Understanding how to handle the pressure of auctions is an essential skill in your home-buying arsenal of knowledge and experience. While not every market favours auctions, many of the most prestigious properties go under the hammer in the expectation that buyer competition and the pressure of the moment will drive up the price. Nationally, at…
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With the summer selling season in full swing, many buyers are experiencing the stress of taking part in an auction. The pressure and competition of the moment can be confronting for some buyers – there’s a lot of money on the line, not to mention the lifestyle choice that’s about to be made. For those…
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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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A great way to take the temperature of Australia’s property market is to watch the auction results come in. The numbers vary from week to week, but the trend rarely deviates substantially in terms of providing a sense of the market sentiment. A clearance rate of more than 70% is an indicator of a strong…
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Continual media coverage of property prices and interest rates reflects the importance of our homes as a cornerstone for building personal wealth. It often feels as if every ebb and flow is highlighted, often leaving us confused about the true investment value of property. New data reminds us why the majority of us firmly believe…
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