MPAC Integration with GeoWarehouse® Coming Soon

Whether you’re working with a buyer or a seller, getting the property information you need just got easier. Starting on the evening of Wednesday, August 10, you will have access to MPAC’s assessment data – assessed property values, structural data, neighbourhood sales and more – through GeoWarehouse®.

New e-Store, Enhanced Search and Updated Reports

Also, MPAC is launching a new propertyline™ e-store available in GeoWarehouse®, giving you streamlined access to reports, mapping and imagery. You’ll now have access to MPAC property data with a single sign-on through GeoWarehouse®.

The new e-store is more modern and user-friendly with an enhanced property search allowing you to find properties seamlessly in GeoWarehouse® and propertyline™.

MPAC is introducing updated reports, including the Automated Valuation Model (AVM) reports with even more data.

You can also buy bundles of the updated reports in the new e-store, including two new report bundles for Commercial REALTORS®. Your credits for any previously purchased discount bundles in the current store are still available. When the launch of the e-store is complete, MPAC will transfer any remaining credits in the old store to your new propertyline™ account. 

On your first visit to the new propertyline™ e- store you will need to update your profile information. While you are there, check out a new feature called REALTOR® Insights. You can find what you’re looking for, including:

  • The latest property market insights,
  • Resources and personalized support, and
  • A schedule of upcoming free training webinars.

Have a question? Get in touch with MPAC at propertyline@mpac.ca. Or, check out the handy user guide to learn how to view property reports, use the mapping and imagery tools and more.

CREA Office Closed August 1

The Canadian Real Estate Association’s (CREA) office will be closed for the Civic Holiday on Monday, August 1 and will re-open on Tuesday, August 2.

On Monday, August 1, the Member Experience Centre will be closed. CREA WEBForms® support will be available until midnight (EDT). 

If you have any questions, please direct them to support@crea.ca prior to Thursday, July 28.
 
Have a safe and happy long weekend.

MPAC Webinars for REALTORS® – August 2022

Factors Affecting Residential Property Value
 
This webinar is a continuation of our MPAC Assessment 101 webinar series. We take a more detailed look at the top 5 factors affecting real property value when using mass appraisal techniques.
 
Participants will also learn about other property features that can significantly affect property value. These include elements of primary and secondary structures, site details and locational influences.
 
Join us for a more thorough look at MPAC’s valuation process.
Upcoming Factors Affecting Residential Property Value webinars
 
Wednesday, August 3, 2022
1 to 2 p.m. EDT
Register now
 
Wednesday, August 17, 2022
10 to 11 a.m. EDT
Register now
 
Wednesday, August 31, 2022
1 to 2 p.m. EDT
Register now
Automated Valuation Models (AVM) for REALTORS® 

This webinar provides an overview of our real-time market value estimates, used for listing presentations, setting the listing price, supporting an offer, or simply as a second unbiased opinion of value.
Upcoming Automated Valuation Models (AVMs) for REALTORS® webinars
 
Wednesday, August 10, 2022
10 to 11 a.m. EDT
Register now
 
Wednesday, August 24, 2022
1 to 2 p.m. EDT
Register now
Assessment 101 for REALTORS® 

MPAC Assessment 101 webinar has been customized for Ontario REALTORS®.
 
Training provides an overview of how MPAC collects data, measures properties, and instructions on calculating property taxes. We show REALTORS® how to access Assessment, Site, Structural, and Sales Data and provide an overview of our Automated Valuation Model (AVM) products customized for REALTORS®.
Upcoming Assessment 101 for REALTORS® webinars
 
Tuesday, August 9, 2022
10 to 11 a.m. EDT
Register now
 
Thursday, August 25, 2022
1 to 2 p.m. EDT
Register now
Assessment 101 for Commercial REALTORS® 
 
This webinar provides an overview of our methods for valuing commercial, multi-res and industrial properties. We will also take a detailed view at the data offered in sample reports. Participants will learn about assessment basics as well.
 
Join us for a more thorough look at MPAC’s Commercial and Industrial data products.
Upcoming Assessment 101 for Commercial REALTORS® webinars
 
Tuesday, August 2, 2022
1 to 2 p.m. EDT
Register now
 
Thursday, August 18, 2022
10 to 11 a.m. EDT
Register now
 
Tuesday, August 30, 2022
1 to 2 p.m. EDT
Register now

Reminder: REALTOR Link® is Sunsetting This Fall

This is a friendly reminder that REALTOR Link® is sunsetting this fall.

If you’ve already migrated your content over to a new platform, you’re all set. If you haven’t done so yet, you’ll need to migrate your content from REALTOR Link® to the platform/website of your choice by September 15, 2022.

CREA will make its member content and board and association staff tools available through member.CREA.ca. Members will also be able to navigate to the content site using links on member.REALTOR.ca. This means you’ll still be able to find popular content and tools, including:

  • member search and CREA ID lookup;
  • CREA WEBForms® (also available at WEBForms.ca);
  • CREA Learning Hub (hub.realtorlink.ca until further notice);
  • legal and compliance resources;
  • federal and public outreach;
  • economic insights and housing market data (also available on CREA.ca);
  • CREA events information; and
  • other resources for board staff including National Data Standards (NDS) lookup and the Data Load monitor.

Have You Migrated Your Data from Collaborate to REALM™?

Get started now. Watch how to easily use REALM™’s built-in assistant to migrate your contacts, documents and saved searches from Collaborate. After September 2022, you will no longer be able to use Collaborate.

Or, follow the below steps:

  • Visit the “Show me how” tab to explore the onboarding tutorials, walk-throughs and other helpful resources on the features and functions of REALM™. On your desktop, it’s accessible on the right side of your screen.
  • Click on “Onboarding” and scroll to the bottom. A step-by-step guided migration from Collaborate to REALM™ will start.

What’s New in REALM™ Home?

This is your one-stop shop for all things REALM™. Now you can discover a handy resource to help your clients get familiar with this new MLS® System, including how to search and save a listing.

While you’re there, head to the enhancements page to learn about new features and functions.

Canadian home sales down again in June, but declines are getting smaller

Ottawa, ON July 15, 2022 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in June 2022.

Highlights:

  • National home sales fell by 5.6% on a month-over-month basis in June.
  • Actual (not seasonally adjusted) monthly activity came in 23.9% below the June record set in 2021.
  • The number of newly listed properties was up 4.1% month-over-month.
  • The MLS® Home Price Index (HPI) edged down 1.9% month-over-month but was still up 14.9% year-over-year.
  • The actual (not seasonally adjusted) national average sale price posted a 1.8% year-over-year decline in June.

Home sales recorded over Canadian MLS® Systems fell by 5.6% between May and June 2022. Although larger declines were recorded in April and May, monthly activity has dropped to slightly below average levels for the month of June. 

Access the June 2022 stats PDF.

June 2022 Market Stats Infographics

Total Residential Transactions & Seasonally Adjusted
Average Selling Price & Seasonally Adjusted
Total New Listings & Sales-to-New Listings Ratio
Property Days on Market & Listing Days on Market

All Leasing Activity & All Sales Activity
Avg. Industrial Lease Rate & Avg. Com/Ret Lease Rate
Avg. Office Lease Rate
%d bloggers like this: