The rapid advancement of technology and AI is revolutionising Canada’s real estate industry and changing how properties are being bought and sold. If you’re thinking of selling, talk to your agent about how you can best use these technologies to maximise impact and minimise your marketing expense. Here are six technological advancements that can save…
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The average price of a home in New Zealand is on the rise, and the latest 0.5% cut in the Official Cash Rate (OCR) is likely to add to the momentum of the real estate recovery. Even before the Reserve Bank of New Zealand got out its knife to reduce rates for the fourth time…
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Investors must now refocus their attention on capital gain from property purchases after new data shows the huge rises in rents in the post-Covid period are finally coming to an end. A new survey by industry researcher CoreLogic shows national rents rose 0.4% in the last quarter of 2024. That’s the smallest increase since 2018.…
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With the Australians hanging out for an interest rate cut (and we got a little one eventually), our real estate market has started 2025 stable and optimistic. Overall, the average property price hasn’t moved. Home values have held firm in January with a 0.0% change, according to the industry researcher, CoreLogic Data for the coming…
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The real estate scene has made a fast and furious start to 2025 with speculation of property tax reductions from the new Trump administration, and sobering forecasts about the cost of a mortgage this year. The Federal Reserve has announced it’s not going to follow through on an anticipated campaign of incremental interest rate cuts…
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America’s real estate market appears set for a fascinating 2025 after new home sales finished strongly in December and pointed to a building confidence among buyers. We had hoped the Federal Reserve would step in to reduce the cash rate by a further 0.25% at the end of last month to ease the mortgage burden…
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The affordability of housing will be front and center in America’s political conversation this year, as everyone from the President down seeks cheaper interest rates to take pressure off values and rents. The nation’s ability to deliver affordable housing – a common challenge among many western economies – will affect millions of households. The market…
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The political imperative to fix America’s housing shortage – record-high rents, burgeoning interest rates and high home prices – gained the immediate attention of the new President. On the day he took office, President Trump signed an executive order telling all heads of executive departments and agencies “to deliver emergency price relief, consistent with applicable…
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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…
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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…
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