Purchasing real estate has been a rising challenge for aspiring first homebuyers due to a combination of higher prices and wage stagnation, but there are a number of government schemes to help young Canadians. The recent change in market momentum that now favours the buyer – thanks to an increasing number of homes for sale…
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Looking into the crystal ball of real estate is a perilous pastime. Any experienced agent will tell you it’s more important to transact when you are ready, rather than try to buy and sell a home like you would offload shares. By the time you’ve picked up on a new market trend, it’s usually too…
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The day you own your first home is joyous – finally you’re on the property ladder with a place of your very own and the opportunity to build your wealth. And after probably saving for years for your deposit, there should be no small measure of delighted relief that you’ve achieved your goal. Of course,…
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Who can blame any buyer and seller for beating a retreat from the property market with a global trade war looming involving our nearest neighbour. The shock and uncertainty of tariffs between the world’s biggest economies and ensnaring Canada has caused every Canadian to recoil and reassess. The latest figures from the Canadian Real Estate…
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It’s always good to know your options when it comes to mortgages. While so much time and effort is spent on finding and buying the right property, we often don’t think enough about the type of mortgage we’re choosing. And we think about mortgages even less when interest rates fall, as if that is the…
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Who doesn’t love the idea of selling your home for more than expected? No one, of course. But what are the features of a home that command a premium with today’s cautious buyers? The aggregator Zillow loves to delve into its database and come up with answers to these types of questions. There’s no guarantee…
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With interest rates in full retreat, Kiwi confidence in the property market grows stronger with every month that passes. The number of successful sales has increased 3.4% on last year’s numbers, and the average value rose 0.4% in the three months to March. The average property in New Zealand is now worth $970,000. Our property…
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The day you own your first home is joyous – finally you’re on the property ladder with a place of your very own and the opportunity to build your wealth. And after probably saving for years for your deposit, there should be no small measure of delighted relief that you’ve achieved your goal. Of course,…
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A continuing environment of high rates and a case of tariff jitters dampened buyer enthusiasm for real estate in March, according to the latest figures. Sales slipped 5.9% to an annual 4.02 million deals on a March-to-March basis. The National Association of Realtors (NAR) said the market remained on a “solid footing” and blamed one…
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America builds around 1.4 million new homes every year – a massive contribution to easing the demand for housing that also keeps property prices from spiraling beyond the reach of millions of families and first-time buyers. Some 944,000 of these new constructions were for single-family homes in 2023 – 66.8% of the total, according to…
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