Are you a homeowner wondering if now is the right time to sell? You won’t be alone. With the Australian cash rate stuck at 4.35% and the Reserve Bank showing reluctance to reduce mortgage costs in the near future, many potential sellers are asking their agents this question. As an experienced real estate agency in…
Read more
Predictions of a high-risk fire season for this summer have come from the Ministry of Emergency Preparedness. Areas that continue to suffer from drought, such as northwestern Alberta, northeastern British Columbia and southern Northwest Territories, are considered especially at risk. From this month until the end of summer, the Federal Government has warned of “a…
Read more
If the increase in the cost of living is stretching your finances thin, you may have considered renting a spare room to earn some extra cash. It’s also a favourite strategy for first-time buyers looking to ease their mortgage obligations with a little extra cash. While it can be a great way to earn income,…
Read more
As young Canadians continue to grapple with property prices that spiked during the pandemic, a new survey has found first-time buyers are getting more help than ever from their parents. Almost a third of first-home buyers have already received financial assistance from family members this year, according to a survey by the Canadian Imperial Bank…
Read more
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…
Read more
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…
Read more
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,…
Read more
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…
Read more
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%)…
Read more
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…
Read more
