We all know the property market warms up when spring and summer come around. And 2025 could be hotter than anyone anticipated. The Bank of Canada has reduced the interest rate for the sixth time since last April, and inflation remains low and stable at 1.8%. For many upsizers and first-time buyers, the question is…
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Building more homes to increase affordability is always going to be a double-edged sword in this country. It’s great news for young buyers trying to break into the market, but a sobering trend for owners who rely on their homes to be their great financial assets. Consequently, the property market and its participants are keenly…
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Zillow economists have crunched the numbers! They’ve analyzed their page-view traffic for nearly 2,300 American cities – plus data on property value growth and days on the market – to rank their users’ most desired locations. Would you guess Zillow users wanted the excitement of New York or L.A.? Or would they prefer those peaceful…
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We’re seeing a strong rise in the number of properties for sale this month – and with spring just around the corner, the trend is only going to get stronger. Across America, we have 17% more properties on the market than 12 months ago. Which means, many owners are about to up their DIY game,…
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The rapid advancement of technology and AI is revolutionising Canada’s real estate industry and changing how properties are being bought and sold. If you’re thinking of selling, talk to your agent about how you can best use these technologies to maximise impact and minimise your marketing expense. Here are six technological advancements that can save…
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Anticipation is building for a spring full of optimism for the Canadian real estate scene following a sixth reduction in interest rates by the Bank of Canada. Sellers are already responding with the steepest spike in homes-for-sale since the start of Covid. As experienced real estate agents, we know it always takes a buyer a…
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Investors must now refocus their attention on capital gain from property purchases after new data shows the huge rises in rents in the post-Covid period are finally coming to an end. A new survey by industry researcher CoreLogic shows national rents rose 0.4% in the last quarter of 2024. That’s the smallest increase since 2018.…
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With the Australians hanging out for an interest rate cut (and we got a little one eventually), our real estate market has started 2025 stable and optimistic. Overall, the average property price hasn’t moved. Home values have held firm in January with a 0.0% change, according to the industry researcher, CoreLogic Data for the coming…
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Another reduction in interest rates has given the New Zealand real estate market an additional shot in the arm. Real estate agents are reporting the 0.5% reduction in the Official Cash Rate (OCR) to 3.75% has sparked an immediate response from first-home buyers. While this is only anecdotal evidence, data over the longer term suggests…
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As rising property values across Australia stabilise – for the moment at least – investors have a great opportunity to expand their portfolios before interest rate cuts finally arrive and buyers return in force. While values may currently be favourable, investors should be aware that the stellar growth in rental income since the pandemic is…
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