The rental shortage that caused such an outcry in the aftermath of Covid is back with the national vacancy rate at just 1.47%. Scarcity of rental properties is forcing many Australians to look for new, longer term leases for fear they are going to have their current ones terminated by landlords seeking higher rents. A…
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In a new landmark survey, industry leaders and investors have raised significant concern about the burden of real estate tax increases being imposed by state governments and local councils. A third of all members of the Property Council of Australia (32%) put taxes and charges at the top of their concerns in the sixth annual…
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The journey to buying your first home often feels like an uphill battle – saving the deposit, navigating interest rates and facing the rising cost of property. The reality is that the market offers strategic advantages that can dramatically shorten your timeline. So, let’s cut through the noise and share three powerful, up-to-date hacks that…
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The spring market continues to deliver handsomely for homeowners with national values increasing month-on-month by another 0.7%, according to the latest data from Cotality’s Home Value Index (HVI). The result, the strongest monthly gain since May 2024, means property prices have now risen 4.1% year-on-year, according to Cotality figures. If the current growth trends continue…
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Sales agents ask you lots of questions when you’re beginning the process of selling your home to upsize, downsize or move interstate. One of the more interesting ones is, “What do you love about your home?” It’s a good idea to pause before you answer. Why? Because you know better than anyone else what makes…
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In this spring market, Australian property has become so competitive that it feels like the majority of owners in the mid-tier and luxury segments are investing in styling their homes to impress buyers. Even an average four-bedroom family home can comfortably cost $8,000 or more to style. Of course, the majority of the cost is…
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There are many signs of the Canadian market improving, but the biggest signal everyone wants to see is an upward shift in value trends – and that seems to be a few months away. A rising level of inventory of homes for sale is keeping a lid on prices. This is despite the Bank of…
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Property sales are on the rise across Canada, jumping another 1.1% month-over-month in August, according to the Canadian Real Estate Association (CREA). Buyer sentiment is picking up in Montreal, Greater Vancouver and Ottawa, giving Canada its best market performance in August for four years. Deal numbers have now increased for a fifth straight month, signalling…
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The strength of the Canadian real estate market is not just determined by the supply and demand dynamics that exist between buyers and sellers. There’s also a wider set of economic issues that influence property values, such economic growth, job security and the cost of borrowing. New data indicates the path to recovery for the…
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The anticipated real estate recovery is beginning to take shape in good news for both sellers and buyers, and the Bank of Canada (BoC)) has recently injected additional optimism with its first interest rate cut in six months. We’re seeing a largely two-speed recovery in which markets with affordability challenges and strong inventory of homes…
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