If you’re watching Canada’s interest rate tumble faster than anywhere else in the world right now, you’ll either be delighted you have a variable lending rate or annoyed you took a gamble on a fixed rate. For those who gambled and lost, the temptation is to call the lender and immediately ask for a new…
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Buyer anticipation of an elusive cut in interest rates has applied a temporary brake on the property market as sellers entered the first month of the traditionally strong spring season. With the rate stuck at 4.35%, buyers appear to be waiting for the Reserve Bank of Australia (RBA) to make its move to reduce mortgage…
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Forecasting the recent ebbs and flows of our real estate market has been less about overall economic wellbeing and market sentiment and more about the raw impact of high interest rates. With the Bank of Canada’s (BoC) latest 0.5% reduction in the cash rate, we have now seen the base rate fall 1.25% in a…
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With a focus on cost-of-living pressures since the post-Covid spike in inflation, many homeowners have been investigating the benefits of downsizing or taking out a reverse mortgage – and sometimes both. The impetus to downsize usually strikes so-called “empty-nesters” – those couples whose adult children are no longer living in the family home. But levies…
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Forget wedding bells, young Canadians are more interested in being a homeowner. Some 40% of under-30s say buying a property is critical to their five-year plan, signalling a preference over travel (30%) and marriage (24%). The survey conducted by the Royal Bank of Canada comes as interest rates have dropped a further 0.5% to 3.75%,…
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As more people become increasingly aware of their environmental footprint, sustainable living is gaining momentum. This translates into a growing interest in eco-friendly home renovations and upgrades. By making conscious choices, homeowners can significantly reduce their impact on the planet while enjoying a comfortable and healthy living space. And just as importantly, you’ll be adding…
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It’s the perfect time to focus on your real estate goals with the interest rate another falling 0.5% to 3.75% and with the possibility of more cuts coming from the Bank of canada. Property ambitions are certainly going to be a keen topic of conversation this upcoming Holidays, that’s for sure. If you’re psychologically ready…
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When owners begin thinking about their homes, many will overlook the importance of their garden. It’s not just an area that should be neat and tidy but somewhere that will entice buyers. When preparing your home for sales, it’s important to let buyers understand that your garden is a true extension of your home, not…
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Pets are more than just animals – they’re cherished members of our families. And we want our homes to be havens not just for ourselves but our furry companions, too. Designing pet-friendly interiors goes beyond just minimising hazards. It’s about creating a space that meets their needs while maintaining a stylish and comfortable environment for…
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A great way to take the temperature of Australia’s property market is to watch the auction results come in. The numbers vary from week to week, but the trend rarely deviates substantially in terms of providing a sense of the market sentiment. A clearance rate of more than 70% is an indicator of a strong…
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