The respected financial institution, Macquarie Bank, has given its 2025 mid-year economic outlook, and it sounds positive for property owners and investors while giving hope to first-home buyers. For anyone thinking of entering the market in the next 12 months, there is likely to be a concern at the back of your mind about the…
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For investors, prices in the bellwether markets of Sydney and Melbourne are beginning to strengthen, providing an immediate opportunity to achieve capital growth if you move quickly. Recent data from InvestorKit – a leading data-driven property investment advisory firm – shows a resurgence of market pressure within the inner and middle suburban rings of Sydney…
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Property values have now clocked up their fifth straight month of growth with all the signs suggesting prices may accelerate with the prospect of more interest rate cuts before the end of the year. Nationally, monthly values increased 0.6% with bellwether markets Sydney (+0.6%) and Melbourne (+0.5%) both strengthening in terms of auction clearances. Darwin…
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Construction costs appear to be climbing again as inflation continues to hamper new building projects and provides a sober reminder for renovators and buyers of new homes that your budget can get blown out of the water. Building materials became 0.5% more expensive in the June quarter, following an increase of 0.4% in the March…
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The New Zealand market is stuck in a bit of a groove right now. We’re continuing to see price stability nationwide with in-demand areas strengthening, while the stragglers struggle to gain buyer traction. Happy owners include those in Arrowtown in the Queenstown-Lakes, which has seen values rise an average $178,000 in six months, and those…
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Reading the tea leaves of today’s Kiwi property market is not an easy task. Sales are up, yet prices are flat. Record levels of inventory are starting to dwindle with a reported 5% fewer properties coming onto the market than 12 months ago. The Official Cash Rate (OCR) has dropped 2% since last September, but…
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Owning a home is more affordable now than at any time in the past three years, according to analysis from the Royal Bank of Canada (RBC). A negligible drop in values – down 0.2% in June compared with May – combined with an aggressive campaign of interest rate cuts by the Bank of Canada (BoC)…
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Confidence is returning to the Canadian real estate market with resales tracking 2.8% higher in June and values stable, just 0.2% lower. It’s the third successive month that we’ve seen resale data move upward, indicating that Canadians have put aside previous concerns about the economy, job security and the furore over American tariffs. All three…
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Who doesn’t love the idea of selling your home for more than expected? No one, of course. But what are the features of a home that command a premium with today’s cautious buyers? The American aggregator Zillow loves to delve into its database and come up with answers to these types of questions. There’s no…
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Is Canada’s real estate market really diverging into two separate camps – the urban centres that are supply-constrained and in high demand, and cities with too much to sell and too few buyers? Sitting in this latter camp are Toronto and Vancouver, which are our most expensive cities but suffering from oversupply and constrained spending…
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