With Canada’s policy interest rate now less than half of its peak of 18 months ago, Canadians continue to cautiously return to the real estate market. While delighted that the Bank of Canada has reduced its benchmark overnight rate to 2.25% from a peak of 5% in May 2024, Canadians remain concerned about the economic…
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When you step into a potential new home, it’s easy to let the existing furniture and decor distract you from the true potential of the space. Many buyers get stuck on the seller’s furniture choices and their layout of the living room. For example, if a TV is sitting in front of a fireplace, some…
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When you step into a potential new home, it’s easy to let the existing furniture and decor distract you from the true potential of the space. Many buyers get stuck on the seller’s furniture choices and their layout of the living room. For example, if a TV is sitting in front of a fireplace, most…
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As winter draws in, the importance of maintaining your roof so it’s in great condition becomes increasingly obvious. We rarely think of our home as being under threat from the elements until the storms and snows arrive. Of course, weather is a constant challenge, and it’s imperative to be proactive so small issues don’t turn…
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The sale of existing homes continues its rising trend, giving American owners confidence they can plan to either upsize or downsize this winter or with an early spring strategy. The National Association of Realtors’ (NAR) latest survey found sales of existing homes in October was 1.2% higher than in the previous month of September. This…
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One of the most influential predictions for real estate in 2026 has come from the National Association of Realtors (NAR), which has forecast a spectacular 14% jump in existing home sales next year, combined with price rises totalling 4%. One early signal supporting the NAR forecast is the fact that current applications for mortgages are…
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Lower interest rates have sparked record-breaking levels of participation by first-time buyers, who are now responsible for 27% of all residential property deals, according to a new report by Cotality and Westpac NZ. The dramatic 0.5% reduction in the Official Cash Rate (OCR) by the Reserve Bank of New Zealand in October has tempted many…
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The New Zealand property market has seen consistent value gains across the country as the nation welcomed another 0.25% reduction in the Official Cash Rate (OCR) to revitalise the economy and reduce unemployment from 5.3%. The OCR now stands at 2.25%, and it’s amazing to think the rate is less than half the 5.5% level…
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The first predictions for the 2026 Australian property market are already making headlines as buyers and sellers alike ask themselves how high can prices go. The property portal Domain has been one of the first out of the blocks with its predictions, forecasting a 6% rise in values across all capital cities next year. Its…
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One-third of all Australian properties now command a $1 million-plus price tag, according to the latest research from Cotality. Its latest data shows the number of so-called “million-dollar suburbs” has risen by an astounding 143% in five years. The city with the most influence on this result is Brisbane, where 38 suburbs have moved into…
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