For many Australians, and especially first homebuyers, the belief that purchasing property is a great way to build your wealth is foundational. While we all realise real estate has its ebbs and flows – like any other market – society has taught us that property is a solid investment for our futures. It might not…
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As a serious property investor, you’re likely to be well-versed in the need to diversify not only the types of property in your portfolio but also their locations. These two factors should dominate your strategy in the same way that your tactical choices are influenced by the potential for capital growth and rental yields. All…
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New Zealand property buyers enjoyed more good news with another cut in the Official Cash Rate (OCR). The Reserve Bank of New Zealand took the knife to the OCR for a fifth time since last August, reducing the rate 0.25% to 3.5%. Determined to spark up emerging economic growth and support the five-month momentum of…
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With interest rates in full retreat, Kiwi confidence in the property market grows stronger with every month that passes. The number of successful sales has increased 3.4% on last year’s numbers, and the average value rose 0.4% in the three months to March. The average property in New Zealand is now worth $970,000. Our property…
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The latest sales data for real estate across America shows a dip in March – a fact that the National Association of Realtors said reflected a downturn in “housing mobility”. Its chief economist said this could become a societal trend as folks decided to “stay in place” rather than move for reasons of work or…
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Understanding how values in Australian real estate are changing has a fundamental influence on any decision to buy and sell. Property is recognised as a reliable foundation on which to build your wealth. However, your challenge is to navigate market fluctuations to avoid buying at the top of the cycle. Right now, Australia’s market is…
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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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