The monthly volume of home sales has now risen 11.2% since March and there are predictions across the real estate sector that the Canadian market is beginning its long-awaited bounce back. After the threat of significant US tariffs put a brake on transactions earlier this year, Canadians have started to regain confidence in the economy,…
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Market momentum continues to pick up nationally following the third cut in interest rates since February. Industry researcher Cotality has reported a sixth successive month of value gains across the real estate market – a great sign with the spring sales season just around the corner. Dwelling values rose by 0.6% in July – the…
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Six of New Zealand’s 16 regions continue to deliver value growth for their owners, while the rest of the market prepares for a turnaround after the Reserve Bank cut the Official Cash Rate (OCR) for the seventh time in two years. With a record-high level of listings and a cash rate now down a further…
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The challenges of the housing market were cited as one reason why the Reserve Bank of New Zealand (RBNZ) has again decided to cut the Official Cash Rate (OCR), reducing it by 0.25% to 3%. Cheaper mortgages are now likely to further encourage the signs of green shoots that have emerged in several regions in…
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As Americans enjoy their summer vacations, it has become increasingly hard to get a solid fix on real estate. Prospective buyers and sellers await interest rate cuts, any inflationary impact of tariffs and wonder what the inevitable flow-through to the housing market will be. As one Zillow economist observed, Americans are playing a “wait-and-see” game…
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The median price of an existing American home has hit a record high, increasing 2% year-over-year in June to $435,300. The value of an existing home has increased almost $141,000 in the past five years, according to the latest “Existing-Home Sales Report”, issued by the National Association of Realtors (NAR). Just 12 months ago, the…
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Investors and landlords wondering about the future value of real estate may find inspiration from new data indicating American property has hit new heights of popularity with foreigners. Investment by international buyers is up 33.2%, according to the National Association of Realtors. They spent $56 billion on 78,100 properties between April 2024 and last March.…
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Shutting the front door as you leave for your vacation – whether you’re heading overseas or somewhere in the United States – gives most people cause for pause. They will often ask themselves simple questions: Are all the appliances turned off? Have I locked the back door? Are all the windows secured? It’s a natural…
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Every market moves in cycles and the current environment requires a little more work to strike a deal if you’re the seller. As we move into a temporary period favoring the buyer, it’s more important than ever to find an agent who can generate multiple offers and even spark a bidding war. Creating tension between…
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Momentum is picking up in the major Australian real estate markets judging by the latest trendlines in auction clearance rates. The improvement is particularly noticeable in Melbourne and Sydney, while most other capital cities continue their strong performances. The only exception is the new multi-million-dollar market of Brisbane, where the trend has dipped slightly. Industry…
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