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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Every year, most owners will get a reminder to pay their home and contents insurance, and then transfer the cash without understanding exactly what they’re buying. So, what does the average policy cover? Firstly, let’s differentiate between home and contents cover. If you’re insuring your house, then your home policy should cover the structure of…
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As we enter 2025, Kiwis will be wondering what the property market holds for the next 12 months, and whether values will start to rebound on the back of some aggressive rate-cuts from the Reserve Bank of New Zealand. As an experienced agency, we can see a mixed picture that’s going to be dominated by…
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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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Understanding how to handle the pressure of auctions is an essential skill in your home-buying arsenal of knowledge and experience. While not every market favours auctions, many of the most prestigious properties go under the hammer in the expectation that buyer competition and the pressure of the moment will drive up the price. Nationally, at…
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With the summer selling season in full swing, many buyers are experiencing the stress of taking part in an auction. The pressure and competition of the moment can be confronting for some buyers – there’s a lot of money on the line, not to mention the lifestyle choice that’s about to be made. For those…
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Australian values continued their incredible run of growth, notching up the 21st month in a row that deal sizes have risen. And this winning streak came despite the first dip since January 2023 in the bellwether market of Sydney, which declined a miniscule 0.1% in the latest Home Value Index published by CoreLogic. The affordable…
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Property values depend on a number of factors – the health of the economy, confidence in the employment market, affordability of interest rates, price trends and the number of new homes being completed. The supply factor – the number of homes being built – continues to be a huge political issue in almost every mature…
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