Property values are starting their return to normal growth patterns, according to data released by the Real Estate Institute of New Zealand (REINZ). Average prices rose 1.5% over the three months to the end of October. This is a welcome turnaround after seeing drops of -0.6% and -0.3% in the previous two quarters to July…
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Optimism for a big rebound in New Zealand property prices have increased with a third successive cut in interest rates. Our Official Cash Rate (OCR) has dropped a further 0.5% to 4.25% – the third successive reduction by the Reserve Bank of New Zealand. While it’s too soon to see evidence of the latest cut,…
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The Holidays are a time for gathering with loved ones, sharing stories, and creating lasting memories. And what better place to do so than around a warm and inviting fireplace. A wonderful fireplace can be the heart of the home – a cozy gathering spot where families and friends can relax and connect. Choosing the…
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If you’re about to move home in the next few weeks, you might be thinking about how you’re going to cope with Yule Tide or other festivities in your new property. You’d be forgiven for feeling a little overwhelmed by the challenge of moving home and embracing the Holiday season. But don’t worry. Tens of…
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Predictions of an improved buyers market are emerging as Americans gaze into the crystal ball to see how the real estate scene will respond in 2025 to a Trump-run economy, the likelihood of lower interest rates and more homes for sale. The leading property aggregator Zillow says its economists believe values will rise 2.6% next…
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Landlords’ dream run of incremental rental increases appears to have taken a sudden turn, with average rents declining for the first time in three years, according to a Royal Bank of Canada (RBC). Our most expensive cities – Toronto and Vancouver – appear to have suffered the steepest declines. For investors, this may be a…
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Buying a property can be one of the most exciting moments of your life. It embraces the feeling of a new chapter in your life and all the hopes and dreams that come with it. Sometimes, however, there are not enough hours in the day to focus on finding your dream home. Instead, it can…
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A quirk of the Australian property scene is the fact there is more than one “scene”. In fact, there are eight – each run by our federated state or territory governments. This makes life pretty hard for investors, who have to navigate the rules and regulations of each jurisdiction, or a homeowner who is looking…
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When will interest rates start coming down? It’s the biggest question in the real estate market right now. It seems incredible to think the Reserve Bank of Australia actually put them up to 4.65% in November last year. Since then, it has steadfastly refused to move despite having seven meetings to consider its options. As…
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Melbourne is the new darling city for investors, according to a poll released by Property Investment Professionals of Australia (PIPA). Recognising the flat performance of house prices and an oversupply of apartments near the CBD, investors believe Melbourne will deliver the best capital growth of any Australian centre in the next 12 months. Their outlook…
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