Property values are starting their return to normal growth patterns, according to data released by the Real Estate Institute of New Zealand (REINZ). Average prices rose 1.5% over the three months to the end of October. This is a welcome turnaround after seeing drops of -0.6% and -0.3% in the previous two quarters to July…
Read more
Optimism for a big rebound in New Zealand property prices have increased with a third successive cut in interest rates. Our Official Cash Rate (OCR) has dropped a further 0.5% to 4.25% – the third successive reduction by the Reserve Bank of New Zealand. While it’s too soon to see evidence of the latest cut,…
Read more
Predictions of an improved buyers market are emerging as Americans gaze into the crystal ball to see how the real estate scene will respond in 2025 to a Trump-run economy, the likelihood of lower interest rates and more homes for sale. The leading property aggregator Zillow says its economists believe values will rise 2.6% next…
Read more
Landlords’ dream run of incremental rental increases appears to have taken a sudden turn, with average rents declining for the first time in three years, according to a Royal Bank of Canada (RBC). Our most expensive cities – Toronto and Vancouver – appear to have suffered the steepest declines. For investors, this may be a…
Read more
The real estate scene is on the move thanks to falling interest rates and reduced mortgage costs. Transactions were 7.7% higher in October than for the corresponding period last year, according to the latest Canadian Real Estate Association (CREA) figures. The result suggests we can put aside any doubts that homebuyers would not respond to…
Read more
Buyer anticipation of an elusive cut in interest rates has applied a temporary brake on the property market as sellers entered the first month of the traditionally strong spring season. With the rate stuck at 4.35%, buyers appear to be waiting for the Reserve Bank of Australia (RBA) to make its move to reduce mortgage…
Read more
Property is a reliable case study of how a market responds to varying economic factors. Whether you are a buyer or seller, the dynamics that influence real estate rarely change – confidence in the economy, perceptions of job security, mortgage costs, and supply and demand. Right now, we’re seeing buyers pivoting as they grapple with…
Read more
A great way to take the temperature of Australia’s property market is to watch the auction results come in. The numbers vary from week to week, but the trend rarely deviates substantially in terms of providing a sense of the market sentiment. A clearance rate of more than 70% is an indicator of a strong…
Read more
Continual media coverage of property prices and interest rates reflects the importance of our homes as a cornerstone for building personal wealth. It often feels as if every ebb and flow is highlighted, often leaving us confused about the true investment value of property. New data reminds us why the majority of us firmly believe…
Read more
With the latest 0.5% cut in interest rates, New Zealand buyers must start to think strategically about the best time to jump into the market. Now the Reserve Bank of New Zealand has trimmed rate by a full 1% in the last few months, you have precious few moments to consider your strategy before prices…
Read more
