Sales agents ask you lots of questions when you’re beginning the process of selling your home to upsize, downsize or move interstate. One of the more interesting ones is, “What do you love about your home?” It’s a good idea to pause before you answer. Why? Because you know better than anyone else what makes…
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The spring market continues to deliver handsomely for homeowners with national values increasing month-on-month by another 0.7%, according to the latest data from Cotality’s Home Value Index (HVI). The result, the strongest monthly gain since May 2024, means property prices have now risen 4.1% year-on-year, according to Cotality figures. If the current growth trends continue…
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There are many signs of the Canadian market improving, but the biggest signal everyone wants to see is an upward shift in value trends – and that seems to be a few months away. A rising level of inventory of homes for sale is keeping a lid on prices. This is despite the Bank of…
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Property sales are on the rise across Canada, jumping another 1.1% month-over-month in August, according to the Canadian Real Estate Association (CREA). Buyer sentiment is picking up in Montreal, Greater Vancouver and Ottawa, giving Canada its best market performance in August for four years. Deal numbers have now increased for a fifth straight month, signalling…
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The anticipated real estate recovery is beginning to take shape in good news for both sellers and buyers, and the Bank of Canada (BoC)) has recently injected additional optimism with its first interest rate cut in six months. We’re seeing a largely two-speed recovery in which markets with affordability challenges and strong inventory of homes…
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Sales have surged for new single-family homes, rising more than 20% in August compared with 12 months ago, according to the latest data from the US Census Bureau. The spike in new home transactions, which represent 14% of America’s real estate market, has been ignited by builders offering discount deals to lure buyers who’ve been…
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Latest data on prices and mortgage costs suggests buyers need to move quickly before the Holidays if they want to find a great deal. Values look set to rebound as the Federal Reserve moves toward a lower interest rate environment. The US is on track to sell 4 million properties this year with the sale…
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After the long-awaited and highly anticipated 0.25% reduction in the federal funds rate reduction by the Federal Reserve, many realtors are being asked if now is a good time to enter the market. Optimism is beginning to gain momentum because mortgage lending rates have been tapering down ever so slightly for the last few months.…
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Constant discussion about how property has become unaffordable for Millennials and Gen Z has prompted regular market research to uncover the attitudes and aspirations of younger buyers. These reports offer fascinating insights, especially if you’re about to downsize and sell your family home because these two generations are your most likely buyers. First-time buyers currently…
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Leading real estate marketplace Zillow has reported a 7.3% fall in the number of its listings for August as sellers take stock in the aftermath of the summer selling season. Inventory remains 15% above its level 12 months ago, providing buyers with plenty of choice and a healthy negotiating position. Currently, 20% of all sales…
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