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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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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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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We all know the property market warms up when spring and summer come around. And 2025 could be hotter than anyone anticipated. The Bank of Canada has reduced the interest rate for the sixth time since last April, and inflation remains low and stable at 1.8%. For many upsizers and first-time buyers, the question is…
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Building more homes to increase affordability is always going to be a double-edged sword in this country. It’s great news for young buyers trying to break into the market, but a sobering trend for owners who rely on their homes to be their great financial assets. Consequently, the property market and its participants are keenly…
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Zillow economists have crunched the numbers! They’ve analyzed their page-view traffic for nearly 2,300 American cities – plus data on property value growth and days on the market – to rank their users’ most desired locations. Would you guess Zillow users wanted the excitement of New York or L.A.? Or would they prefer those peaceful…
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The impending imposition of a 25% tariff on all steel and aluminum imports has sent ripples of concern across our housing and construction industry. Tariffs placed on eight countries plus the 27 members of the European Union are to take effect on March 12, 2025. They could significantly impact the cost of home construction and…
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