Category: News

Prices break $400k barrier again

American property prices continue to defy the gravity of higher mortgage costs with values rising for a fifth consecutive month. While sellers are staying away in historic numbers, the average price of property has increased 1.9% in the past 12 months, according to the Case-Schiller index.  The National Association of Realtors (NAR) has added further…
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Rental income still strong to entice investors

Investors across America are still enjoying a boom in rental earnings according to the latest report from the real estate brokerage, Redfin. Average rents are just $2 a month down on the record prices that were set last year at the height of the post-Covid inflation spike when rents were rising by more than 12%.…
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New home starts a boost for first-time buyers

If you’re a first-time buyer, you’d be excused for looking for any market statistic that will offer a positive outlook. Buying your first property is a wonderful time in your life, but it can come with the challenges of finding the right property and making sure you beat other buyers to the prize. As we’ve…
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Can policy supercharge real estate?

With New Zealand just days away from an election that the Nationals are tipped to win, it’s worth pausing to consider the party’s proposed tax policy that is said to open up 50,000 homes to foreign ownership. While this has gained much attention in real estate circles, it will likely affect only 3% of the…
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Analysts predict 10% price rise by 2025

Optimism about the New Zealand property market is back with market pundits telling one news poll that prices might jump up to 6% next year and again in 2025. As we all know, prices have fallen by double-digits since their peak in November 2021: a consequence of a 20-month campaign to raise interest rates to…
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Values rebound as sellers show cautious optimism

The performance of Australian real estate continues to confound and confuse the pundits with news that the market’s entire value has once again broken the $10 trillion barrier. What does that mean for you? For owners, your faith in real estate as an investment has been rewarded with the latest data suggesting values have increased…
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Locations that add a premium to home prices

With many young families currently in the market for a larger home, a burning question is whether it’s worth paying a premium to be near good schools. If you have a young family, how much extra would you pay to be in the catchment area of a good school?  The Real Estate Institute of Victoria…
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Regional fluctuations offer investor opportunities

Regional Australia has traditionally been a location of solid returns for investors seeking steady capital growth and reliable tenancies. The recent spate of interest rate rises and shifting buying patterns in the aftermath of Covid have complicated the regional picture. However, that doesn’t mean investors should turn away. Investors seeking to start or expand their…
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Halloween began as harvest festival

For many of us Antipodeans, Halloween is essentially an American celebration that has captured the imagination of our kids over the past couple of decades.  The global tradition continues to gain traction, with 300,000 more Australians this year planning to celebrate on October 31. Research from the Australian Retailers Association in collaboration with Roy Morgan…
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Barbie pink palaces that would be gold mines

The world seems to have gone Barbie crazy during the past few months, and her legendary pink “Dreamhouse” has enjoyed a share of the spotlight. The original pink Dreamhouse was built in 1962 in Malibu, California. It’s the only real-life Barbie house, but industry researcher CoreLogic has imagined 20 other pink palaces have been constructed…
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