The New Zealand market is stuck in a bit of a groove right now. We’re continuing to see price stability nationwide with in-demand areas strengthening, while the stragglers struggle to gain buyer traction. Happy owners include those in Arrowtown in the Queenstown-Lakes, which has seen values rise an average $178,000 in six months, and those…
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New data shows rents beginning to fall, challenging landlords and investors who continue to face increasing compliance and maintenance costs. Canada Mortgage and Housing Corp (CMHC) says rents for a two-bedroom apartment are down in four of seven markets it analysed due to falling immigration intakes and an increase in the supply of rental properties.…
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Reading the tea leaves of today’s Kiwi property market is not an easy task. Sales are up, yet prices are flat. Record levels of inventory are starting to dwindle with a reported 5% fewer properties coming onto the market than 12 months ago. The Official Cash Rate (OCR) has dropped 2% since last September, but…
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Owning a home is more affordable now than at any time in the past three years, according to analysis from the Royal Bank of Canada (RBC). A negligible drop in values – down 0.2% in June compared with May – combined with an aggressive campaign of interest rate cuts by the Bank of Canada (BoC)…
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Confidence is returning to the Canadian real estate market with resales tracking 2.8% higher in June and values stable, just 0.2% lower. It’s the third successive month that we’ve seen resale data move upward, indicating that Canadians have put aside previous concerns about the economy, job security and the furore over American tariffs. All three…
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While much of Australia continues to wake up to brisk mornings and endure chilly evenings, the reality is that spring is just around the corner – and that means the peak selling season for real estate. The market mood is now swinging in a highly positive direction thanks to two interest rate cuts since February…
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Who doesn’t love the idea of selling your home for more than expected? No one, of course. But what are the features of a home that command a premium with today’s cautious buyers? The American aggregator Zillow loves to delve into its database and come up with answers to these types of questions. There’s no…
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With the spring sales season around the corner, it’s a fabulous time for apartment owners to consider their next real estate move. Whether you’re planning to stick with your apartment lifestyle or move into a house, the most immediate consideration is to maximise the value of your existing property. As you’ll no doubt know from…
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Is Canada’s real estate market really diverging into two separate camps – the urban centres that are supply-constrained and in high demand, and cities with too much to sell and too few buyers? Sitting in this latter camp are Toronto and Vancouver, which are our most expensive cities but suffering from oversupply and constrained spending…
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When preparing your home for sale, one element that can undermine your efforts and ambitions of a successful sale is dated furniture. Buyers are definitely focused on the core elements of your home – such as available space, the number of bedrooms and location – but they can be distracted. Clutter, bold color schemes, worn…
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