The New Zealand property market has seen consistent value gains across the country as the nation welcomed another 0.25% reduction in the Official Cash Rate (OCR) to revitalise the economy and reduce unemployment from 5.3%. The OCR now stands at 2.25%, and it’s amazing to think the rate is less than half the 5.5% level…
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The first predictions for the 2026 Australian property market are already making headlines as buyers and sellers alike ask themselves how high can prices go. The property portal Domain has been one of the first out of the blocks with its predictions, forecasting a 6% rise in values across all capital cities next year. Its…
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One-third of all Australian properties now command a $1 million-plus price tag, according to the latest research from Cotality. Its latest data shows the number of so-called “million-dollar suburbs” has risen by an astounding 143% in five years. The city with the most influence on this result is Brisbane, where 38 suburbs have moved into…
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Powered by a revolutionary government policy to support first homebuyers, Australia’s sale prices are now growing faster than at any time in the last two years. The moment the Government released its Home Guarantee Scheme (HGS) – a policy guaranteeing 15% of a 20% deposit so first-time buyers avoid Lenders Mortgage Insurance – the national…
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More than 1.1 million homes are now for sale across the United States, giving buyers lots of choice and a strong negotiation position. Inventory of homes for sale has now risen for the 23rd consecutive month, according to the latest data from aggregator Realtor.com. There are now 17% more homes for sale than this time…
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You’d be forgiven for thinking bipartisan politics is a thing of the past in the US, but that’s not true when it comes to housing. The Senate has recently passed an important piece of legislation that is designed to boost construction volume and make homes more affordable. The so-called ROAD to Housing Act (Renewing Opportunity…
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Home sales are on the rise as retail mortgage costs begin to fall following two reductions in the target cash rate by the Federal Reserve. The latest cut takes the target rate to 3.75%-4%, and this could influence the real estate market significantly in the coming weeks. Americans responded to the first reduction with a…
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New data shows ideal investment conditions are emerging for landlords – solid and stable rental incomes combined with seller discounts that offer the opportunity to expand real estate portfolios. The latest fall in cash rate guidance by the Federal Reserve – a quarter point drop to 3.75%-4% – is also welcome as it will improve…
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Buying a home is more affordable now than it has been for more than two years, according to the latest data in the ICE Mortgage Monitor Report. Principal and interest payments on a median-priced home fell to $2,148 a month, or 30% of median income. That’s the highest level of affordability recorded since early 2023.…
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With mortgage rates falling, many renters are now realizing the possibility that owning their own home is within reach. A total of 30% of all property buyers in September were first-time owners, according to the latest monthly data from the National Association of Realtors (NAR). And while prices have continued a slow climb, Freddie Mac…
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