For the 19th consecutive month, Australian property prices recorded value growth despite continuing high interest rates and an economy showing slightly higher unemployment and weakening fundamentals. Leading industry researcher CoreLogic said values were up a further 0.5% month-on-month in August, delivering a rolling 12-week growth rate of 1.7%. The market has been unable to sustain…
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Switching your loan to another provider is never a simple task, but it will become easier thanks to a prospective policy change promised by our banking regulator, the Office of the Superintendent of Financial Institutions (OSFI). It has announced it will drop the requirement for a stress test when homeowners renew their mortgage as they…
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Industry data and commentary may suggest the post-Covid rebound in our national real estate market is losing steam, but home-loan data suggests otherwise. In the latest figures released by the Australian Bureau of Statistics, the total value of new housing loans rose 3.9% month-on-month in July to $30.6 billion. Investors are leading the charge. Their…
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Industry data shows buyers are watching the property market carefully, unsure how the latest cut in interest rate will affect prices against a backdrop of economic challenges. Smart buyers are already on the move, convinced values will rebound as the cost of mortgages falls. It’s generally accepted that any central bank needs to cut rates…
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In the ever-changing world of real estate, it pays to stay informed. Listening to a podcast is a great way to stay up to date and learn valuable new tips without it feeling like hard work. And what better way to do that than by tuning into the best property podcasts the country has to…
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Three cuts in our interest rates now have the Canadian property scene on the brink of a rebound as buyers weigh the benefits of cheaper loans against the backdrop of the nation’s economic performance. With the prospect of further rate cuts this year and into 2025, it’s little wonder the real estate market is seeing…
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Creating wealth for later in life is a goal most of us embrace and spend our entire working lives trying to accomplish. And for the vast majority, property investment is a huge component of their strategies. Many young people today feel the idea of owning property is beyond their reach. However, there are strategies to…
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Are the bare walls of your home starting to feel blah? Have you been reading some of the popular home interior magazines and discovered the new super-cool wallpapers that are all the rage? And are you just itching to start hanging wallpaper? If you are, we can’t blame you! Wallpaper selection and quality have improved…
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Signs of an immediate uplift in the momentum of the New Zealand property market have emerged following the Reserve Bank of New Zealand’s decision to cut the Official Cash Rate (OCR) by 0.25%. Taking the OCR to 5.25%, the mid-August move by the Reserve Bank was the first rate cut in more than four years.…
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Size isn’t everything but when it comes to bedrooms buyers are influenced heavily by space and storage. Built-in wardrobes are a huge plus for today’s buyers. Except in older houses and apartments, most buyers expect to see built-ins and are disappointed when they haven’t been installed. While owners preparing for a sale rightly focus on…
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