Against a background of speculation that we may see a fourth rate cut from the Bank of Canada, a new survey suggests young Canadians have rediscovered their desire to buy their own home. And that’s great news for the entire market! Interest rates are currently at 3.25%, and retail banks are bending over backwards to…
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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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Purchasing your first home can feel like you’re about to climb a mountain that will confront you with challenges you’ve never faced before. Any fear of being overwhelmed is understandable, but it doesn’t have to be that way. After all, more than 500,000 property purchases are projected to be made in Canada this year, according…
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This could be a moment of consolidation for investors as new data shows the stellar, post-Covid growth in rental income is coming to an abrupt end. Instead, investors seeking to expand their portfolios should be looking at the prospects of capital growth. And, if you’re in the market to add another property to your portfolio,…
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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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The Kiwi property market enters 2025 in an environment of falling interest rates, new lending rules, economic challenges and an increasing number of properties coming onto the market. It’s a lot to take in. After a tough couple of years for upsizers and aspiring first homebuyers, our real estate scene is finally loosening up thanks…
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The rise of remote working continues across the US today, even though many companies are now calling their workers back to the office. As an experienced agent, I see how the work-from-home movement continues to transform the real estate scene. Buyers continue to prioritize properties that have suitable space for a home office, and they…
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The real estate market, much like the weather, experiences its own kind of seasonality. While the spring and summer months often bring a flurry of activity, the winter season typically ushers in a period where upsizers can put their home on the market with confidence but enjoy a little more time choosing their next purchase.…
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Real estate prices displayed considerable resilience in 2024, but the burning question now is whether the supply and demand equation will keep values buoyant while we all wait for the much-promised and delayed interest rate cuts. Predicting when rates might fall from 4.35% is like playing roulette. With so many economic and geo-political factors in…
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Buying your first property is one of the most exciting moments in your life. For most first homebuyers, they will be hatching plans to renovate or make cosmetic improvements so their first apartment feels like their own home. The price of property – plus current interest rates – has forced many young buyers to modify…
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