New data shows rents beginning to fall, challenging landlords and investors who continue to face increasing compliance and maintenance costs. Canada Mortgage and Housing Corp (CMHC) says rents for a two-bedroom apartment are down in four of seven markets it analysed due to falling immigration intakes and an increase in the supply of rental properties.…
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The New Zealand market is stuck in a bit of a groove right now. We’re continuing to see price stability nationwide with in-demand areas strengthening, while the stragglers struggle to gain buyer traction. Happy owners include those in Arrowtown in the Queenstown-Lakes, which has seen values rise an average $178,000 in six months, and those…
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With rental markets super-tight across Australia, it’s easy for investors to take the foot off the pedal and assume they’ll find a great tenant, and the rental income will keep rolling in. Perhaps that’s true for some, but most investors need to work a little harder to find good and loyal tenants who’ll respect the…
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Construction costs appear to be climbing again as inflation continues to hamper new building projects and provides a sober reminder for renovators and buyers of new homes that your budget can get blown out of the water. Building materials became 0.5% more expensive in the June quarter, following an increase of 0.4% in the March…
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Property values have now clocked up their fifth straight month of growth with all the signs suggesting prices may accelerate with the prospect of more interest rate cuts before the end of the year. Nationally, monthly values increased 0.6% with bellwether markets Sydney (+0.6%) and Melbourne (+0.5%) both strengthening in terms of auction clearances. Darwin…
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For investors, prices in the bellwether markets of Sydney and Melbourne are beginning to strengthen, providing an immediate opportunity to achieve capital growth if you move quickly. Recent data from InvestorKit – a leading data-driven property investment advisory firm – shows a resurgence of market pressure within the inner and middle suburban rings of Sydney…
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The respected financial institution, Macquarie Bank, has given its 2025 mid-year economic outlook, and it sounds positive for property owners and investors while giving hope to first-home buyers. For anyone thinking of entering the market in the next 12 months, there is likely to be a concern at the back of your mind about the…
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Australia’s clearance rate at auctions is showing an increasingly healthy trendline with data companies such as Cotality and Domain regularly reporting a success rate of more than 70% – a benchmark for a healthy market. But what happens to the other 30% of properties that don’t sell? Do they get bought? Yes, except for a…
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When saving for your first home, the impact on your lifestyle can be considerable. Putting money aside for a deposit takes priority over fancy holidays, expensive cars and nice meals with friends. There’s no shortage of sacrifices to be made – and it’s been like that for generations. The challenge becomes more difficult if you’re…
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It doesn’t matter how long you’ve been a homeowner – one day or 10 years – trying to position your furniture in the living room of a new property can be a challenge. When we move into a new home, these are some common questions we ask ourselves: Does the furniture fit? What’s the best…
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