New Zealand property buyers enjoyed more good news with another cut in the Official Cash Rate (OCR). The Reserve Bank of New Zealand took the knife to the OCR for a fifth time since last August, reducing the rate 0.25% to 3.5%. Determined to spark up emerging economic growth and support the five-month momentum of…
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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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When moving into a new home, one of your first priorities will be to put your stamp on it by injecting your own style or personality. It’s one of the great joys of buying a property. It doesn’t matter whether it’s an apartment, condo or house, it’s natural to want to give it a personal…
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Understanding how values in Australian real estate are changing has a fundamental influence on any decision to buy and sell. Property is recognised as a reliable foundation on which to build your wealth. However, your challenge is to navigate market fluctuations to avoid buying at the top of the cycle. Right now, Australia’s market is…
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Property prices have been on the rise globally. Like Australia, many countries experienced huge spikes in values for houses and apartments during the pandemic. Rents also went through the roof. For first homebuyers, the property market has been especially tough, but new and innovative trends are emerging to overcome the challenge. The first of these…
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Now is the time to start preparing your home for sale if you want to catch the waves of buyers who enter the US real estate market during late spring and summer. Some owners may delay, believing a better time to transact is just around the corner. However, as an experienced agent, I’ve found that…
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When you’re selling in spring and summer, you should always seek an edge that will attract buyers to your property ahead of anyone else’s. With more homes coming on to the market across America, bear in mind that real estate can be a competitive sport – both for buyers and sellers. Buyers are competing for…
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