Finding the perfect home is about more than having enough bedrooms, square footage, or falling in love with the property’s curb appeal. You also want to be sure about your neighbors, and I am not talking about the ones on the other side of the fence or across the street. These neighbors are more like…
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A shortage of homes for sale across America can lead to some buyers making rash decisions to win a property against other interested parties. This is dangerous – by all means fall in love with the home of your dreams, but you must know exactly what you are buying. Whether you’ve targeted an apartment, condo…
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A chink of light has appeared at the end of the tunnel of American property sales. For the first time in five months home sales are up, rising 1.3% in July compared with June and signaling a potential turning point. Using annualized figures, America is on track to buy and sell 3.95 million homes over…
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WIth two interest rate cuts under our belt, and more promised by the Bank of Canada, how is this affecting the spending power of those wanting to buy their first home, or upgrade to a bigger property? So far, Canada has seen rates cut for two successive months, moving the cost of cash from 5%…
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For months now, owners have been keeping a keen eye on the falling rate of inflation in the hope it would signal cheaper mortgage costs and boost the property market. Now Canada’s inflation is 2.5%. It doesn’t mean anything is any cheaper, but it signals the fast pace of price rises, which most global economies…
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It’s the calm before the storm – two interest rate cuts are now complete but the housing market remains stubbornly poised for growth as buyers and owners wait to see the impact. Home sales fell 0.7% in July, compared with the June numbers, according to the Canadian Real Estate Association (CREA). June had recorded a…
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Residential sales have been predicted to rise by more than 6% this year as the Canadian real estate market begins to bounce back from a quiet start to the year. Two interest cuts that have taken the cash rate to 4.5% are expected to entice more sellers into the market to meet the pent-up demand…
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The latest data from digital marketplace Wowa suggests a two-speed real estate scene across Canada right now. Even with two recent interest cuts that took the benchmark to 4.5%, parts of the property market remain red-hot while others appear stuck on the cool side. Wowa’s Housing Market Report released in June found national transactions totalled…
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Australian dwelling values increased a further 0.7% in June, taking growth to 8% across the financial year ending June 30. The CoreLogic data suggests the median average value increase for every Australian property was $59,000. The average price of a home – any residence, be it a house, apartment or duplex – is now $794,000.…
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Buying property at auction is very different to that of a private sale with the latter usually a less stressful process. However, sales agents and vendors generally prefer auction sales as they can drive the property price higher and faster. Buyers may also prefer auctions as they can see the competition around them and get…
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