The false expectation that Australia would see interest rates tumbling by now has played a significant role in dampening the spring sales season, according to industry researcher CoreLogic. Its newly-released numbers show prices have continued to hold their ground but the number of transactions were less than historic norms. For the three months ending November…
Read more
Every year, most owners will get a reminder to pay their home and contents insurance, and then transfer the cash without understanding exactly what they’re buying. So, what does the average policy cover? Firstly, let’s differentiate between home and contents cover. If you’re insuring your house, then your home policy should cover the structure of…
Read more
Economic news might have been less than we’d have wanted for Christmas, but the property market is showing signs of resistance. And that’s good news for buyers and sellers alike. Prices are on the rise for the first time in seven months, according to the monthly Valocity housing report. While the 0.7% rise is not…
Read more
As we enter 2025, Kiwis will be wondering what the property market holds for the next 12 months, and whether values will start to rebound on the back of some aggressive rate-cuts from the Reserve Bank of New Zealand. As an experienced agency, we can see a mixed picture that’s going to be dominated by…
Read more
Two mortgage rate cuts of 0.5% in succession have given Canadians renewed optimism about the property market. The national average sale price has risen 7.4% to $694,411, according to new figures from the Canadians Real Estate Association (CREA). And with our cash rate now 3.25% – one of the lowest among developed economies – homebuyers…
Read more
As we enter 2025, Canadians homebuyers and owners will be looking at a myriad of economic and political issues that could influence their decision to review and change their mortgage arrangements. While our agency does not pretend to be a financial adviser, it’s clear the situation for mortgage holders is changing quickly. The Bank of…
Read more
First-time buyers emerge With interest rates now retreating after two years of prohibitive mortgage costs, the real estate landscape is starting to open up for first homebuyers. Many first-time buyers put their ambitions on hold as the cost of cash rose after the pandemic, and we also saw a historic spike in property values in…
Read more
A quirk of the Australian property scene is the fact there is more than one “scene”. In fact, there are eight – each run by our federated state or territory governments. This makes life pretty hard for investors, who have to navigate the rules and regulations of each jurisdiction, or a homeowner who is looking…
Read more
When will interest rates start coming down? It’s the biggest question in the real estate market right now. It seems incredible to think the Reserve Bank of Australia actually put them up to 4.65% in November last year. Since then, it has steadfastly refused to move despite having seven meetings to consider its options. As…
Read more
Understanding how to handle the pressure of auctions is an essential skill in your home-buying arsenal of knowledge and experience. While not every market favours auctions, many of the most prestigious properties go under the hammer in the expectation that buyer competition and the pressure of the moment will drive up the price. Nationally, at…
Read more
