent on a month-over-month basis in September 2013.
Click here for more information.
CREA News – REALTOR® Action Network – Get Involved!
Have you joined the REALTOR® Action Network (RAN) yet? (more…)
OREA News – OREA promotes REALTOR® value
Check out how OREA is promoting REALTOR® value this fall: http://www.orea.com/wedothehomework
CREA updates resale housing forecast
The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations for 2013 and 2014.
CREA’s previous two forecasts anticipated that national sales activity in 2013 would improve following the slow start to the year, buoyed by the continuation of low interest rates amid a constructive economic backdrop and the return of buyers who deferred purchase decisions or were otherwise sidelined in the wake of tighter mortgage rules and lending guidelines implemented last year.
Read more here.
Canadian home sales up in August
According to statistics released by The Canadian Real Estate Association (CREA), national home sales posted a month-over-month increase in August 2013.
Highlights:
- National home sales rose 2.8% from July to August.
- Actual (not seasonally adjusted) activity came in 11.1% above levels in August 2012.
- The number of newly listed homes was up 1.8% from July to August.
- The Canadian housing market has tightened but remains in balanced territory.
- The national average sale price rose 8.1% on a year-over-year basis in August.
- The MLS® Home Price Index (HPI) rose 2.9% year-over-year in August.
The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations and other co-operative listing systems rose 2.8 per cent on a month-over-month basis in August 2013. The number of local markets where sales improved on a month-over-month basis ran roughly even with those where activity edged lower in August, with increases in major urban centres tipping the balance.
Read the entire report here.
CREA Updates FINTRAC Forms – Brokers must use new form
As a result of feedback from members and FINTRAC, CREA has updated its risk assessment form to make it easier for brokerages to comply with their obligations under the Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations (Regulations). The Regulations require brokerages assess and document their threats and vulnerabilities to money laundering and terrorist financing at least once every two years. (more…)
OREA News – HomeVerified Home and Neighborhood History Reports
A message from the Ontario Real Estate Association
OREA has received member inquiries about privacy issues arising from HomeVerified home and neighborhood history reports. These reports disclose the history of insurance claims and reported incidents of marijuana grow-ops and methamphetamine labs at subject properties. They are currently available for purchase by listing brokers through Teranet’s GeoWarehouse. (more…)