Young people frustrated at being priced out of real estate opportunities are turning to a strategy of co-buying to get their foot in the market. It’s an increasingly popular approach when the “Bank of Mum and Dad” cannot close the gap between a young person or couple’s income and loan obligations. Co-buying doesn’t come without…
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Surging listings and forecasts of even lower interest rates are powering the resurgence of the New Zealand property market. And bellwether market Auckland is back. Its average sale price is up 1.2% to $1.303 million, and its prestigious suburb of Matakana recorded quarterly value growth of 5.6%, putting the average price of a home above…
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America’s real estate market is warming up – literally. Spring sales season is underway, and a wave of summer sales is just around the corner. It’s a favorite time for buyers to hit the market. This year, they’re seeking out great deals as the market finds its balance after a spike in post-Covid property values…
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New Zealanders’ optimism about the housing market continues to rise with more owners opting for a variable mortgage rate rather than locking one in. Almost one-third of Kiwis (31.8%) have now opted for a floating rate in the belief there are more cuts to come from the Reserve Bank of New Zealand (RBNZ). Commentators are…
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A grey area of the purchase process comes immediately after a seller has accepted your offer – the assumption your lender will support your assessment of the property’s value. With the help of your agent, your proposal should reflect market value and not be a million miles away from the seller’s target price. But what…
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Home prices have shown an initial resilience in the face of economic threats and actions from Washington. Prices slipped just 0.8% in February as buyers increased their caution and sellers decided that perhaps this was a good time to hold onto their properties. Uncertainty, however, can be your friend in the property market. It can…
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A collective “watch and wait” stance has been adopted by property owners as Canada holds its breath for the next installment from the White House. After the steel tariffs, we now have a 25% levy on our auto industry exports to the United States. At the time of writing, the world was poised for so-called…
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Investor confidence has returned to regional Australia due to its strong price resilience in the past 12 months and continuing demand for rental properties. Dwelling values in three-quarters of regional suburbs (72.6%) analysed by industry researcher CoreLogic increased over the three months to January. By comparison, fewer than half the suburbs in capital cities produced…
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The record growth run Canadian property investors have enjoyed with rental income has been slowing in the past 12 months, but there’s every reason to be optimistic for 2025, according to industry experts. To the end of December, the 12-month rise in rents stood at +3.2%, or +$2,109pa. That’s the slowest rate of rental price…
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With a modest cut of 0.25% in the cash rate in February, many young buyers have been asking why interest rates have been so high. To many older Australians the current cash rate of 4.1% represents incredibly cheap money. Many will recall the days when banks charged up to 17% in the early 90s. Those…
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