With Australia’s property market in a resurgent mood at the end of 2023, the prospects for continued value increases for the next 12 months appear strong. The cash rate hike to 4.35% on Melbourne Cup Day may have dampened the party, but industry researcher CoreLogic continues to show monthly rises of up to 0.9% in…
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The New Zealand property market is showing signs of a resurgence with a return to positive price trends and a greater volume of homes coming onto the market. Three key factors powering predictions for 2024 include speed of the market downturn, immigration numbers and the possibility that interest rates have peaked. The bottom of the…
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Market predictions indicate that 2024 will herald a property sell-off by many investors, even though prices are rising and the risk of further interest rate increases has all but evaporated. At the heart of concerns is the new National Coalition Government’s plans to shake up the real estate investor market. Under its election policies, the…
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The Federal Reserve has created 18 months of rate hikes to calm inflation, but the real challenge for the property market has been the continuing high 10-year bond yield. These bonds are viewed as one of the safest possible investments and an indicator of investor confidence in the economy, so the yield will impact mortgage…
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Understanding the mood of a market is a fundamental principle of buying and selling any product, but it’s never more essential than in real estate. With the market in a post-boom transition period influenced by high mortgage costs and strong prices, buyers and sellers need to understand each other’s perspectives. Buyers are best served if…
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With so much discussion about mortgage costs going down in 2024, is it better to buy now or continue renting until interest rates have fallen below 4% or 5%? Delaying a decision until mortgage costs taper down comes with the risk of trying to buy as prices increase. This list of pros and cons in…
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Better times may be ahead in the real estate market during 2024, in a year that promises to see the end of rising mortgage costs and the start of a journey to a more normalized market. Although, given it’s an election year, some uncertainty will remain. All the talk is expected to continue to revolve…
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The strong performance of the housing market, despite the recent interest rate hike on Melbourne Cup day, should give heart to homeowners who are looking to either upgrade or downsize this summer. The most recent Home Value Index from industry researcher CoreLogic shows property has edged up again in October, registering 0.9% value growth on…
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It may be early days in the recovery of New Zealand’s property market, but new research has shown an almost nationwide resurgence in confidence. With 566 suburbs recording value growth in the past three months, it’s worth studying the national picture so you get a sense of how this might affect your own strategy for…
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With an election out of the way, it seems that confidence has finally returned to the property market, with a new industry survey showing rises of more than 2% in the three months to November 1. Positive results have been reported in the cities and regional centres as optimism returns based on a probable end…
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