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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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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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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