When planning to sell your home, it’s natural to want to understand the health of the real estate market and the likelihood you’ll achieve the desired price for your property. Yet, for many owners, today’s marketplace is difficult to read. Currently, we have high interest rates as the Reserve Bank of Australia continues to put…
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The cut in the interest rate at the beginning of June has been welcomed by homeowners and those trying to break into the market. It wasn’t borrowers’ complaints who forced the Bank of Canada (BoC) to act, but the fact we achieved an inflation rate within the target band of 2-3%. Our Consumer Price Index…
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With pressure on the Federal Government to encourage the building of more homes to ease price pressures and the historically tight rental market, new data reveals a slowing in residential construction. The Australian Bureau of Statistics has reported the total number of dwellings approved fell in April. Daniel Rossi, the ABS head of construction statistics,…
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As Canadian owners enjoyed a first interest rate that turned the tide on 20-year-high loan costs, tenants continue to deal with rising costs. A new report claims our average rent has jumped the $2,200 barrier for the first time. It comes as the Bank of Canada reduced the benchmark cash rate from from 5% to…
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The strength of the Australian residential market continues to power ahead, registering value growth for the 16th successive month. Home values increased 0.8% in May, which is the largest monthly gain since last October. The mid-sized capitals are leading the way. The three hottest cities right now are Perth (+2% in May alone), Adelaide (1.8%)…
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With summer in full swing, your lawn mower may be feeling the heat of a tough workload. You wouldn’t be alone in worrying about whether the mower will fire up one more time to trim grass that’s growing quickly in the mix of heat and moisture. If you’re tempted to put yours into the shop…
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If you’re considering putting your property on the market in the next few months to catch the spring selling season, you’ll likely be researching New Zealand’s real estate trends. With house prices still averaging $975,000 and rising nationally by 3.3% year-on-year, you’d be right in thinking we have a solid, if not spectacular, market. Yet,…
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When it comes to inspecting a property, many potential buyers may wonder whether it’s appropriate to remove their shoes or leave them on. The answer to this question depends on various factors, including cultural norms, personal preferences, and the condition of the property. In some cultures, it is customary to remove shoes before entering a…
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First-home buyers remain the dominant group in the Kiwi real estate market, buying more than 40% of all properties in the first half of this year. With listings up 120% in less than three years, first-home buyers are enjoying a wider choice of properties and a strong negotiating position. They’ll likely receive a further boost…
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As the summer sun shines brightly, your outdoor space transforms into an extension of your home – a place to relax, entertain and create lasting memories. Choosing the right patio furniture will enhance your lifestyle and help add value to your property. As your local agents, we know the ability to entertain guests is one…
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