When buying your first home, you’ll find there’s never a shortage of free advice. But in a world of so many opinions and instant experts, there are always going to be a few myths floating around to confuse you. As an experienced agent, I hear many first homebuyers make statements that illustrate they’ve been innocently…
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It wasn’t so long ago Canadians were talking about mortgage costs and property prices as one of the nation’s most pressing concerns. Times move quickly, however. Now conversation has swung to the possible impact of tariffs from the United States, and our economic wellbeing (not to mention this year’s coming election and changes at the…
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With a modest cut of 0.25% in the cash rate in February, many young buyers have been asking why interest rates have been so high. To many older Australians the current cash rate of 4.1% represents incredibly cheap money. Many will recall the days when banks charged up to 17% in the early 90s. Those…
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We all know the property market warms up when spring and summer come around. And 2025 could be hotter than anyone anticipated. The Bank of Canada has reduced the interest rate for the sixth time since last April, and inflation remains low and stable at 1.8%. For many upsizers and first-time buyers, the question is…
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There’s a growing appreciation of walkable neighbourhoods – those vibrant urban enclaves where daily necessities and leisure activities are within strolling distance. This shift reflects a desire for a more connected, active and sustainable lifestyle with benefits ranging from improved health and well-being to reduced environmental impact. A walkable neighbourhood is characterised by its pedestrian-friendly…
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Building more homes to increase affordability is always going to be a double-edged sword in this country. It’s great news for young buyers trying to break into the market, but a sobering trend for owners who rely on their homes to be their great financial assets. Consequently, the property market and its participants are keenly…
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Zillow economists have crunched the numbers! They’ve analyzed their page-view traffic for nearly 2,300 American cities – plus data on property value growth and days on the market – to rank their users’ most desired locations. Would you guess Zillow users wanted the excitement of New York or L.A.? Or would they prefer those peaceful…
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The impending imposition of a 25% tariff on all steel and aluminum imports has sent ripples of concern across our housing and construction industry. Tariffs placed on eight countries plus the 27 members of the European Union are to take effect on March 12, 2025. They could significantly impact the cost of home construction and…
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The rapid advancement of technology and AI is revolutionising Canada’s real estate industry and changing how properties are being bought and sold. If you’re thinking of selling, talk to your agent about how you can best use these technologies to maximise impact and minimise your marketing expense. Here are six technological advancements that can save…
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The average price of a home in New Zealand is on the rise, and the latest 0.5% cut in the Official Cash Rate (OCR) is likely to add to the momentum of the real estate recovery. Even before the Reserve Bank of New Zealand got out its knife to reduce rates for the fourth time…
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