The large rent hikes Canada has experienced since the pandemic are finally coming off the boil. Rents are not falling but the rate of growth is tapering down, slowing to 5.4% from a historic peak of 8% in mid-2023. That means investors have not only enjoyed record levels of rental income but will continue to…
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Homes with the five bedrooms or more have seen average rental growth nearing 10%, according to the industry researcher, CoreLogic. Its finding indicates some renters are starting to pool their resources, or they’re willing to live in homes with total strangers. CoreLogic reports that rental growth for homes of five-bedrooms or more have risen 8.7%,…
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The cost of rents is slowing but continues to grow at more than twice the level of our 2.5% inflation rate, according to the new National Rent Report released by Rentals.ca. Average monthly rents are now $2,201 with increases registering in Vancouver and Toronto. While the growth in rental costs is at its slowest for…
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It’s the Great Australian Rent Race – the hunt for affordable rentals that’s become a marathon as the nation struggles with its housing crisis. For landlords and investors, this is turning into an era of low vacancy rates, fierce competition, and rising rents. For many renters, it’s become a marathon rather than a sprint. As…
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Buying your first property is an unforgettable experience – and it’s one of the most important decisions you’ll make to set yourself on the path of wealth creation. And if you’ve achieved this goal during the current economic times, you’ve done incredibly well – Congratulations! As an experienced agency in your area, we know that…
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If you want to improve your home but have put the idea on hold because of the increasing cost of living, we have a few ideas to help you; and you don’t have to go crazy at Bunnings or on Gumtree or eBay to make great changes that will lift your spirits. Sometimes, owners become…
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A rental crisis that has struck post-lockdown Australia is allowing investors an opportunity to re-enter the market with an almost iron-clad guarantee of finding tenants. Rents have risen almost 12% in the past 12 months and the vacancy rate stands at an incredible 1%, according to new data from SQM Research. These factors, combined with…
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Strong rental returns is one reason why investors are being lured back into the property market after many sold for capital gain 12 months ago when values were up 20% plus year-on-year. The real estate picture is not precisely the same as many investors left it – properties values are higher but interest rates are…
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The countdown for moving home begins the moment agreement has been reached a sale and your agent receives a deposit. Moving may feel like an enormous task, especially when you survey your property and realise how much you’ve packed into it over the years. The best way to approach projects of this scale is to…
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