Property prices have been on the rise globally. Like Australia, many countries experienced huge spikes in values for houses and apartments during the pandemic. Rents also went through the roof. For first homebuyers, the property market has been especially tough, but new and innovative trends are emerging to overcome the challenge. The first of these…
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Measuring the market mood isn’t always straightforward when property sales data isn’t heading for the stars, or dipping towards the floor. Everyone’s an expert when buyer behaviour is obvious. But the mood is a little harder to capture in Australia right now. Buyers and sellers have been hoping for more interest rate cuts, which seem…
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Surging listings and forecasts of even lower interest rates are powering the resurgence of the New Zealand property market. And bellwether market Auckland is back. Its average sale price is up 1.2% to $1.303 million, and its prestigious suburb of Matakana recorded quarterly value growth of 5.6%, putting the average price of a home above…
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The needs of first-time buyers are back on the political agenda now the next federal election is just around the corner. The election is now confirmed as May 3. And the Labor Government is moving to further ease the pressures on first homebuyers, and capture their support. It has announced an increase in price caps…
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The gender gap between the number of men and women who own property in Australia is closing, according to a study by Lonergan Research. Some 62.7% of women own at least one residential dwelling compared with 64.4% of men. Men remain the predominant group of property investors (14.2%) compared to women with 11.4%. In a…
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Home prices have shown an initial resilience in the face of economic threats and actions from Washington. Prices slipped just 0.8% in February as buyers increased their caution and sellers decided that perhaps this was a good time to hold onto their properties. Uncertainty, however, can be your friend in the property market. It can…
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A collective “watch and wait” stance has been adopted by property owners as Canada holds its breath for the next installment from the White House. After the steel tariffs, we now have a 25% levy on our auto industry exports to the United States. At the time of writing, the world was poised for so-called…
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The record growth run Canadian property investors have enjoyed with rental income has been slowing in the past 12 months, but there’s every reason to be optimistic for 2025, according to industry experts. To the end of December, the 12-month rise in rents stood at +3.2%, or +$2,109pa. That’s the slowest rate of rental price…
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Price data trends are most powerful when you’re able to drill down into a neighborhood or its surrounding area, providing you with real-world examples of how a market is behaving. Talking to a local agent, such as myself, about property values for the type of home you’re either selling or buying is always a smart…
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It wasn’t so long ago Canadians were talking about mortgage costs and property prices as one of the nation’s most pressing concerns. Times move quickly, however. Now conversation has swung to the possible impact of tariffs from the United States, and our economic wellbeing (not to mention this year’s coming election and changes at the…
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