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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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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Positive energy has returned to the New Zealand real estate market with increased buyer interest, more properties listed for sale and a long-awaited upward trend in values. Whether you’re a buyer, seller, or both, it’s worth spending a little time examining the findings of a recent survey measuring the state of the market. The House…
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The old myth that you shouldn’t sell in winter doesn’t seem to be credible with some of our celebrities, who’ve put up a range of properties for sale in the last few weeks. Of course, their properties neatly fit into the super-luxe category, which rarely struggles regardless of the economic cycle or time of year.…
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Australia’s housing market has not been short of the occasional twist or turn in 2023, and many owners sat on the sidelines to watch how it would play out. In the past four months we’ve seen it turn from decline to a far more positive sentiment. But we got a final twist with the Melbourne…
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Whether you want to upgrade your home or you’re a first-time buyer, the recent interest rate rise imposed by the Reserve Bank of Australia (RBA) on Melbourne Cup day will be of more than passing interest. Families, couples and singles in the throes of buying their next or first property will want to know the…
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Demand for more sustainable residential buildings isn’t going away, and both the federal government and many local councils appear on course for adjusting building regulations during the next few years. The real estate industry is increasingly discussing the impact of a draft Federal Government and CSIRO rating system that would influence home valuations and insurance…
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