Real estate prices displayed considerable resilience in 2024, but the burning question now is whether the supply and demand equation will keep values buoyant while we all wait for the much-promised and delayed interest rate cuts. Predicting when rates might fall from 4.35% is like playing roulette. With so many economic and geo-political factors in…
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Buying your first property is one of the most exciting moments in your life. For most first homebuyers, they will be hatching plans to renovate or make cosmetic improvements so their first apartment feels like their own home. The price of property – plus current interest rates – has forced many young buyers to modify…
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The false expectation that Australia would see interest rates tumbling by now has played a significant role in dampening the spring sales season, according to industry researcher CoreLogic. Its newly-released numbers show prices have continued to hold their ground but the number of transactions were less than historic norms. For the three months ending November…
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Planning ahead is a profitable strategy in real estate, especially if you’re thinking of selling your home in today’s market conditions. Achieving your price ambitions will be possible – so long as they’re not too out of step with market reality – but you’re going to have to make your home shine. You’re probably asking…
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Two mortgage rate cuts of 0.5% in succession have given Canadians renewed optimism about the property market. The national average sale price has risen 7.4% to $694,411, according to new figures from the Canadians Real Estate Association (CREA). And with our cash rate now 3.25% – one of the lowest among developed economies – homebuyers…
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As we enter 2025, Canadians homebuyers and owners will be looking at a myriad of economic and political issues that could influence their decision to review and change their mortgage arrangements. While our agency does not pretend to be a financial adviser, it’s clear the situation for mortgage holders is changing quickly. The Bank of…
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Economic news might have been less than we’d have wanted for Christmas, but the property market is showing signs of resistance. And that’s good news for buyers and sellers alike. Prices are on the rise for the first time in seven months, according to the monthly Valocity housing report. While the 0.7% rise is not…
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The new year is a time for fresh starts and new resolutions. This year, resolve to upgrade your home with smart technology that enhances comfort, security, and efficiency. Welcome the future of living with innovative solutions that seamlessly integrate into your lifestyle. Imagine a home where your voice or smartphone controls everything. With smart home…
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The New Year often brings a wave of fresh starts and renewed aspirations. For many, this includes reimagining their living spaces and setting their sights on a new home that truly reflects their evolving needs and desires. Whether you’re envisioning a cozy cottage, a modern condo, or a sprawling family estate, defining your ideal space…
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Selling your home is a significant financial decision, and the appraisal process plays a crucial role in determining its value. Understanding this process can help sellers prepare and ensure a smoother transaction. This article provides valuable insights into the appraisal process, its impact on your home sale, and key factors that influence property valuation. Sellers …
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