A rebound in property prices appears to be entrenched as new industry numbers show a third successive rise in house prices and the strongest growth in the residential sector since November 2021. The industry analyst CoreLogic has reported values up 1.2% in May, which follows encouraging spring sales in March and April when price rises…
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If you’re an experienced investor who thrives on counter-cyclical opportunities, it looks like the current property market is a perfect time to strike. New data from industry researcher CoreLogic shows investors are more willing to put their properties on the market than owner-occupiers. It’s no secret that housing inventory is down against historical averages, but…
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While much of the media hype about the property market is doom and gloom, the data shows house prices appeared to have turned the corner and are edging upward again. That means it’s likely buyers are going to see more homes come on to the market in the next few months. As an experienced agency…
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When you begin hearing optimism about our property market from generally conservative institutions such as the Bank of New Zealand, you can be confident that light is finally entering the real estate tunnel. BNZ has been unerringly accurate in its forecast for property values and consistent in its prediction the market will turn around in…
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The tide continues to turn for New Zealand property prices, meaning first-time buyers should begin planning their move before the value recovery starts to pick up pace. A total of 14 territorial local authority areas registered an increase in residential prices, according to a June market survey issued by OneRoof. Its Valocity House Index shows…
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Downsizing is a common trend among homeowners, particularly those approaching retirement or experiencing lifestyle changes. This shift can offer financial benefits and a simpler living arrangement that better suits evolving needs. As an experienced local agent, I’ve observed that cash transactions often increase during periods when financing becomes more challenging. This trend can benefit those…
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In many real estate markets, the number of homes for sale can fall below historical averages, creating a competitive environment for buyers. When inventory is low and demand is high, potential homeowners often find themselves navigating bidding wars. Understanding this landscape and having a solid strategy can make all the difference in securing your dream…
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Rental revenue continues to rise across Australia, giving fresh impetus to the property investment scene. Whether you’re thinking about growing your portfolio or starting out as an investor, the trend in rents indicates that great opportunities may be available. Rental incomes are being supercharged by a post-Covid surge in overseas migrants and international students, according…
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Confidence continues to return to the property market despite the continued pressure on mortgage costs, according to the latest figures from the Australian Bureau of Statistics. It looked at the number of new loans that are being issued and found an uptick of 4.9% for March compared with the previous month. That represents a value…
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The rent increases we’re witnessing nationwide have been a relief to some financially-squeezed investors as maintenance costs and interest rates continue to climb. But if you’re considering hiking your price, be aware there’s a right and wrong way of going about it. If you use a property management team, you should talk to them about…
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