With the Australians hanging out for an interest rate cut (and we got a little one eventually), our real estate market has started 2025 stable and optimistic. Overall, the average property price hasn’t moved. Home values have held firm in January with a 0.0% change, according to the industry researcher, CoreLogic Data for the coming…
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Another reduction in interest rates has given the New Zealand real estate market an additional shot in the arm. Real estate agents are reporting the 0.5% reduction in the Official Cash Rate (OCR) to 3.75% has sparked an immediate response from first-home buyers. While this is only anecdotal evidence, data over the longer term suggests…
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In the exciting whirlwind of purchasing a property, it’s easy to get caught up in the emotions and overlook crucial details. One step should never be skipped – the professional building inspection. It will uncover hidden problems and potential risks, saving you from costly surprises down the track. A thorough inspection is not just a…
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The real estate scene has made a fast and furious start to 2025 with speculation of property tax reductions from the new Trump administration, and sobering forecasts about the cost of a mortgage this year. The Federal Reserve has announced it’s not going to follow through on an anticipated campaign of incremental interest rate cuts…
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Buying your first home is a truly memorable and exciting experience – but it’s when you go shopping for furniture that you start to enjoy retail therapy. But beware! There’s a skill to buying furniture for your first home. Don’t simply rock up to Ikea, or another furniture store, and begin picking out your favourite…
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In real estate, we’re all about maximising the space of our homes. Today, with home values at record levels, it’s never been more important than to make the most of every square metre. When you’re selling your home, agents will encourage you to ensure each room, and every nook, has a purpose. Otherwise, buyers will…
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Changes to rules for how you can buy property in Canada are likely to give the local market a significant boost in 2025 and beyond. It’s great news for upgraders and first homebuyers after a two-year period of high interest rates and appreciating property prices. The price cap for taking out an insured mortgage is…
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If you’re seeking to understand the long-term picture for Australian property – either to sell or invest in the months ahead – a good indicator is the building approval data from the Australian Bureau of Statistics (ABS). While the numbers often fluctuate from month to month, the ABS reports give you a solid trend over…
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Predictions of a turnaround for the Canadian property market follow a quiet transaction period as we ended 2024. And while last December may seem a lifetime ago now, the transaction trend in many urban centres suggests there’s excellent buying opportunities if you can make your move before the 2025 market really springs into action. As…
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Everyone seeking to enter the Australian property market in 2025 will be paying closer attention than ever to the fortunes of local real estate. A mixture of economic uncertainty, low unemployment and labour shortages, together with anticipated interest rate cuts and a federal election, will all have an influence on the 2025 market. We ended…
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