Momentum is picking up in the major Australian real estate markets judging by the latest trendlines in auction clearance rates. The improvement is particularly noticeable in Melbourne and Sydney, while most other capital cities continue their strong performances. The only exception is the new multi-million-dollar market of Brisbane, where the trend has dipped slightly. Industry…
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Deciding to renovate any part of your home before selling is a serious investment decision. While you may feel your home needs a fresh kitchen or bathroom, how would you know if a new installation had paid dividends once the sale was signed and sealed? Is it really worth spending $20,000 on European appliances to…
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With the spring sales season around the corner, it’s a fabulous time for apartment owners to consider their next real estate move. Whether you’re planning to stick with your apartment lifestyle or move into a house, the most immediate consideration is to maximise the value of your existing property. As you’ll no doubt know from…
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While much of Australia continues to wake up to brisk mornings and endure chilly evenings, the reality is that spring is just around the corner – and that means the peak selling season for real estate. The market mood is now swinging in a highly positive direction thanks to two interest rate cuts since February…
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In the world of real estate, it’s becoming increasingly clear TikTok is having a massive impact on how we design and furnish our homes. It’s no secret a viral TikTok video can create waves worldwide. It’s also true that even moderately popular videos and viewpoints are influencing areas such as lifestyle, design and property choices…
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One of the challenges many Canadians face when deciding to buy and sell a home is how to assess the quality of their real estate agent. Exactly what should you expect from someone with whom you’re trusting your largest financial asset? And on what criteria do others make their judgment when appointing an agent? For…
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Easing concerns around US tariffs and falling interest rates have ignited renewed interest in the real estate market with the sales numbers rising for two successive months. With 86% of exports to America remaining duty-free under the current Canada-United States-Mexico Agreement (CUSMA), consumer confidence has rebounded from its March slump. Consumer spending has remained resilient…
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The first sign of the Canadian real estate market turning the corner has come with a 3.6% lift in the number of home sales and national price averages holding firm. It’s the first time since November that the number of homes sold has increased, says the Canadian Real Estate Association (CREA). The MLS Home Price…
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After cutting interest rates more aggressively than any Western economy, the Bank of Canada (BoC) has decided it’s time for reflection and has kept the cash rate on hold at 2.75%, ending a 14-month run of cuts. The central bank held the rate at 5% from July 2023 to May 2024 before beginning a series…
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Canadians will often debate whether riding the stock market rollercoaster or buying property is the better investment. And while we all know real estate values have risen, there’s been precious little data to show the power of property ownership to generate wealth. Until now. A new study from Statistics Canada says that for the past…
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